ZEAL AQUA
|
The Current P/E Ratio of ZEAL AQUA is 19.90.
| Share Price | ₹10.6 | Apr 24,2024 |
| Market Cap | ₹133.8 Cr | |
| Earnings-TTM | ₹6.7 Cr | TTM-Standalone Results |
| Price/Earnings | 19.90x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of ZEAL AQUA
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)
Current Market Cap [ ₹133.8 Cr] as on Apr 24,2024
(/) Earnings [ ₹6.7 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 19.90x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for ZEAL AQUA , the investors are currently willing to pay 19.90 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 ZEAL AQUA !
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 ZEAL AQUA over the last five years.
Thus, for ZEAL AQUA , the investors are currently willing to pay 19.90 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 ZEAL AQUA !
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 ZEAL AQUA over the last five years.
Historical PE (Price/Earnings) ratio chart of ZEAL AQUA
PE Ratio Performance Analysis for ZEAL AQUA
- ZEAL AQUA 's latest p/e ratio is 19.90x.
- ZEAL AQUA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.74x.
- ZEAL AQUA 's operated at median p/e ratio of 1.94x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ZEAL AQUA 's p/e ratio peaked in Mar2022 at 17.39x.
- ZEAL AQUA 's p/e ratio hit its five-year low in Mar2020 of 1x.
- ZEAL AQUA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.74x.
- ZEAL AQUA 's operated at median p/e ratio of 1.94x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ZEAL AQUA 's p/e ratio peaked in Mar2022 at 17.39x.
- ZEAL AQUA 's p/e ratio hit its five-year low in Mar2020 of 1x.
How does ZEAL AQUA 's P/E Ratio benchmark against top 10 peers in Aquaculture Industry?
| Peer Comparison (Aquaculture Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| ZEAL AQUA | 6.72 | 19.90 | 133.8 |
| APEX FROZEN FOODS LTD | 10.94 | 61.39 | 671.7 |
Aquaculture Industry Benchmark (Top 10) PE Analysis vs ZEAL AQUA 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 19.90x |
| Max industry PE | 61.39x |
| Median industry PE | 61.39x |
| Average industry PE | 40.64x |
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