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AHLADA ENGINEERS
PE (Price/Earnings) Ratio

The Current P/E Ratio of AHLADA ENGINEERS is 15.49.

Share Price ₹122.8May 03,2024
Market Cap ₹158.4 Cr
Earnings-TTM₹10.2 CrTTM-Standalone Results
Price/Earnings15.49xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of AHLADA ENGINEERS

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)

Applying the above formula, P/E ratio of AHLADA ENGINEERS is calculated as :

Current Market Cap [ ₹158.4 Cr] as on May 03,2024

(/) Earnings [ ₹10.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 15.49x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for AHLADA ENGINEERS , the investors are currently willing to pay 15.49 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 AHLADA ENGINEERS !

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 AHLADA ENGINEERS over the last five years.

Historical PE (Price/Earnings) ratio chart of AHLADA ENGINEERS


PE Ratio Performance Analysis for AHLADA ENGINEERS

- AHLADA ENGINEERS 's latest p/e ratio is 15.49x.

- AHLADA ENGINEERS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 15.29x.

- AHLADA ENGINEERS 's operated at median p/e ratio of 11.6x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AHLADA ENGINEERS 's p/e ratio peaked in Mar2022 at 25.08x.

- AHLADA ENGINEERS 's p/e ratio hit its five-year low in Mar2020 of 7.65x.


How does AHLADA ENGINEERS 's P/E Ratio benchmark against top 10 peers in Engineering Industry?

Peer Comparison (Engineering Industry)Earnings-TTM (Cr)PE RatioMarket Cap
AHLADA ENGINEERS 10.2315.49158.4
RITES LTD494.6133.6716,652.9
ENGINEERS INDIA LTD427.4431.8413,609.9
MTAR TECHNOLOGIES LTD82.3169.945,756.7
KENNAMETAL INDIA LTD76.3071.165,429.7
INOX GREEN ENERGY SERVICES LTD28.64144.504,138.4
THEJO ENGINEERING LTD55.1559.413,276.2
DIVGI TORQTRANSFER SYSTEMS LTD43.9857.932,547.9
PITTI ENGINEERING LTD74.6737.352,789.3
DEEP INDUSTRIES LTD160.7410.971,762.9
LOKESH MACHINES LTD12.1268.78833.4

Engineering Industry Benchmark (Top 10) PE Analysis vs AHLADA ENGINEERS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 10.97x
Max industry PE 144.50x
Median industry PE 57.93x
Average industry PE 54.64x



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