ARTSON ENGINEERING
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The Current P/E Ratio of ARTSON ENGINEERING is 113.70.
Share Price | ₹186.5 | May 06,2024 |
Market Cap | ₹688.0 Cr | |
Earnings-TTM | ₹6.1 Cr | TTM-Standalone Results |
Price/Earnings | 113.70x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ARTSON ENGINEERING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹688.0 Cr] as on May 06,2024
(/) Earnings [ ₹6.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 113.70x ]
Thus, for ARTSON ENGINEERING , the investors are currently willing to pay 113.70 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 ARTSON ENGINEERING !
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 ARTSON ENGINEERING over the last five years.
Historical PE (Price/Earnings) ratio chart of ARTSON ENGINEERING
PE Ratio Performance Analysis for ARTSON ENGINEERING
- ARTSON ENGINEERING 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.00x.
- ARTSON ENGINEERING 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ARTSON ENGINEERING 's p/e ratio peaked in Mar2023 at 0x.
- ARTSON ENGINEERING 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does ARTSON ENGINEERING 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ARTSON ENGINEERING | 6.05 | 113.70 | 688.0 |
BHARAT ELECTRONICS LTD | 3,523.83 | 48.06 | 169,368.0 |
BHARAT HEAVY ELECTRICALS LTD | -183.06 | -544.58 | 99,691.5 |
THERMAX LTD | 612.47 | 91.29 | 55,913.5 |
TRIVENI TURBINE LTD | 249.26 | 73.91 | 18,422.6 |
KIRLOSKAR OIL ENGINES LTD | 370.41 | 40.48 | 14,992.7 |
ELECON ENGINEERING COMPANY LTD | 349.18 | 34.24 | 11,955.5 |
PRAJ INDUSTRIES LTD | 279.57 | 35.04 | 9,796.3 |
SHRIRAM PISTONS & RINGS LTD | 413.60 | 21.16 | 8,749.8 |
KIRLOSKAR BROTHERS LTD | 287.60 | 38.18 | 10,981.1 |
TEGA INDUSTRIES LTD | 177.45 | 58.54 | 10,388.5 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs ARTSON ENGINEERING 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -544.58x |
Max industry PE | 113.70x |
Median industry PE | 40.48x |
Average industry PE | 0.91x |
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