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SRF Ltd P/E Ratio

SRF Ltd P/E Ratio

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SRF Ltd

NSE: SRF

PE

49.3

Last updated : 12 Jun 15:30 pm

Key Highlights

    The P/E Ratio of SRF Ltd is 49.3 as of 12 Jun 15:30 pm .a1#The P/E Ratio of SRF Ltd changed from 21.9 on March 2019 to 57 on March 2024 . This represents a CAGR of 17.28% over 6 years. a1#The Latest Trading Price of SRF Ltd is ₹ 2326 as of 11 Jun 15:30 .a1#The PE Ratio of Chemicals Industry has changed from 18.4 to 26.3 in 5 years. This represents a CAGR of 7.41%a1# The PE Ratio of Automobile industry is 11.3. The PE Ratio of Chemicals industry is 47.2. The PE Ratio of Finance industry is 21.7. The PE Ratio of IT - Software industry is 28.9. The PE Ratio of Retail industry is 142.7. The PE Ratio of Textiles industry is 7.2. In 2024a1#The Market Cap of SRF Ltd changed from ₹ 13818 crore on March 2019 to ₹ 75812 crore on March 2024 . This represents a CAGR of 32.80% over 6 years. a1#The Revenue of SRF Ltd changed from ₹ 3904 crore to ₹ 3593 crore over 8 quarters. This represents a CAGR of -4.07% a1#The EBITDA of SRF Ltd changed from ₹ 1004 crore to ₹ 719.21 crore over 8 quarters. This represents a CAGR of -15.40% a1#The Net Profit of SRF Ltd changed from ₹ 608 crore to ₹ 422.21 crore over 8 quarters. This represents a CAGR of -16.67% a1#The Dividend Payout of SRF Ltd changed from 13.96 % on March 2019 to 15.59 % on March 2024 . This represents a CAGR of 1.86% over 6 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 '1921.9
Mar '2015.9
Mar '2127.2
Mar '2242.2
Mar '2333.1
Mar '2457

Fundamental Metrics

Market Cap

69,806 Cr

EPS

45.1

P/E Ratio (TTM) *

49.3

P/B Ratio (TTM) *

5.7

Day’s High

2379.95

Day’s Low

2322.0

DTE *

0.4

ROE *

11.6

52 Week High

2697.45

52 Week Low

2050.0

ROCE *

12.0

* All values are consolidated

* All values are consolidated

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SRF Ltd

NSE: SRF

PRICE

2326.45

-28.50 (-1.21%)

stock direction

Last updated : 11 Jun 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 SRF Ltd

Strength

2

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for SRF Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value

Market Value

65,837

Asset Value

5,360

11.3 X

Value addition

* All values are in Rupees

PE Ratio Over Market Cap

Key Valuation Metric

Earnings

1,335 Cr

49.3 X

PE Ratio

Market Cap

₹65837Cr

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

1,335 Cr

49.3 X

PE Ratio

Market Cap

₹65837Cr

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 Chemicals Industry over time

PE Ratio of Top Sectors

SRF 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 SRF Ltd, the PE Ratio is calculated as follows:

P/E Ratio

=

Market Capitalization

Net Income

  • Given the current market conditions, SRF Ltd's Share Price stands at 2326.45. The Earnings per Share (Diluted) for the trailing twelve months (TTM) ending in 2024-06-11T00:00:00 is 45.06. Substituting the values into the formula, PE Ratio becomes as follows: PE Ratio = 2326.45/ 45.06= 49.29.

P/E Ratio

=

Stock Price

Earning Per Share

  • This indicates that SRF Ltd's stock is trading at approximately 49.29 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 SRF Ltd’s PE Ratio (BSE: SRF)

    The Price-to-Earnings (PE) ratio, used to assess SRF Ltd's stock (BSE: SRF), 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 '1913819
Mar '2015976
Mar '2132031
Mar '2279395
Mar '2371326
Mar '2475812

* 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 '223905
Sep '223761
Dec '223480
Mar '223800
Jun '233350
Sep '233206
Dec '233072
Mar '233593

* 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 '221005
Sep '22802
Dec '22844
Mar '22954
Jun '23708
Sep '23655
Dec '23585
Mar '23719

* 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 '22608
Sep '22481
Dec '22511
Mar '22562
Jun '23359
Sep '23301
Dec '23253
Mar '23422

* 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 '1914
Mar '209
Mar '2116
Mar '2233
Mar '2311
Mar '2416

