VIRAT CRANE INDUSTRIES
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The Current P/E Ratio of VIRAT CRANE INDUSTRIES is 19.12.
Share Price | ₹61.1 | May 18,2024 |
Market Cap | ₹124.6 Cr | |
Earnings-TTM | ₹6.5 Cr | TTM-Standalone Results |
Price/Earnings | 19.12x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of VIRAT CRANE INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
VIRAT CRANE INDUSTRIES | 6.52 | 19.12 | 124.6 |
NESTLE INDIA LTD | 3,196.20 | 75.48 | 241,251.0 |
VARUN BEVERAGES LTD | 2,211.84 | 88.50 | 195,752.0 |
BRITANNIA INDUSTRIES LTD | 2,137.41 | 57.37 | 122,630.0 |
MARICO LTD | 1,502.00 | 51.24 | 76,959.0 |
JUBILANT FOODWORKS LTD | 241.72 | 128.19 | 30,986.3 |
HATSUN AGRO PRODUCT LTD | 267.29 | 85.36 | 22,816.1 |
DEVYANI INTERNATIONAL LTD | -9.65 | -1,904.36 | 18,380.9 |
BIKAJI FOODS INTERNATIONAL LTD | 185.47 | 73.53 | 13,637.1 |
SAPPHIRE FOODS INDIA LTD | 51.96 | 169.79 | 8,821.7 |
GODREJ AGROVET LTD | 307.41 | 34.79 | 10,694.5 |
Consumer Food Industry Benchmark (Top 10) PE Analysis vs VIRAT CRANE INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE 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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