WENDT (INDIA)
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The Current P/E Ratio of WENDT (INDIA) is 57.60.
Share Price | ₹11,623.0 | Apr 18,2024 |
Market Cap | ₹2,324.6 Cr | |
Earnings-TTM | ₹40.4 Cr | TTM-Consolidated Results |
Price/Earnings | 57.60x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of WENDT (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
WENDT (INDIA) | 40.36 | 57.60 | 2,324.6 |
CARBORUNDUM UNIVERSAL LTD | 436.44 | 53.34 | 23,278.0 |
GRINDWELL NORTON LTD | 390.14 | 57.76 | 22,535.4 |
Abrasives Industry Benchmark (Top 10) PE Analysis vs WENDT (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE 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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