VARUN BEVERAGES
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The Current P/E Ratio of VARUN BEVERAGES is 76.48.
Share Price | ₹608.1 | Nov 01,2024 |
Market Cap | ₹197,537.2 Cr | |
Earnings-TTM | ₹2,583.0 Cr | TTM-Consolidated Results |
Price/Earnings | 76.48x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of VARUN BEVERAGES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹197,537.2 Cr] as on Nov 01,2024
(/) Earnings [ ₹2,583.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 76.48x ]
Thus, for VARUN BEVERAGES , the investors are currently willing to pay 76.48 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 VARUN BEVERAGES !
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 VARUN BEVERAGES over the last five years.
Historical PE (Price/Earnings) ratio chart of VARUN BEVERAGES
PE Ratio Performance Analysis for VARUN BEVERAGES
- VARUN BEVERAGES 's p/e ratio for fiscal years ending Dec2023 to Dec2019 averaged 39.75x.
- VARUN BEVERAGES 's operated at median p/e ratio of 35.7x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VARUN BEVERAGES 's p/e ratio peaked in Dec2023 at 78.14x.
- VARUN BEVERAGES 's p/e ratio hit its five-year low in Dec2019 of 19.37x.
How does VARUN BEVERAGES 's P/E Ratio benchmark against top 10 peers in Consumer Food Industry?
Peer Comparison (Consumer Food Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
VARUN BEVERAGES | 2,582.99 | 76.48 | 197,537.2 |
NESTLE INDIA LTD | 3,322.74 | 66.20 | 219,972.0 |
BRITANNIA INDUSTRIES LTD | 2,190.48 | 62.62 | 137,177.0 |
MARICO LTD | 1,613.00 | 51.89 | 83,692.2 |
JUBILANT FOODWORKS LTD | 378.55 | 100.59 | 38,079.7 |
HATSUN AGRO PRODUCT LTD | 317.67 | 77.67 | 24,674.9 |
DEVYANI INTERNATIONAL LTD | 14.37 | 1,435.55 | 20,633.2 |
BIKAJI FOODS INTERNATIONAL LTD | 288.92 | 74.31 | 21,470.3 |
SAPPHIRE FOODS INDIA LTD | 13.82 | 753.66 | 10,414.8 |
GODREJ AGROVET LTD | 325.40 | 42.70 | 13,893.8 |
ZYDUS WELLNESS LTD | 304.20 | 40.78 | 12,406.7 |
Consumer Food Industry Benchmark (Top 10) PE Analysis vs VARUN BEVERAGES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 40.78x |
Max industry PE | 1,435.55x |
Median industry PE | 74.31x |
Average industry PE | 252.95x |
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