* All values are a in %

About SRF Ltd

About SRF Ltd

    SRF Limited is a chemical based multi-business entity engaged in the manufacturing of industrial and specialty intermediates. The Company is a market leader in most of its business segments in India and overseas. The Company has operations in four countries, India, Thailand, South Africa, and Hungary. SRF has commercial interests in more than ninety countries and classifies its businesses as Technical Textiles Business (TTB), Chemicals Business (CB), Packaging Films Business (PFB), and Other Businesses. The principal activities of the Company are manufacturing, purchase and sale of technical textiles, chemicals, packaging films and other polymers. SRF Limited (SRF) was incorporated on 9th January 1970 under the name of Shriram Fibres Ltd. The commencement of Nylon Tyre Cord Fabric Plant at Manali, Chennai was made by the company in the year of 1974, also introduced Fishnet Twines and Nylon Engineering Plastics in the same location during the year 1977 and 1979 respectively. During the year 1983 and 1986, the company commissioned Industrial Fabrics Plant and Coated Fabrics project respectively at Tiruchirapalli. In the identical year of 1986, SRF Finance Ltd was started its operations. In 1989, SRF had commissioned commercial production of fluorochemicals at Bhiwadi. The change in the name was made in the year 1990; the name of the company was changed from Shriram Fibres Limited to the present name SRF Limited. Total Quality Management (TQM) practice was adopted by the company in wide during the year 1993 itself. In the period of 1995, SRF took over the nylon tyre Cord plant of Ceat at Gwalior and also started Chloromethane production at Bhiwadi. The first overseas presence was made in the year 1996 by the way of formed operation plant in Dubai. The company divested SRF Finance Ltd to GE Capital in 1997 and acquired Tyre Cord Fabric conversion facility of Dupont at Gummidipoondi, Chennai during the year 2000. In 2001, SRF became one of the top ten suppliers of nylon tyre cord in the world and also commenced operations of SRF E-Biz, an e- procurement business. The Company's Polyester Films, Fishnet Twines and Engineering Plastics businesses spun off as a separate entity in the year 2002 under the name of SRF Polymers Ltd. Flurochemicals Business of the company at Bhiwadi awarded the prestigious OHSAS 18000 and SA 8000 certification for practicing environment safety in the period of 2003. During the year 2004, SRF had unlocked the Packaging Film Plant at Indore and Pharma Chemicals Business at Bhiwadi. Also in the identical year of 2004, Deming Application Prize awarded to the Industrial Synthetics Business. SRF became one of the top 3 manufacturers of belting fabrics in the world during the year 2005. The Captive Power Project at the company's Chemical Business, Jhiwana, had commissioned and capitalized in April of the year 2006. The project of holographic film plant of the company had commissioned in December of the year 2007 at an investment of approximately Rs. 10 crore. The product from this plant is used for luxury packaging segments. SRF has acquired two foreign companies during 2008, one in Thailand and the other one in South Africa. Thai based Thai Baroda Industries Limited (TBIL) is a tyre cord company and South Africa based Industex Technical Textiles (Pty) Limited is a manufacturer of belting fabrics. In 2012, SRF commissioned chemical complex at Dahej, Gujarat. With a vision of becoming a credible, global player in the Fluorochemicals business space, SRF acquired the Dymel HFC 134a regulated medical pharmaceutical propellant business from DuPont in January 2015. On 1 April 2016, SRF announced that its Board of Directors has approved an investment proposal for setting up of a pilot plant to manufacture next generation refrigerant gas, HFO 1234yf.The breakthrough initiative will make SRF the first technology developer outside US and Europe for manufacture of HFO 1234yf, which is expected to find increasing use in car air-conditioning systems globally in future. The Board of Directors of SRF, in tune with the company's strategic intent of expanding its chemicals business, approved two separate capex proposals aggregating Rs 345 crore at its meeting held on 8 August 2016. One of the proposals pertains to setting up a Multi-Purpose Plant for specialty chemicals at an estimated cost of Rs. 180 crore and the second one for Chloromethane (CMS) plant at an estimated cost of Rs. 165 crore in its Chemical Complex at Dahej in Gujarat. The second project that got approved in the Board, aims to double SRF's capacity for Chloromethanes to 80,000 tonnes per annum. On 2 November 2017, SRF Limited announced that it has reached a definitive agreement to acquire the HFC-125 assets from a global leader in the development, manufacture and supply of fluoroproducts. Under the agreement, SRF will own the HFC-125 assets and the technical know-how on an exclusive basis. The company plans to relocate the assets to India and set up the facility for manufacturing HFC-125 at its Chemical Complex in Dahej, Gujarat. With this acquisition, the company will gain the unique advantage of manufacturing all three major HFCs, namely HFC 134a, 32 and 125, which will be marketed under the company's FLORON brand. As on 31 March 2018, the Company had 5 wholly owned subsidiary companies whereby 1 wholly owned subsidiary company is registered in India and remaining 4 are registered outside India. 2 of these are direct wholly owned subsidiaries and rest 3 are step-down wholly owned subsidiaries. On 9 July 2018, SRF Limited announced the setting up of a second Bi-axially Oriented Polyethylene Terephthalate (BOPET) film line and a Resin plant in Thailand at an investment of approximately US$ 60 million. This new plant will be put up at the company's existing manufacturing location in Rayong, Thailand by its wholly owned subsidiary - SRF Industries (Thailand) Limited and is expected to become operational in close to two years. Once operational, the new line will be capable of producing approximately 40,000 metric tonnes per annum. With this capacity addition, the company will further strengthen its presence in the buoyant South East Asian region and expand its customer base in new geographies. As on 31 March 2019, the company had 6 wholly owned subsidiary companies whereby 1 wholly owned subsidiary company is registered in India and remaining 5 are registered outside India. 2 of these are direct wholly owned subsidiaries and rest 4 are step-down wholly owned subsidiaries. In March 2020, the World Health Organization declared COVID-19 to be a pandemic. Consequent to this, Government of India declared a national lockdown on 25 March 2020, which has impacted the business activities of the Company. During the year ended March 31, 2021 the Company has issued 17,64,705 fully paid up equity shares equivalent to 3.07% of the existing paid up equity capital of the Company to Qualified Institutional Buyers in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, These shares were issued at an issue price of Rs. 4250 per share for an aggregate consideration of Rs. 750 Crore. Pursuant to the approval given by the shareholders through Postal Ballot on 06 October 2021, the Board at its meeting held on 15 October 2021, issued and allotted 236,980,820 fully paid up Bonus Equity shares of Rs. 10 each in the ratio of 4:1 to the shareholders. As on March 31, 2022, Company had 7 wholly owned subsidiary companies out of which 2 wholly owned subsidiary companies are registered in India and remaining 5 are registered outside India. 3 of these are direct wholly owned subsidiaries and rest 4 are stepdown wholly owned subsidiaries. During the year 2022, the Board at its meeting held on October 15, 2021 allotted 23,69,80,820 Bonus Shares to the eligible shareholders of the Company in the proportion of 4 new fully paid-up equity share of Rs. 10/- each for every 1 existing fully paid-up equity share of Rs. 10/- each. During 2023, the Company commissioned Multi-Purpose Production (MPP4) facility, for agrochemical and pharmaceutical intermediates and a Thermal Oxidation facility at Dahej. The Second CMS Plant in Dahej got commissioned into the Fluorochemicals Business. It commissioned the 2nd BOPP Film Line and Metalliser at Indore, India. The Company's Belting Fabrics (BF) segment commissioned Solid Woven plant, further enhancing its product portfolio from 1,100 to 1,800 Metric Tonnes Per Month. Fluorochemicals Business commissioned new plants such as, chloromethanes, calcium chloride and a Captive Power Plant (CPP) in Dahej.

