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VARUN BEVERAGES
PE (Price/Earnings) Ratio

The Current P/E Ratio of VARUN BEVERAGES is 90.10.

Share Price ₹1,457.8Apr 26,2024
Market Cap ₹189,426.5 Cr
Earnings-TTM₹2,102.3 CrTTM-Consolidated Results
Price/Earnings90.10xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of VARUN BEVERAGES

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 VARUN BEVERAGES is calculated as :

Current Market Cap [ ₹189,426.5 Cr] as on Apr 26,2024

(/) Earnings [ ₹2,102.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 90.10x ]

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

Thus, for VARUN BEVERAGES , the investors are currently willing to pay 90.10 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 latest p/e ratio is 90.10x.

- 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 RatioMarket Cap
VARUN BEVERAGES 2,102.2990.10189,426.5
NESTLE INDIA LTD3,196.2074.93239,477.0
BRITANNIA INDUSTRIES LTD2,150.5753.73115,558.0
MARICO LTD1,487.0045.0566,995.6
JUBILANT FOODWORKS LTD241.72119.3628,851.7
HATSUN AGRO PRODUCT LTD267.2991.0224,329.7
DEVYANI INTERNATIONAL LTD99.17205.4720,377.0
BIKAJI FOODS INTERNATIONAL LTD185.4771.1713,200.2
SAPPHIRE FOODS INDIA LTD185.4046.628,644.1
GODREJ AGROVET LTD265.6839.3310,450.5
ZYDUS WELLNESS LTD269.0739.4410,612.2

Consumer Food Industry Benchmark (Top 10) PE Analysis vs VARUN BEVERAGES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 39.33x
Max industry PE 205.47x
Median industry PE 71.17x
Average industry PE 79.66x



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