VOLTAS
|
The Current P/E Ratio of VOLTAS is 114.35.
Share Price | ₹1,414.0 | Apr 24,2024 |
Market Cap | ₹46,789.3 Cr | |
Earnings-TTM | ₹409.2 Cr | TTM-Consolidated Results |
Price/Earnings | 114.35x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of VOLTAS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹46,789.3 Cr] as on Apr 24,2024
(/) Earnings [ ₹409.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 114.35x ]
Thus, for VOLTAS , the investors are currently willing to pay 114.35 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 VOLTAS !
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 VOLTAS over the last five years.
Historical PE (Price/Earnings) ratio chart of VOLTAS
PE Ratio Performance Analysis for VOLTAS
- VOLTAS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 83.39x.
- VOLTAS 's operated at median p/e ratio of 63.11x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VOLTAS 's p/e ratio peaked in Mar2023 at 200.49x.
- VOLTAS 's p/e ratio hit its five-year low in Mar2020 of 30.63x.
How does VOLTAS 's P/E Ratio benchmark against top 10 peers in Air Conditioners Industry?
Peer Comparison (Air Conditioners Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
VOLTAS | 409.16 | 114.35 | 46,789.3 |
BLUE STAR LTD | 478.48 | 62.11 | 29,718.5 |
AMBER ENTERPRISES INDIA LTD | 148.54 | 86.03 | 12,778.5 |
JOHNSON CONTROLS HITACHI AIR CONDITIONING INDIA LTD | -125.59 | -25.67 | 3,224.2 |
Air Conditioners Industry Benchmark (Top 10) PE Analysis vs VOLTAS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -25.67x |
Max industry PE | 114.35x |
Median industry PE | 86.03x |
Average industry PE | 59.20x |
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