AHLADA ENGINEERS
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The Current P/E Ratio of AHLADA ENGINEERS is 15.49.
Share Price | ₹122.8 | May 03,2024 |
Market Cap | ₹158.4 Cr | |
Earnings-TTM | ₹10.2 Cr | TTM-Standalone Results |
Price/Earnings | 15.49x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of AHLADA ENGINEERS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
AHLADA ENGINEERS | 10.23 | 15.49 | 158.4 |
RITES LTD | 494.61 | 33.67 | 16,652.9 |
ENGINEERS INDIA LTD | 427.44 | 31.84 | 13,609.9 |
MTAR TECHNOLOGIES LTD | 82.31 | 69.94 | 5,756.7 |
KENNAMETAL INDIA LTD | 76.30 | 71.16 | 5,429.7 |
INOX GREEN ENERGY SERVICES LTD | 28.64 | 144.50 | 4,138.4 |
THEJO ENGINEERING LTD | 55.15 | 59.41 | 3,276.2 |
DIVGI TORQTRANSFER SYSTEMS LTD | 43.98 | 57.93 | 2,547.9 |
PITTI ENGINEERING LTD | 74.67 | 37.35 | 2,789.3 |
DEEP INDUSTRIES LTD | 160.74 | 10.97 | 1,762.9 |
LOKESH MACHINES LTD | 12.12 | 68.78 | 833.4 |
Engineering Industry Benchmark (Top 10) PE Analysis vs AHLADA ENGINEERS 's P/E Ratio
Top 10 Industry Peers | PE 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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