AZAD ENGINEERING  
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The Current P/E Ratio of AZAD ENGINEERING  is 96.73.
                
| Share Price | ₹1,655.7 | Nov 03,2025 | 
| Market Cap | ₹10,695.5 Cr | |
| Earnings-TTM | ₹110.6 Cr | TTM-Consolidated Results | 
| Price/Earnings | 96.73x | 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 [ ₹10,695.5 Cr] as on Nov 03,2025                     
                    (/) Earnings [ ₹110.6 Cr] based on TTM-Consolidated Results
                                    
                
                (=) P/E Ratio [ 96.73x ]
            
Thus, for AZAD ENGINEERING , the investors are currently willing to pay 96.73 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 | 110.57 | 96.73 | 10,695.5 | 
| BHARAT HEAVY ELECTRICALS LTD | 502.33 | 183.69 | 92,274.7 | 
| THERMAX LTD | 668.73 | 57.11 | 38,190.2 | 
| JYOTI CNC AUTOMATION LTD | 336.51 | 59.34 | 19,968.9 | 
| TRIVENI TURBINE LTD | 342.60 | 50.09 | 17,160.8 | 
| KIRLOSKAR BROTHERS LTD | 375.20 | 40.01 | 15,012.3 | 
| ELECON ENGINEERING COMPANY LTD | 513.07 | 24.39 | 12,515.9 | 
| PRAJ INDUSTRIES LTD | 140.09 | 44.63 | 6,252.4 | 
| KIRLOSKAR OIL ENGINES LTD | 453.51 | 32.68 | 14,821.6 | 
| TEGA INDUSTRIES LTD | 194.08 | 66.96 | 12,995.7 | 
| SHRIRAM PISTONS & RINGS LTD | 533.30 | 22.08 | 11,775.0 | 
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 | 22.08x | 
| Max industry PE | 183.69x | 
| Median industry PE | 50.09x | 
| Average industry PE | 61.61x | 
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