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Garware Hi Tech Films Ltd P/E Ratio

Garware Hi Tech Films Ltd P/E Ratio

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Garware Hi Tech Films Ltd

NSE: GRWRHITECH

PE

20.5

Last updated : 14 Jun 12:44 PM

Key Highlights

    The P/E Ratio of Garware Hi Tech Films Ltd is 20.5 as of 14 Jun 12:44 PM .a1#The P/E Ratio of Garware Hi Tech Films Ltd changed from 6.2 on March 2019 to 7.3 on March 2023 . This represents a CAGR of 3.32% over 5 years. a1#The Latest Trading Price of Garware Hi Tech Films Ltd is ₹ 2184 as of 14 Jun 15:30 .a1#The PE Ratio of Packaging Industry has changed from 13.9 to 9.9 in 5 years. This represents a CAGR of -6.56%a1# The PE Ratio of Automobile industry is 11.3. The PE Ratio of Finance industry is 22.8. The PE Ratio of IT - Software industry is 28.9. The PE Ratio of Packaging industry is 56.5. The PE Ratio of Retail industry is 142.7. The PE Ratio of Textiles industry is 7.2. In 2024a1#The Market Cap of Garware Hi Tech Films Ltd changed from ₹ 505.77 crore on March 2019 to ₹ 1215 crore on March 2023 . This represents a CAGR of 19.17% over 5 years. a1#The Revenue of Garware Hi Tech Films Ltd changed from ₹ 378.37 crore to ₹ 458.09 crore over 8 quarters. This represents a CAGR of 10.03% a1#The EBITDA of Garware Hi Tech Films Ltd changed from ₹ 70.69 crore to ₹ 89.7 crore over 8 quarters. This represents a CAGR of 12.65% a1#The Net Profit of Garware Hi Tech Films Ltd changed from ₹ 44.54 crore to ₹ 57.81 crore over 8 quarters. This represents a CAGR of 13.93% a1#The Dividend Payout of Garware Hi Tech Films Ltd changed from 31.25 % on March 2019 to 15.74 % on March 2023 . This represents a CAGR of -12.82% over 5 years. a1#

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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 '196.2
Mar '204.5
Mar '2112.9
Mar '229.7
Mar '237.3

Fundamental Metrics

Market Cap

4,960 Cr

EPS

87.5

P/E Ratio (TTM) *

20.5

P/B Ratio (TTM) *

2.0

Day’s High

2187.55

Day’s Low

2137.65

DTE *

0.0

ROE *

9.9

52 Week High

2197.0

52 Week Low

758.45

ROCE *

13.7

* All values are consolidated

* All values are consolidated

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Garware Hi Tech Films Ltd

NSE: GRWRHITECH

PRICE

2184.1

49.15 (2.30%)

stock direction

Last updated : 14 Jun 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 Garware Hi Tech Films Ltd

Strength

4

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

Asset Value vs Market Value

Market Value

4,175

Asset Value

348

11.0 X

Value addition

* All values are in Rupees

PE Ratio Over Market Cap

Key Valuation Metric

Earnings

203 Cr

20.5 X

PE Ratio

Market Cap

₹4175Cr

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

203 Cr

20.5 X

PE Ratio

Market Cap

₹4175Cr

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 Packaging Industry over time

PE Ratio of Top Sectors

Garware Hi Tech Films 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 Garware Hi Tech Films Ltd, the PE Ratio is calculated as follows:

P/E Ratio

=

Market Capitalization

Net Income

  • Given the current market conditions, Garware Hi Tech Films Ltd's Share Price stands at 2184.1. The Earnings per Share (Diluted) for the trailing twelve months (TTM) ending in 2024-06-14T00:00:00 is 87.5. Substituting the values into the formula, PE Ratio becomes as follows: PE Ratio = 2184.1/ 87.5= 20.54.

P/E Ratio

=

Stock Price

Earning Per Share

  • This indicates that Garware Hi Tech Films Ltd's stock is trading at approximately 20.54 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 Garware Hi Tech Films Ltd’s PE Ratio (BSE: GRWRHITECH)

    The Price-to-Earnings (PE) ratio, used to assess Garware Hi Tech Films Ltd's stock (BSE: GRWRHITECH), 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 '19506
Mar '20384
Mar '211625
Mar '221620
Mar '231215

* 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 '22378
Sep '22404
Dec '22332
Mar '22366
Jun '23389
Sep '23406
Dec '23463
Mar '23458

* 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 '2271
Sep '2276
Dec '2252
Mar '2270
Jun '2373
Sep '2374
Dec '2385
Mar '2390

* 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 '2245
Sep '2248
Dec '2230
Mar '2243
Jun '2344
Sep '2346
Dec '2356
Mar '2358

* 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 '1931
Mar '2027
Mar '2120
Mar '2215
Mar '2316

