UNITED SPIRITS
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The Current P/E Ratio of UNITED SPIRITS is 68.69.
Share Price | ₹1,199.7 | Apr 26,2024 |
Market Cap | ₹87,266.2 Cr | |
Earnings-TTM | ₹1,270.4 Cr | TTM-Consolidated Results |
Price/Earnings | 68.69x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of UNITED SPIRITS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹87,266.2 Cr] as on Apr 26,2024
(/) Earnings [ ₹1,270.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 68.69x ]
Thus, for UNITED SPIRITS , the investors are currently willing to pay 68.69 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of UNITED SPIRITS !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of UNITED SPIRITS over the last five years.
Historical PE (Price/Earnings) ratio chart of UNITED SPIRITS
PE Ratio Performance Analysis for UNITED SPIRITS
- UNITED SPIRITS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 68.50x.
- UNITED SPIRITS 's operated at median p/e ratio of 57.38x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, UNITED SPIRITS 's p/e ratio peaked in Mar2021 at 105.38x.
- UNITED SPIRITS 's p/e ratio hit its five-year low in Mar2023 of 48.42x.
How does UNITED SPIRITS 's P/E Ratio benchmark against top 10 peers in Breweries & Distilleries Industry?
Peer Comparison (Breweries & Distilleries Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
UNITED SPIRITS | 1,270.40 | 68.69 | 87,266.2 |
UNITED BREWERIES LTD | 339.18 | 159.46 | 54,085.4 |
RADICO KHAITAN LTD | 236.17 | 97.82 | 23,102.0 |
SULA VINEYARDS LTD | 94.00 | 49.10 | 4,615.0 |
TILAKNAGAR INDUSTRIES LTD | 165.66 | 26.97 | 4,467.5 |
SOM DISTILLERIES BREWERIES & WINERIES LTD | 86.49 | 29.70 | 2,569.2 |
GLOBUS SPIRITS LTD | 132.21 | 17.33 | 2,290.7 |
GM BREWERIES LTD | 151.52 | 9.45 | 1,431.1 |
ASSOCIATED ALCOHOLS & BREWERIES LTD | 48.17 | 20.20 | 973.3 |
JAGATJIT INDUSTRIES LTD | 12.42 | 71.57 | 888.9 |
Breweries & Distilleries Industry Benchmark (Top 10) PE Analysis vs UNITED SPIRITS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.45x |
Max industry PE | 159.46x |
Median industry PE | 49.10x |
Average industry PE | 55.03x |
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