ADOR WELDING
|
The Current P/E Ratio of ADOR WELDING is 29.81.
| Share Price | ₹1,470.0 | Apr 24,2024 |
| Market Cap | ₹1,999.1 Cr | |
| Earnings-TTM | ₹67.1 Cr | TTM-Standalone Results |
| Price/Earnings | 29.81x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of ADOR WELDING
Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,999.1 Cr] as on Apr 24,2024
(/) Earnings [ ₹67.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 29.81x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for ADOR WELDING , the investors are currently willing to pay 29.81 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 ADOR WELDING !
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 ADOR WELDING over the last five years.
Thus, for ADOR WELDING , the investors are currently willing to pay 29.81 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 ADOR WELDING !
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 ADOR WELDING over the last five years.
Historical PE (Price/Earnings) ratio chart of ADOR WELDING
PE Ratio Performance Analysis for ADOR WELDING
- ADOR WELDING 's latest p/e ratio is 29.81x.
- ADOR WELDING 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 13.83x.
- ADOR WELDING 's operated at median p/e ratio of 18.69x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ADOR WELDING 's p/e ratio peaked in Mar2023 at 21.02x.
- ADOR WELDING 's p/e ratio hit its five-year low in Mar2021 of 0x.
- ADOR WELDING 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 13.83x.
- ADOR WELDING 's operated at median p/e ratio of 18.69x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ADOR WELDING 's p/e ratio peaked in Mar2023 at 21.02x.
- ADOR WELDING 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does ADOR WELDING 's P/E Ratio benchmark against top 10 peers in Electrodes & Welding Equipment Industry?
| Peer Comparison (Electrodes & Welding Equipment Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| ADOR WELDING | 67.07 | 29.81 | 1,999.1 |
| GRAPHITE INDIA LTD | 818.00 | 16.19 | 13,244.5 |
| ESAB INDIA LTD | 160.60 | 49.34 | 7,923.4 |
| HEG LTD | 284.34 | 32.93 | 9,363.5 |
| DE NORA INDIA LTD | 25.67 | 39.10 | 1,003.5 |
| ADOR FONTECH LTD | 22.07 | 22.33 | 492.8 |
| GEE LTD | 9.64 | 35.40 | 341.2 |
| PANASONIC CARBON INDIA COMPANY LTD | 16.00 | 15.51 | 248.1 |
Electrodes & Welding Equipment Industry Benchmark (Top 10) PE Analysis vs ADOR WELDING 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 15.51x |
| Max industry PE | 49.34x |
| Median industry PE | 32.93x |
| Average industry PE | 30.08x |
You may also like the below Video Courses
