VARIMAN GLOBAL ENTERPRISES
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The Current P/E Ratio of VARIMAN GLOBAL ENTERPRISES is 340.13.
Share Price | ₹28.6 | Apr 18,2024 |
Market Cap | ₹555.8 Cr | |
Earnings-TTM | ₹1.6 Cr | TTM-Consolidated Results |
Price/Earnings | 340.13x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of VARIMAN GLOBAL ENTERPRISES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
VARIMAN GLOBAL ENTERPRISES | 1.63 | 340.13 | 555.8 |
DLF LTD | 1,285.14 | 164.88 | 211,899.0 |
MACROTECH DEVELOPERS LTD | 1,648.56 | 71.28 | 117,515.0 |
GODREJ PROPERTIES LTD | 640.95 | 110.10 | 70,568.3 |
OBEROI REALTY LTD | 1,552.74 | 32.80 | 50,937.0 |
THE PHOENIX MILLS LTD | 1,230.72 | 45.85 | 56,423.3 |
PRESTIGE ESTATES PROJECTS LTD | 1,903.10 | 25.80 | 49,105.6 |
BRIGADE ENTERPRISES LTD | 253.27 | 94.45 | 23,922.3 |
NBCC (INDIA) LTD | 386.57 | 58.02 | 22,428.0 |
SIGNATUREGLOBAL (INDIA) LTD | -69.83 | -255.45 | 17,837.1 |
SOBHA LTD | 90.69 | 168.62 | 15,291.0 |
Construction - Real Estate Industry Benchmark (Top 10) PE Analysis vs VARIMAN GLOBAL ENTERPRISES 's P/E Ratio
Top 10 Industry Peers | PE 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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