* All values are a in %

About Garware Hi Tech Films Ltd

About Garware Hi Tech Films Ltd

    Garware Hi Tech Films Ltd (Formerly known Garware Polyester Limited) was incorporated in June, 1957. The company is a leading manufacturer of polyester film in the country. Presently, it is engaged in manufacturing of specialty performance polyester Films like Sun Control window films used in Automobiles, Buildings, etc, Paint Protection Films used in Automobiles and a variety of other specialty polyester films such as PET Shrink films used for Label applications, Low Oligomer PET films used for insulation of hermetically sealed compressors motors, Electric motor insulation and cable insulation, sequin application films, TV and LCD screen application, Packaging applications etc. Prior to these, the Company was primarily manufacturing moulds and dyes for the plastic manufacturers. In 1976, another group company Garware Plastics was merged with it and the name of the company was changed to Garware Plastics and Polyesters. Later on, the company acquired its present name and became a part of the Garware Group. Apart from polyester films, the company has diversified into video magnetic tapes, computer tapes, audio magnetic tapes, U-matic video cassettes, and value-added products like sun-control films. GPL's exports comprised mainly of polyester film and film-based products, to Western Europe, the US, South Korea, Australia and New Zealand. In 1994-95, Garware Photo and Polyester Films, which manufactures plastic products, ceased to be a subsidiary of the company. The company has formed Garware Chemicals Pvt Ltd, a new company, to implement a project for the manufacture of di-methyl terephthalate (DMT), the main raw material for the manufacture of polyester films. Garware Polyester International and Global Pet Films Inc are the subsidiaries of the company. The company's subsidiary, Garware Chemicals Limited implemented DMT project with 60000 MT per annum capacity. The production was commenced in the early part of 1999-2000. The company opened warehousing and marketing outfit in Miami(USA) and UK. During 2007-08, the Company implemented ERP (Kamat Soft) project for better business integration, hosted own centralized e-mail server, launched informative web site, installed CCTV for better security control, installed high speed connectivity for all plant locations for voice and data. During 2011-12, Garware Chemicals Limited (GCL) was amalgamated with the Company and through the said Scheme, 2,54,764 equity shares of Rs. 10/- each as fully paid up were allotted to the members of GCL, resulting this, the paid-up equity share capital of the Company was increased. During 2018-19, the Company introduced many Coated Products, Co Extruded Products, PETG Shrink Films for label applications with Low, Medium, and High Shrink Force. High heat rejection films were also introduced in International Market. It introduced Paint Protection Film (PPF) for automobile application. During 2019-20, the Company upgraded and modified PET film manufacturing lines to provide versatility for manufacturing specialty PET films. It launched the Surface Protection Film. The Company was renamed from Garware Polyester Limited' to Garware Hi-Tech Films Limited' effective on April 20, 2021. During FY 2022-23, the Company commissioned production of Laminated Sun Control Film.

Garware Hi Tech Films Ltd News Hub

News

Board of Garware Hi Tech Films recommends final dividend

Garware Hi Tech Films announced that the Board of Directors of the Company at its meeting ...

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30 May 202410:39

News

Board of Garware Hi Tech Films recommends Final Dividend

Garware Hi Tech Films announced that the Board of Directors of the Company at its meeting ...

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29 May 202416:16

News

Board of Garware Hi Tech Films approves capacity addition at Waluj unit

The Board of Garware Hi Tech Films at its meeting held on 29 May 2024 has approved the cap...

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29 May 202415:49

News

Garware Hi Tech Films to conduct board meeting

Garware Hi Tech Films will hold a meeting of the Board of Directors of the Company on 29 M...

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25 May 202419:07

News

Garware Hi Tech Films to conduct board meeting

Garware Hi Tech Films will hold a meeting of the Board of Directors of the Company on 28 M...

Read more

23 Mar 202417:08

News

Garware Hi-Tech hits record high after Q3 PAT climbs 84% YoY

Profit before tax jumped 80.19% YoY to Rs 72.96 crore in Q3 FY24. EBITDA stood at Rs 85 cr...

Read more

08 Feb 202415:30

Product Composition by Percentage (Revenue)

FAQs for PE of Garware Hi Tech Films Ltd

What is Garware Hi Tech Films Ltd current share price?

The current market price of Garware Hi Tech Films Ltd as of June 14, 2024 is ₹2184.10.

What is Garware Hi Tech Films Ltd's market cap?

Garware Hi Tech Films Ltd's market capitalisation stood at ₹4,175 Cr as of June 14, 2024

What are Garware Hi Tech Films Ltd's total net assets?

According to Garware Hi Tech Films Ltd's most recent financial filings, the company's net assets total ₹347.7 Cr.

Is Garware Hi Tech Films Ltd making a profit or loss?

Garware Hi Tech Films Ltd's net Profit as of June 14, 2024 is close to ₹203 Cr.
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