ABB INDIA
|
The Current P/E Ratio of ABB INDIA is 106.80.
Share Price | ₹6,291.2 | Apr 19,2024 |
Market Cap | ₹133,310.5 Cr | |
Earnings-TTM | ₹1,248.2 Cr | TTM-Standalone Results |
Price/Earnings | 106.80x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ABB INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹133,310.5 Cr] as on Apr 19,2024
(/) Earnings [ ₹1,248.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 106.80x ]
Thus, for ABB INDIA , the investors are currently willing to pay 106.80 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of ABB INDIA !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of ABB INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of ABB INDIA
PE Ratio Performance Analysis for ABB INDIA
- ABB INDIA 's p/e ratio for fiscal years ending Dec2023 to Dec2019 averaged 85.04x.
- ABB INDIA 's operated at median p/e ratio of 88.93x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ABB INDIA 's p/e ratio peaked in Dec2020 at 111.46x.
- ABB INDIA 's p/e ratio hit its five-year low in Dec2022 of 55.44x.
How does ABB INDIA 's P/E Ratio benchmark against top 10 peers in Electric Equipment Industry?
Peer Comparison (Electric Equipment Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ABB INDIA | 1,248.18 | 106.80 | 133,310.5 |
SIEMENS LTD | 2,005.00 | 99.26 | 199,009.0 |
HAVELLS INDIA LTD | 1,182.10 | 79.59 | 94,087.1 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 897.33 | 90.59 | 81,292.3 |
SUZLON ENERGY LTD | 726.22 | 73.87 | 53,647.6 |
HITACHI ENERGY INDIA LTD | 100.93 | 346.12 | 34,933.9 |
APAR INDUSTRIES LTD | 832.25 | 34.17 | 28,441.6 |
GE T&D INDIA LTD | 99.41 | 247.73 | 24,626.6 |
INOX WIND LTD | -209.45 | -88.63 | 18,562.8 |
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 213.59 | 80.44 | 17,180.8 |
VGUARD INDUSTRIES LTD | 234.14 | 63.13 | 14,782.2 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs ABB INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -88.63x |
Max industry PE | 346.12x |
Median industry PE | 80.44x |
Average industry PE | 103.01x |
You may also like the below Video Courses