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VARIMAN GLOBAL ENTERPRISES
PE (Price/Earnings) Ratio

The Current P/E Ratio of VARIMAN GLOBAL ENTERPRISES is 340.13.

Share Price ₹28.6Apr 18,2024
Market Cap ₹555.8 Cr
Earnings-TTM₹1.6 CrTTM-Consolidated Results
Price/Earnings340.13xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of VARIMAN GLOBAL ENTERPRISES

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of VARIMAN GLOBAL ENTERPRISES is calculated as :

Current Market Cap [ ₹555.8 Cr] as on Apr 18,2024

(/) Earnings [ ₹1.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 340.13x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for VARIMAN GLOBAL ENTERPRISES , the investors are currently willing to pay 340.13 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 VARIMAN GLOBAL ENTERPRISES !

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 VARIMAN GLOBAL ENTERPRISES over the last five years.

Historical PE (Price/Earnings) ratio chart of VARIMAN GLOBAL ENTERPRISES


PE Ratio Performance Analysis for VARIMAN GLOBAL ENTERPRISES

- VARIMAN GLOBAL ENTERPRISES 's latest p/e ratio is 340.13x.

- VARIMAN GLOBAL ENTERPRISES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 46.75x.

- VARIMAN GLOBAL ENTERPRISES 's operated at median p/e ratio of 5.46x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, VARIMAN GLOBAL ENTERPRISES 's p/e ratio peaked in Mar2023 at 149.04x.

- VARIMAN GLOBAL ENTERPRISES 's p/e ratio hit its five-year low in Mar2019 of 0x.


How does VARIMAN GLOBAL ENTERPRISES 's P/E Ratio benchmark against top 10 peers in Construction - Real Estate Industry?

Peer Comparison (Construction - Real Estate Industry)Earnings-TTM (Cr)PE RatioMarket Cap
VARIMAN GLOBAL ENTERPRISES 1.63340.13555.8
DLF LTD1,285.14164.88211,899.0
MACROTECH DEVELOPERS LTD1,648.5671.28117,515.0
GODREJ PROPERTIES LTD640.95110.1070,568.3
OBEROI REALTY LTD1,552.7432.8050,937.0
THE PHOENIX MILLS LTD1,230.7245.8556,423.3
PRESTIGE ESTATES PROJECTS LTD1,903.1025.8049,105.6
BRIGADE ENTERPRISES LTD253.2794.4523,922.3
NBCC (INDIA) LTD386.5758.0222,428.0
SIGNATUREGLOBAL (INDIA) LTD-69.83-255.4517,837.1
SOBHA LTD90.69168.6215,291.0

Construction - Real Estate Industry Benchmark (Top 10) PE Analysis vs VARIMAN GLOBAL ENTERPRISES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -255.45x
Max industry PE 340.13x
Median industry PE 71.28x
Average industry PE 77.86x



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