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ARTEMIS ELECTRICALS AND PROJECTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of ARTEMIS ELECTRICALS AND PROJECTS is 72.31.

Share Price ₹35.1Apr 22,2024
Market Cap ₹881.8 Cr
Earnings-TTM₹12.2 CrTTM-Consolidated Results
Price/Earnings72.31xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ARTEMIS ELECTRICALS AND PROJECTS

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 ARTEMIS ELECTRICALS AND PROJECTS is calculated as :

Current Market Cap [ ₹881.8 Cr] as on Apr 22,2024

(/) Earnings [ ₹12.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 72.31x ]

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

Thus, for ARTEMIS ELECTRICALS AND PROJECTS , the investors are currently willing to pay 72.31 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 ARTEMIS ELECTRICALS AND PROJECTS !

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 ARTEMIS ELECTRICALS AND PROJECTS over the last five years.

Historical PE (Price/Earnings) ratio chart of ARTEMIS ELECTRICALS AND PROJECTS


PE Ratio Performance Analysis for ARTEMIS ELECTRICALS AND PROJECTS

- ARTEMIS ELECTRICALS AND PROJECTS 's latest p/e ratio is 72.31x.

- ARTEMIS ELECTRICALS AND PROJECTS 's p/e ratio for fiscal years ending Mar2023 to Mar2022 averaged 27.70x.

- ARTEMIS ELECTRICALS AND PROJECTS 's operated at median p/e ratio of 55.4x from fiscal years ending March 2018 to 2022.

- Looking back at the last 2 fiscal years, ARTEMIS ELECTRICALS AND PROJECTS 's p/e ratio peaked in Mar2023 at 55.4x.

- ARTEMIS ELECTRICALS AND PROJECTS 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does ARTEMIS ELECTRICALS AND PROJECTS 's P/E Ratio benchmark against top 10 peers in Electric Equipment Industry?

Peer Comparison (Electric Equipment Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ARTEMIS ELECTRICALS AND PROJECTS 12.1972.31881.8
SIEMENS LTD2,005.00101.15202,802.0
ABB INDIA LTD1,248.18107.09133,663.0
HAVELLS INDIA LTD1,182.1082.0596,988.6
CG POWER AND INDUSTRIAL SOLUTIONS LTD897.3390.8281,498.5
SUZLON ENERGY LTD726.2278.3556,901.0
HITACHI ENERGY INDIA LTD100.93338.8934,203.7
APAR INDUSTRIES LTD832.2536.9830,772.5
GE T&D INDIA LTD99.41264.3826,281.9
INOX WIND LTD-209.45-93.2719,535.7
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD213.5981.6617,442.6

Electric Equipment Industry Benchmark (Top 10) PE Analysis vs ARTEMIS ELECTRICALS AND PROJECTS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -93.27x
Max industry PE 338.89x
Median industry PE 82.05x
Average industry PE 105.49x



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