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VIRAT CRANE INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of VIRAT CRANE INDUSTRIES is 19.12.

Share Price ₹61.1May 18,2024
Market Cap ₹124.6 Cr
Earnings-TTM₹6.5 CrTTM-Standalone Results
Price/Earnings19.12xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of VIRAT CRANE INDUSTRIES

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 VIRAT CRANE INDUSTRIES is calculated as :

Current Market Cap [ ₹124.6 Cr] as on May 18,2024

(/) Earnings [ ₹6.5 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 19.12x ]

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

Thus, for VIRAT CRANE INDUSTRIES , the investors are currently willing to pay 19.12 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 VIRAT CRANE INDUSTRIES !

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 VIRAT CRANE INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of VIRAT CRANE INDUSTRIES


PE Ratio Performance Analysis for VIRAT CRANE INDUSTRIES

- VIRAT CRANE INDUSTRIES 's latest p/e ratio is 19.12x.

- VIRAT CRANE INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.11x.

- VIRAT CRANE INDUSTRIES 's operated at median p/e ratio of 7.19x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, VIRAT CRANE INDUSTRIES 's p/e ratio peaked in Mar2022 at 10.39x.

- VIRAT CRANE INDUSTRIES 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does VIRAT CRANE INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Consumer Food Industry?

Peer Comparison (Consumer Food Industry)Earnings-TTM (Cr)PE RatioMarket Cap
VIRAT CRANE INDUSTRIES 6.5219.12124.6
NESTLE INDIA LTD3,196.2075.48241,251.0
VARUN BEVERAGES LTD2,211.8488.50195,752.0
BRITANNIA INDUSTRIES LTD2,137.4157.37122,630.0
MARICO LTD1,502.0051.2476,959.0
JUBILANT FOODWORKS LTD241.72128.1930,986.3
HATSUN AGRO PRODUCT LTD267.2985.3622,816.1
DEVYANI INTERNATIONAL LTD-9.65-1,904.3618,380.9
BIKAJI FOODS INTERNATIONAL LTD185.4773.5313,637.1
SAPPHIRE FOODS INDIA LTD51.96169.798,821.7
GODREJ AGROVET LTD307.4134.7910,694.5

Consumer Food Industry Benchmark (Top 10) PE Analysis vs VIRAT CRANE INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -1,904.36x
Max industry PE 169.79x
Median industry PE 73.53x
Average industry PE -101.91x



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