Home

Insights

Finolex Industries Ltd P/E Ratio

Finolex Industries Ltd P/E Ratio

download
stocks purchased

₹ 1.9 Cr

Volume transacted

stocks purchased

61.4 K

stocks traded

Image

Finolex Industries Ltd

NSE: FINPIPE

PE

35.7

Last updated : 23 May 15:30 pm

Key Highlights

    The P/E Ratio of Finolex Industries Ltd is 35.7 as of 23 May 15:30 pm .a1#The P/E Ratio of Finolex Industries Ltd changed from 16.9 on March 2019 to 42.2 on March 2023 . This represents a CAGR of 20.08% over 5 years. a1#The Latest Trading Price of Finolex Industries Ltd is ₹ 306.5 as of 23 May 15:30 .a1#The PE Ratio of Plastic products Industry has changed from 30.1 to 36.3 in 5 years. This represents a CAGR of 3.82%a1# The PE Ratio of Automobile industry is 27.2. The PE Ratio of Finance industry is 13.6. The PE Ratio of IT - Software industry is 27.9. The PE Ratio of Plastic products industry is 36.3. The PE Ratio of Retail industry is 153.5. The PE Ratio of Textiles industry is 21.1. In 2023a1#The Market Cap of Finolex Industries Ltd changed from ₹ 6222 crore on March 2019 to ₹ 10594 crore on March 2023 . This represents a CAGR of 11.23% over 5 years. a1#The Revenue of Finolex Industries Ltd changed from ₹ 1214 crore to ₹ 1289 crore over 8 quarters. This represents a CAGR of 3.02% a1#The EBITDA of Finolex Industries Ltd changed from ₹ 149.59 crore to ₹ 262.8 crore over 8 quarters. This represents a CAGR of 32.54% a1#The Net Profit of Finolex Industries Ltd changed from ₹ 99.22 crore to ₹ 164.9 crore over 8 quarters. This represents a CAGR of 28.92% a1#The Dividend Payout of Finolex Industries Ltd changed from 35.48 % on March 2019 to 39.2 % on March 2023 . This represents a CAGR of 2.01% over 5 years. a1#

Open Demat Account

Lead form image

+91

50 Years

of Trust & Legacy

₹0 AMC

for First Year

₹0 Brokerage

on Delivery, Intraday, Currency and NSE F&O

*By signing up you agree to our terms & conditions

×

P/E Ratio Over Time

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share. P/E Ratio Formula P/E ratio = (CMP of share/ Earning per share) Types of Price to Earning Ratio 1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance. 2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

P/E Ratio Over Time

Period
Mar '1916.9
Mar '2014.6
Mar '2153.6
Mar '229.1
Mar '2342.2

Fundamental Metrics

Market Cap

19,017 Cr

EPS

7.7

P/E Ratio (TTM) *

35.7

P/B Ratio (TTM) *

3.0

Day’s High

314.65

Day’s Low

305.05

DTE *

0.1

ROE *

8.4

52 Week High

327.5

52 Week Low

163.0

ROCE *

11.3

* All values are consolidated

* All values are consolidated

Image

Finolex Industries Ltd

NSE: FINPIPE

PRICE

306.5

-7.25(-2.31%)

stock direction

Last updated : 23 May 15:30

×

PRICE

The current market price or CMP refers to the price at which the securities are trading in the share market. Current price in Over-the-counter costs: The following current price depends upon the bid price & the asking price when a financial asset is sold over-the-counter(OTC). Current Price in Bond Market: The current price of a bond is determined by measuring the actual interest rate against the bid-related interest rate. The par or the face value is then calculated to represent the remaining interest payments due which occur before the maturity of the bond.

Share price Over Time

1M

1Y

3Y

5Y

* All values are in Rupees

SWOT Analysis Of Finolex Industries Ltd

Strength

1

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Finolex Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value

Market Value

16,967

Asset Value

1,151

13.7 X

Value addition

* All values are in Rupees

PE Ratio Over Market Cap

Key Valuation Metric

Earnings

473 Cr

35.7 X

PE Ratio

Market Cap

₹16966Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio

PS Ratio

PB Ratio

Earnings

473 Cr

35.7 X

PE Ratio

Market Cap

₹16966Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Plastic products Industry over time

PE Ratio of Top Sectors

Finolex Industries Ltd PE Ratio Calculation

  • The Price-to-Earnings (PE) ratio, also known as the P/E Ratio, is a fundamental financial metric used to assess the valuation of a company's stock in relation to its earnings performance. For Finolex Industries Ltd, the PE Ratio is calculated as follows:

P/E Ratio

=

Market Capitalization

Net Income

  • Given the current market conditions, Finolex Industries Ltd's Share Price stands at 306.5. The Earnings per Share (Diluted) for the trailing twelve months (TTM) ending in 2024-05-23T00:00:00 is 7.66. Substituting the values into the formula, PE Ratio becomes as follows: PE Ratio = 306.5/ 7.66= 35.7.

