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WENDT (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of WENDT (INDIA) is 57.60.

Share Price ₹11,623.0Apr 18,2024
Market Cap ₹2,324.6 Cr
Earnings-TTM₹40.4 CrTTM-Consolidated Results
Price/Earnings57.60xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of WENDT (INDIA)

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 WENDT (INDIA) is calculated as :

Current Market Cap [ ₹2,324.6 Cr] as on Apr 18,2024

(/) Earnings [ ₹40.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 57.60x ]

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

Thus, for WENDT (INDIA) , the investors are currently willing to pay 57.60 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 WENDT (INDIA) !

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 WENDT (INDIA) over the last five years.

Historical PE (Price/Earnings) ratio chart of WENDT (INDIA)


PE Ratio Performance Analysis for WENDT (INDIA)

- WENDT (INDIA) 's latest p/e ratio is 57.60x.

- WENDT (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 40.64x.

- WENDT (INDIA) 's operated at median p/e ratio of 39.71x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, WENDT (INDIA) 's p/e ratio peaked in Mar2021 at 49.54x.

- WENDT (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 34.88x.


How does WENDT (INDIA) 's P/E Ratio benchmark against top 10 peers in Abrasives Industry?

Peer Comparison (Abrasives Industry)Earnings-TTM (Cr)PE RatioMarket Cap
WENDT (INDIA) 40.3657.602,324.6
CARBORUNDUM UNIVERSAL LTD436.4453.3423,278.0
GRINDWELL NORTON LTD390.1457.7622,535.4

Abrasives Industry Benchmark (Top 10) PE Analysis vs WENDT (INDIA) 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 53.34x
Max industry PE 57.76x
Median industry PE 57.60x
Average industry PE 56.23x



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