APAR INDUSTRIES
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The Current P/E Ratio of APAR INDUSTRIES is 33.84.
Share Price | ₹7,006.4 | Apr 18,2024 |
Market Cap | ₹28,165.7 Cr | |
Earnings-TTM | ₹832.3 Cr | TTM-Consolidated Results |
Price/Earnings | 33.84x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of APAR INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹28,165.7 Cr] as on Apr 18,2024
(/) Earnings [ ₹832.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 33.84x ]
Thus, for APAR INDUSTRIES , the investors are currently willing to pay 33.84 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 APAR INDUSTRIES !
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 APAR INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of APAR INDUSTRIES
PE Ratio Performance Analysis for APAR INDUSTRIES
- APAR INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 12.63x.
- APAR INDUSTRIES 's operated at median p/e ratio of 11.31x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, APAR INDUSTRIES 's p/e ratio peaked in Mar2019 at 18.96x.
- APAR INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 8.15x.
How does APAR INDUSTRIES '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 |
---|---|---|---|
APAR INDUSTRIES | 832.25 | 33.84 | 28,165.7 |
SIEMENS LTD | 2,005.00 | 99.16 | 198,806.0 |
ABB INDIA LTD | 1,248.18 | 108.10 | 134,926.0 |
HAVELLS INDIA LTD | 1,182.10 | 79.26 | 93,698.5 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 897.33 | 89.99 | 80,750.1 |
SUZLON ENERGY LTD | 726.22 | 77.13 | 56,016.2 |
HITACHI ENERGY INDIA LTD | 100.93 | 348.28 | 35,151.8 |
GE T&D INDIA LTD | 99.41 | 237.99 | 23,658.7 |
INOX WIND LTD | -209.45 | -84.39 | 17,676.2 |
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 213.59 | 84.66 | 18,082.2 |
VGUARD INDUSTRIES LTD | 234.14 | 63.99 | 14,982.0 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs APAR INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -84.39x |
Max industry PE | 348.28x |
Median industry PE | 84.66x |
Average industry PE | 103.45x |
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