P/E Ratio

=

Stock Price

Earning Per Share

  • This indicates that Finolex Industries Ltd's stock is trading at approximately 35.7 times its earnings per share for the trailing twelve months. Alternatively, the PE Ratio can also be computed using the company's overall financial performance: PE Ratio = Market Cap / Net Income. Where Market Cap represents the total market capitalization of the company, and Net Income signifies the total earnings after expenses and taxes.

Understanding Finolex Industries Ltd’s PE Ratio (BSE: FINPIPE)

    The Price-to-Earnings (PE) ratio, used to assess Finolex Industries Ltd's stock (BSE: FINPIPE), indicates how many years it would take for the company to earn back the stock price. If a company earns ₹2 per share annually and its stock trades at ₹30, the PE ratio is 15, signifying a 15-year payback period assuming steady earnings. Earnings fluctuate, affecting the payback period, Growing earnings shorten the recovery time while declining earnings extend it. Shareholders favor shorter payback periods, preferring lower PE stocks. Among stocks with the same PE ratio, faster-growing businesses are preferred. A company with losses makes the PE ratio meaningless. Peter Lynch introduced the PEG ratio to compare stocks with different growth rates, dividing the PE ratio by the growth rate. A company is considered fairly valued when its PE ratio matches its growth rate. The PE ratio, applicable across industries, measures stock valuation based on earnings power. It indicates how quickly an investment can be recouped. Unlike the PB ratio, which assesses valuation based on the balance sheet, the PE ratio focuses on earnings. Overall, the PE ratio provides insights into stock valuation, aligning with investors' preference for faster returns.

×

Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '196222
Mar '204849
Mar '217905
Mar '229605
Mar '2310595

* All values are a in crore

×

Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '221215
Sep '22980
Dec '221165
Mar '221184
Jun '231227
Sep '23953
Dec '231067
Mar '231289

* All values are a in crore

×

EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '22150
Sep '22-104
Dec '22133
Mar '22260
Jun '23200
Sep '23173
Dec '23167
Mar '23263

* All values are a in crore

×

Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '2299
Sep '22-95
Dec '2280
Mar '22167
Jun '23115
Sep '2398
Dec '2395
Mar '23165

* All values are a in crore

×

Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '1935
Mar '2042
Mar '2134
Mar '2224
Mar '2339

* All values are a in %

About Finolex Industries Ltd

About Finolex Industries Ltd

    The Company offer a wide range of PVC pipes and fittings suitable for applications in agriculture, plumbing and sanitation. During the year 1999-2000, the company commissioned their new PVC extruded, rigid pipes plant at Ratnagiri in Maharashtra. They signed Technical agreement with Aker Kvaerner Netherlands for Basic Engineering and Design Development for the VCM plant. During the financial year 2012-13, Finolex Industries commissioned a state-of-the-art PVC pipes manufacturing plant at Masar in Vadodara with an initial capacity of 30,000 tons per annum (tpa). The sales volume for PVC pipes & fittings was 262,858 MT for the financial year ended 31 March 2019 as against 252,036 MTPA for the financial year ended 31 March 2018.

Finolex Industries Ltd News Hub

News

Finolex Inds records PAT of Rs 161 crore in Q4; EBITDA margin at 16.9%

Volume in Pipes & Fittings segment increased by 22.98% to 1,00,171 MT in Q4 FY24 from 81,4...

Read more

13 May 2024 10:30

News

Board of Finolex Industries recommends final dividend

Finolex Industries announced that the Board of Directors of the Company at its meeting hel...

Read more

11 May 2024 09:35

News

Finolex Industries announces board meeting date

Finolex Industries will hold a meeting of the Board of Directors of the Company on 10 May ...

Read more

03 May 2024 10:34

News

Volumes jump at Finolex Industries Ltd counter

JK Lakshmi Cement Ltd, Astrazeneca Pharma India Ltd, Honeywell Automation India Ltd, Uno M...

Read more

09 Feb 2024 11:00

News

Finolex Industries announces change in Chief Information Officer

Finolex Industries announced the appointment of Harish Dash as Chief Information Officer &...

Read more

10 Nov 2023 10:10

News

Finolex Industries to discuss results

Finolex Industries will hold a meeting of the Board of Directors of the Company on 21 Octo...

Read more

14 Oct 2023 19:27

Product Composition by Percentage (Revenue)

FAQs for PE of Finolex Industries Ltd

What is Finolex Industries Ltd current share price?

The current market price of Finolex Industries Ltd as of May 23, 2024 is ₹306.50.

Is Finolex Industries Ltd a good investment?

As per BlinkX Score Finolex Industries Ltd scores 79 in Revenue, 88 in Profitability. However it's advisable to conduct comprehensive research or seek advice from experts to evaluate whether it aligns with your investment objectives.

What are Finolex Industries Ltd's total net assets?

According to Finolex Industries Ltd's most recent financial filings, the company's net assets total ₹1151.3 Cr.

Is Finolex Industries Ltd making a profit or loss?

Finolex Industries Ltd's net Profit as of May 23, 2024 is close to ₹473 Cr.
up arrow
50yearstrust

Unlimited trading at just

Rs. 399

Rs. 199