Parle Industries Stock Price Analysis and Quick Research Report. Is Parle Industries an attractive stock to invest in?
Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.
Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements.
Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Parle Industries.
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PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Parle Industries has a PE ratio of 149.122807017544 which is high and comparatively overvalued.
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Return on Assets (ROA): Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Parle Industries has ROA of 0.1359% which is a bad sign for future performance. (Higher values are always desirable.)
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Current ratio: The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Parle Industries has a Current ratio of 199.7639.
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Return on equity: ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Parle Industries has a ROE of 0.1423%. (Higher is better)
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Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Parle Industries has a Debt to Equity ratio of 0.049 which means that the company has low proportion of debt in its capital.
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Sales growth: Parle Industries has reported revenue growth of -100% which is poor in relation to its growth and performance.
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Operating Margin: This will tell you about the operational efficiency of the company. The operating margin of Parle Industries for the current financial year is 0%.
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Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Parle Industries is Rs 0 and the yield is 0%.
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Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Parle Industries is Rs 0.0684. The higher the EPS, the better it is for investors.
One can find all the Financial Ratios of Parle Industries in Ticker for free. Also, one can get the intrinsic value of Parle Industries by using Valuation Calculators, which are available with a Finology ONE subscription.
Parle Industries FAQs
Q1. What is Parle Industries share price today?
Ans: The current share price of Parle Industries is Rs 10.2.
Q2. What is the market capitalisation of Parle Industries?
Ans: Parle Industries has a market capitalisation of Rs 49.827 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of Parle Industries?
Ans: The PE ratio of Parle Industries is 149.122807017544 and the P/B ratio of Parle Industries is 0.342063784835172, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of Parle Industries share?
Ans: The 52-week high share price of Parle Industries is Rs 29.88, and the 52-week low share price of Parle Industries is Rs 9.31.
Q5. Does Parle Industries pay dividends?
Ans: Currently, Parle Industries does not pay dividends. Dividend yield of Parle Industries is around 0%.
Q6. What are the face value and book value of Parle Industries shares?
Ans: The face value of Parle Industries shares is Rs 10, while the book value per share of Parle Industries is around Rs 29.819. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What is the debt of Parle Industries?
Ans: Parle Industries has a total debt of Rs 1 Cr., which affects investor sentiment and financial stability.
Q8. What are the ROE and ROCE of Parle Industries?
Ans: The ROE of Parle Industries is 0.1423% and ROCE of Parle Industries is 0.4918%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.
Q9. Is Parle Industries a good buy for the long term?
Ans: The Parle Industries long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.
Q10. Is Parle Industries undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Parle Industries appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q11. How to check Parle Industries’s financials?
Ans: You can review Parle Industries’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.