AZAD ENGINEERING
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The Current P/E Ratio of AZAD ENGINEERING is 113.51.
| Share Price | ₹2,347.0 | Jul 23,2026 |
| Market Cap | ₹15,161.3 Cr | |
| Earnings-TTM | ₹133.6 Cr | TTM-Consolidated Results |
| Price/Earnings | 113.51x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of AZAD ENGINEERING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹15,161.3 Cr] as on Jul 23,2026
(/) Earnings [ ₹133.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 113.51x ]
Thus, for AZAD ENGINEERING , the investors are currently willing to pay 113.51 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 AZAD 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 AZAD ENGINEERING over the last five years.
Historical PE (Price/Earnings) ratio chart of AZAD ENGINEERING
PE Ratio Performance Analysis for AZAD ENGINEERING
- AZAD ENGINEERING 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 47.67x.
- AZAD 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, AZAD ENGINEERING 's p/e ratio peaked in Mar2024 at 137.71x.
- AZAD ENGINEERING 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does AZAD 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 |
|---|---|---|---|
| AZAD ENGINEERING | 133.56 | 113.51 | 15,161.3 |
| BHARAT HEAVY ELECTRICALS LTD | 2,373.63 | 60.12 | 142,712.0 |
| THERMAX LTD | 720.67 | 75.76 | 54,594.4 |
| KIRLOSKAR OIL ENGINES LTD | 557.72 | 56.95 | 31,764.8 |
| TRIVENI TURBINE LTD | 350.70 | 55.27 | 19,383.7 |
| JYOTI CNC AUTOMATION LTD | 336.00 | 53.35 | 17,926.6 |
| INOX INDIA LTD | 257.89 | 70.76 | 18,248.5 |
| TEGA INDUSTRIES LTD | 136.58 | 85.54 | 11,682.7 |
| ELECON ENGINEERING COMPANY LTD | 236.06 | 41.14 | 9,710.9 |
| KRN HEAT EXCHANGER AND REFRIGERATION LTD | 76.47 | 105.01 | 8,029.5 |
| PRAJ INDUSTRIES LTD | 23.85 | 248.72 | 5,930.7 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs AZAD ENGINEERING 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 41.14x |
| Max industry PE | 248.72x |
| Median industry PE | 70.76x |
| Average industry PE | 87.83x |
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