SRF Ltd News Hub

News

SRF to hold AGM

SRF announced that the 53th Annual General Meeting (AGM) of the company will be held on 28...

Read more

06 Jun 202417:39

News

SRF drops as Q4 PAT slides 25% YoY to Rs 422 cr

Profit before tax in Q4 FY24 was at Rs 443.32 crore, down 39.55% from Rs 733.39 crore reco...

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07 May 202417:00

News

SRF to discuss results

SRF will hold a meeting of the Board of Directors of the Company on 7 May 2024. Powered by...

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02 May 202415:37

News

SRF incorporates wholly owned subsidiary in Dubai

The company has incorporated SRF Middle East for trading in refrigerant gases by subscribi...

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13 Mar 202412:49

News

SRF Q3 PAT drops 50% YoY to Rs 253 cr

Profit before tax in Q3 FY24 was at Rs 348.32 crore, down 44.79% year on year. Earnings be...

Read more

31 Jan 202412:13

News

Board of SRF approves NCD issuance up to Rs 1000 cr

The Board of SRF at its meeting held on 30 January 2024 has approved the proposal for rais...

Read more

30 Jan 202419:34

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FAQs for PE of SRF Ltd

What is SRF Ltd current share price?

The current market price of SRF Ltd as of June 12, 2024 is ₹2326.45.

Is SRF Ltd a good investment?

As per BlinkX Score SRF Ltd scores 80 in Revenue, 65 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 SRF Ltd's total net assets?

According to SRF Ltd's most recent financial filings, the company's net assets total ₹5359.7 Cr.

Is SRF Ltd making a profit or loss?

SRF Ltd's net Profit as of June 12, 2024 is close to ₹1,335 Cr.
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