Home > PE Ratio > WAAREE RENEWABLE TECHNOLOGIES

WAAREE RENEWABLE TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of WAAREE RENEWABLE TECHNOLOGIES is 270.26.

Share Price ₹2,755.4Apr 24,2024
Market Cap ₹28,683.2 Cr
Earnings-TTM₹106.1 CrTTM-Consolidated Results
Price/Earnings270.26xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for WAAREE RENEWABLE TECHNOLOGIES
Please provide your vote to see the results
WAAREE RENEWABLE TECHNOLOGIES is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals
Best Quarterly Growth Small Cap Stocks
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of WAAREE RENEWABLE TECHNOLOGIES

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 WAAREE RENEWABLE TECHNOLOGIES is calculated as :

Current Market Cap [ ₹28,683.2 Cr] as on Apr 24,2024

(/) Earnings [ ₹106.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 270.26x ]

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

Thus, for WAAREE RENEWABLE TECHNOLOGIES , the investors are currently willing to pay 270.26 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 WAAREE RENEWABLE TECHNOLOGIES !

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 WAAREE RENEWABLE TECHNOLOGIES over the last five years.

Historical PE (Price/Earnings) ratio chart of WAAREE RENEWABLE TECHNOLOGIES


PE Ratio Performance Analysis for WAAREE RENEWABLE TECHNOLOGIES

- WAAREE RENEWABLE TECHNOLOGIES 's latest p/e ratio is 270.26x.

- WAAREE RENEWABLE TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 19.55x.

- WAAREE RENEWABLE TECHNOLOGIES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, WAAREE RENEWABLE TECHNOLOGIES 's p/e ratio peaked in Mar2022 at 68.69x.

- WAAREE RENEWABLE TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does WAAREE RENEWABLE TECHNOLOGIES 's P/E Ratio benchmark against top 10 peers in Power Generation/Distribution Industry?

Peer Comparison (Power Generation/Distribution Industry)Earnings-TTM (Cr)PE RatioMarket Cap
WAAREE RENEWABLE TECHNOLOGIES 106.13270.2628,683.2
NTPC LTD16,487.1020.68340,886.0
ADANI GREEN ENERGY LTD1,198.00239.09286,425.0
POWER GRID CORPORATION OF INDIA LTD16,282.8016.60270,229.0
ADANI POWER LTD23,334.009.85229,931.0
TATA POWER COMPANY LTD3,132.9943.69136,872.0
ADANI ENERGY SOLUTIONS LTD1,251.9893.30116,814.0
NHPC LTD3,737.5224.2590,636.4
JSW ENERGY LTD1,657.7863.38105,067.0
TORRENT POWER LTD1,932.8937.6772,813.4
SJVN LTD990.5251.4450,949.8

Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs WAAREE RENEWABLE TECHNOLOGIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 9.85x
Max industry PE 270.26x
Median industry PE 43.69x
Average industry PE 79.11x



You may also like the below Video Courses