You can example of Annapurna Swadisht
Market cap is 652 cr
PAT of FY23 is 7 cr which means a PE of 93 on FY23 basis
But if you look at H1FY24 results than PAT is 7 cr. If you consider that in H2fy24 also company posts a PAT of 7 cr ( I have assumed no growth here for very conservative calculation, you can increase PAT by your understanding, scuttlebutt or management guidance ) than PAT for FY24 comes out to be 14 cr
Hence PE will be 652/14 = 46
If you further can extrapolate for FY25 company is guiding for 50% growth than PAT can be 14*50% =7 cr incremental profit and 14 cr of FY24.
Hence total PAT of 21 cr
FY 25 PE = 31
This is how most of the brokerage firms calculate forward PAT, EPS AND PE
Disc , given eg of Annapurna for illustration basis, no buy sell recommendations by any means
Subscribe To Our Free Newsletter |