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Great Eastern Shipping Company Ltd P/E Ratio

Great Eastern Shipping Company Ltd P/E Ratio

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Great Eastern Shipping Company Ltd

NSE: GESHIP

PE

5.7

Last updated : 27 May 13:54 PM

Key Highlights

    The P/E Ratio of Great Eastern Shipping Company Ltd is 5.7 as of 27 May 13:54 PM .a1#The P/E Ratio of Great Eastern Shipping Company Ltd changed from 14.7 on March 2019 to 3.6 on March 2023 . This represents a CAGR of -29.65% over 4 years. a1#The Latest Trading Price of Great Eastern Shipping Company Ltd is ₹ 1003 as of 27 May 15:30 .a1#The PE Ratio of Shipping Industry has changed from -7.8 to 4.7 in 5 years. This represents a CAGR of NaN%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 Retail industry is 153.5. The PE Ratio of Shipping industry is 0.0. The PE Ratio of Textiles industry is 21.1. In 2023a1#The Market Cap of Great Eastern Shipping Company Ltd changed from ₹ 4266 crore on March 2019 to ₹ 9187 crore on March 2023 . This represents a CAGR of 16.58% over 5 years. a1#The Revenue of Great Eastern Shipping Company Ltd changed from ₹ 1397 crore to ₹ 1726 crore over 8 quarters. This represents a CAGR of 11.15% a1#The EBITDA of Great Eastern Shipping Company Ltd changed from ₹ 722.84 crore to ₹ 1166 crore over 8 quarters. This represents a CAGR of 27.01% a1#The Net Profit of Great Eastern Shipping Company Ltd changed from ₹ 457.04 crore to ₹ 905.08 crore over 8 quarters. This represents a CAGR of 40.72% a1#The Dividend Payout of Great Eastern Shipping Company Ltd changed from -418 % on March 2019 to 17.48 % on March 2023 . This represents a CAGR of NaN% 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 '190
Mar '2014.7
Mar '215
Mar '227.8
Mar '233.6

Fundamental Metrics

Market Cap

14,396 Cr

EPS

183.1

P/E Ratio (TTM) *

5.7

P/B Ratio (TTM) *

1.2

Day’s High

1031.1

Day’s Low

999.65

DTE *

0.2

ROE *

21.1

52 Week High

1129.0

52 Week Low

659.8

ROCE *

18.8

* All values are consolidated

* All values are consolidated

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Great Eastern Shipping Company Ltd

NSE: GESHIP

PRICE

1003

-5.40(-0.54%)

stock direction

Last updated : 27 May 15:30

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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 Great Eastern Shipping Company Ltd

Strength

3

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Great Eastern Shipping Company Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value

Market Value

14,967

Asset Value

5,119

1.9 X

Value addition

* All values are in Rupees

PE Ratio Over Market Cap

Key Valuation Metric

Earnings

2,614 Cr

5.7 X

PE Ratio

Market Cap

₹14967Cr

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

2,614 Cr

5.7 X

PE Ratio

Market Cap

₹14967Cr

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 Shipping Industry over time

PE Ratio of Top Sectors

Great Eastern Shipping Company 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 Great Eastern Shipping Company Ltd, the PE Ratio is calculated as follows:

P/E Ratio

=

Market Capitalization

Net Income

  • Given the current market conditions, Great Eastern Shipping Company Ltd's Share Price stands at 1003.0. The Earnings per Share (Diluted) for the trailing twelve months (TTM) ending in 2024-05-27T00:00:00 is 183.11. Substituting the values into the formula, PE Ratio becomes as follows: PE Ratio = 1003.0/ 183.11= 5.73.

P/E Ratio

=

Stock Price

Earning Per Share

  • This indicates that Great Eastern Shipping Company Ltd's stock is trading at approximately 5.73 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 Great Eastern Shipping Company Ltd’s PE Ratio (BSE: GESHIP)

    The Price-to-Earnings (PE) ratio, used to assess Great Eastern Shipping Company Ltd's stock (BSE: GESHIP), 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.

