AZAD ENGINEERING
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The Current P/E Ratio of AZAD ENGINEERING is 112.54.
| Share Price | ₹2,117.9 | May 13,2026 |
| Market Cap | ₹13,681.6 Cr | |
| Earnings-TTM | ₹121.6 Cr | TTM-Consolidated Results |
| Price/Earnings | 112.54x | 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 [ ₹13,681.6 Cr] as on May 13,2026
(/) Earnings [ ₹121.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 112.54x ]
Thus, for AZAD ENGINEERING , the investors are currently willing to pay 112.54 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 | 121.57 | 112.54 | 13,681.6 |
| BHARAT HEAVY ELECTRICALS LTD | 1,539.21 | 91.35 | 140,606.0 |
| THERMAX LTD | 720.67 | 75.14 | 54,150.0 |
| JYOTI CNC AUTOMATION LTD | 354.40 | 46.52 | 16,487.0 |
| TRIVENI TURBINE LTD | 343.10 | 52.28 | 17,938.8 |
| KIRLOSKAR BROTHERS LTD | 361.20 | 34.81 | 12,573.2 |
| ELECON ENGINEERING COMPANY LTD | 340.54 | 33.31 | 11,343.4 |
| PRAJ INDUSTRIES LTD | 52.05 | 133.93 | 6,971.1 |
| KIRLOSKAR OIL ENGINES LTD | 529.06 | 43.96 | 23,256.6 |
| TEGA INDUSTRIES LTD | 195.99 | 60.67 | 11,890.1 |
| SHRIRAM PISTONS & RINGS LTD | 561.80 | 26.76 | 15,032.4 |
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 | 26.76x |
| Max industry PE | 133.93x |
| Median industry PE | 52.28x |
| Average industry PE | 64.66x |
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