AZAD ENGINEERING
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The Current P/E Ratio of AZAD ENGINEERING is 92.87.
| Share Price | ₹1,920.1 | May 18,2026 |
| Market Cap | ₹12,403.8 Cr | |
| Earnings-TTM | ₹133.6 Cr | TTM-Consolidated Results |
| Price/Earnings | 92.87x | 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 [ ₹12,403.8 Cr] as on May 18,2026
(/) Earnings [ ₹133.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 92.87x ]
Thus, for AZAD ENGINEERING , the investors are currently willing to pay 92.87 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 | 92.87 | 12,403.8 |
| BHARAT HEAVY ELECTRICALS LTD | 1,539.21 | 89.39 | 137,594.0 |
| THERMAX LTD | 720.67 | 72.61 | 52,326.3 |
| JYOTI CNC AUTOMATION LTD | 354.40 | 43.77 | 15,511.4 |
| TRIVENI TURBINE LTD | 343.10 | 55.17 | 18,927.5 |
| KIRLOSKAR BROTHERS LTD | 361.20 | 35.87 | 12,956.4 |
| ELECON ENGINEERING COMPANY LTD | 340.54 | 31.85 | 10,847.5 |
| PRAJ INDUSTRIES LTD | 52.05 | 128.98 | 6,713.8 |
| KIRLOSKAR OIL ENGINES LTD | 557.72 | 44.29 | 24,701.5 |
| TEGA INDUSTRIES LTD | 195.99 | 59.76 | 11,712.4 |
| SHRIRAM PISTONS & RINGS LTD | 561.80 | 26.36 | 14,806.7 |
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 | 26.36x |
| Max industry PE | 128.98x |
| Median industry PE | 55.17x |
| Average industry PE | 61.90x |
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