AZAD ENGINEERING
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The Current P/E Ratio of AZAD ENGINEERING is 120.72.
Share Price | ₹1,617.2 | Jun 23,2025 |
Market Cap | ₹10,446.8 Cr | |
Earnings-TTM | ₹86.5 Cr | TTM-Consolidated Results |
Price/Earnings | 120.72x | Calculated as Market Cap/Earnings |
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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 [ ₹10,446.8 Cr] as on Jun 23,2025
(/) Earnings [ ₹86.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 120.72x ]
Thus, for AZAD ENGINEERING , the investors are currently willing to pay 120.72 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 Mar2024 to Mar2021 averaged 34.43x.
- AZAD ENGINEERING 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 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 | 86.53 | 120.72 | 10,446.8 |
BHARAT HEAVY ELECTRICALS LTD | 474.89 | 186.17 | 88,409.6 |
THERMAX LTD | 626.94 | 66.02 | 41,390.1 |
JYOTI CNC AUTOMATION LTD | 316.01 | 81.74 | 25,830.7 |
TRIVENI TURBINE LTD | 358.50 | 53.02 | 19,005.9 |
KIRLOSKAR BROTHERS LTD | 403.30 | 37.87 | 15,271.9 |
ELECON ENGINEERING COMPANY LTD | 406.97 | 35.18 | 14,316.7 |
PRAJ INDUSTRIES LTD | 218.93 | 41.20 | 9,019.7 |
KIRLOSKAR OIL ENGINES LTD | 475.09 | 25.86 | 12,287.8 |
TEGA INDUSTRIES LTD | 195.65 | 50.27 | 9,834.9 |
SHRIRAM PISTONS & RINGS LTD | 515.56 | 19.90 | 10,259.4 |
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 | 19.90x |
Max industry PE | 186.17x |
Median industry PE | 50.27x |
Average industry PE | 65.27x |
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