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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 '194266
Mar '203044
Mar '214591
Mar '224927
Mar '239187

* 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 '221398
Sep '221700
Dec '221522
Mar '221551
Jun '231335
Sep '231461
Dec '231396
Mar '231727

* 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 '22723
Sep '221046
Dec '22898
Mar '22942
Jun '23843
Sep '23876
Dec '23801
Mar '231166

* 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 '22457
Sep '22769
Dec '22627
Mar '22722
Jun '23576
Sep '23595
Dec '23538
Mar '23905

* 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 '19-418
Mar '2042
Mar '2113
Mar '2217
Mar '2317

* All values are a in %

About Great Eastern Shipping Company Ltd

About Great Eastern Shipping Company Ltd

    Promoted by Mulji (Sheth) brothers and Bhiwandiwalla family; Great Eastern Shipping Company Limited (GE Shipping) is a major player in the Indian Shipping industry. In the year 1987, GE Shipping made a joint venture company for owning oil drilling rig and an oil-drilling barge. GE Shipping entered into a joint venture agreement amongst Quatar General Petroleum Corporation (QGPC) and U B Air Pvt Ltd and united Helicharters Pvt Ltd in the year 2002. GE Shipping took delivery of MR Tanker Jag Prabha' in August 2013 and MR Tanker Jag Pranav' in September 2013. During the year under review, GIL redeemed 1.45 crore Preference Shares with the dividend rate of 7.5% p.a. GIL incorporated Greatship Oilfield Services Ltd. (GOSL), India as a wholly owned subsidiary in Mumbai on July 9, 2015. Subsequent to acquisition of all shares of GGES from Greatship Global Holdings Ltd., Mauritius (GGHL) by GIL, GGES has become the direct 100% wholly owned subsidiary of GIL w.e.f March 28, 2017. During the year, GGHL sold all the shares held by it in GGES, representing 89.3% of share capital of GGES, to GIL and recognized a gain on disposal of its holding in GGES. During the financial year ended 31 March 2018, GE Shipping took delivery of 2 product tankers, 1 medium gas carrier and 1 dry bulk carrier aggregating 0.24 Mn dwt. GIL and GGHL have commenced the process for the merger and made the necessary applications to the relevant authorities for their approval. As on March 31, 2021, Company's fleet stood at 45 vessels, comprising 32 tankers and 13 dry bulk carriers with an average age of 11.86 years aggregating 3.64 mn dwt. As of 31 March 2022, the company's fleet stood at 45 vessels, comprising 31 tankers and 14 dry bulk carriers with an average age of 12.55 years aggregating 3.57 mn dwt. During FY 2022, Company took delivery of a Midsize Gas Carrier Jag Vikram' and a Supramax Bulk Carrier Jag Rajiv'.

Great Eastern Shipping Company Ltd News Hub

News

Great Eastern Shipping Company delivers 2004 built MR product tanker “Jag Pahel”

Great Eastern Shipping Company has delivered its 2004 built Medium Range Product Tanker “J...

Read more

21 May 2024 14:45

News

Great Eastern Shipping Company contracts to sell MR product tanker 'Jag Pranam'

Great Eastern Shipping Company has contracted to sell its 2004 built Medium Range Product ...

Read more

15 May 2024 13:16

News

Volumes spurt at Great Eastern Shipping Company Ltd counter

Devyani International Ltd, Finolex Industries Ltd, Syrma SGS Technology Ltd, C.E. Info Sys...

Read more

14 May 2024 14:30

News

Volumes jump at Great Eastern Shipping Company Ltd counter

Dr Lal Pathlabs Ltd, Esab India Ltd, Tata Motors-DVR, ABB India Ltd are among the other st...

Read more

13 May 2024 11:00

News

Great Eastern Shipping Company appoints director

Great Eastern Shipping Company has appointed Kalpana Morparia as an Independent Director o...

Read more

10 May 2024 15:12

News

Board of Great Eastern Shipping Company recommends interim dividend

Great Eastern Shipping Company announced that the Board of Directors of the Company at its...

Read more

10 May 2024 16:16

Product Composition by Percentage (Revenue)

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FAQs for PE of Great Eastern Shipping Company Ltd

What is Great Eastern Shipping Company Ltd current share price?

The current market price of Great Eastern Shipping Company Ltd as of May 27, 2024 is ₹1003.00.

Is Great Eastern Shipping Company Ltd a good investment?

As per BlinkX Score Great Eastern Shipping Company Ltd scores 18 in Revenue, 85 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 Great Eastern Shipping Company Ltd's total net assets?

According to Great Eastern Shipping Company Ltd's most recent financial filings, the company's net assets total ₹5118.8 Cr.

Is Great Eastern Shipping Company Ltd making a profit or loss?

Great Eastern Shipping Company Ltd's net Profit as of May 27, 2024 is close to ₹2,614 Cr.
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