considering the next quarter (Q2) remains similar to the current Quarter in terms of the numbers and profitability, the next quarter forward PE would be ~40 (at the current price). On similar assumptions, for the next to next quarter (i.e. Q3 FY 2025) the PE would be ~36.5.
Now the question is what should ideally the PE of such a company be (just trading commodities, low margins etc)?
PS: Also to estimate the above PE ratios I have assumed no growth from the current levels, if growth or margin expansion happens (somehow) then ofc the forward PEs would be lesser accordingly
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