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BIRLA PRECISION TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of BIRLA PRECISION TECHNOLOGIES is 44.45.

Share Price ₹68.4Apr 25,2024
Market Cap ₹451.4 Cr
Earnings-TTM₹10.2 CrTTM-Consolidated Results
Price/Earnings44.45xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BIRLA PRECISION TECHNOLOGIES

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of BIRLA PRECISION TECHNOLOGIES is calculated as :

Current Market Cap [ ₹451.4 Cr] as on Apr 25,2024

(/) Earnings [ ₹10.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 44.45x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for BIRLA PRECISION TECHNOLOGIES , the investors are currently willing to pay 44.45 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 BIRLA PRECISION TECHNOLOGIES !

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 BIRLA PRECISION TECHNOLOGIES over the last five years.

Historical PE (Price/Earnings) ratio chart of BIRLA PRECISION TECHNOLOGIES


PE Ratio Performance Analysis for BIRLA PRECISION TECHNOLOGIES

- BIRLA PRECISION TECHNOLOGIES 's latest p/e ratio is 44.45x.

- BIRLA PRECISION TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 19.18x.

- BIRLA PRECISION TECHNOLOGIES 's operated at median p/e ratio of 15.49x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, BIRLA PRECISION TECHNOLOGIES 's p/e ratio peaked in Mar2021 at 46.07x.

- BIRLA PRECISION TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does BIRLA PRECISION TECHNOLOGIES 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BIRLA PRECISION TECHNOLOGIES 10.1644.45451.4
BHARAT ELECTRONICS LTD3,523.8349.31173,753.0
BHARAT HEAVY ELECTRICALS LTD-183.06-516.6294,572.8
THERMAX LTD612.4783.7751,308.1
TRIVENI TURBINE LTD249.2667.7316,882.4
KIRLOSKAR OIL ENGINES LTD370.4137.3313,827.7
ELECON ENGINEERING COMPANY LTD349.1836.6912,811.0
PRAJ INDUSTRIES LTD279.5734.059,518.8
SHRIRAM PISTONS & RINGS LTD413.6021.899,052.0
KIRLOSKAR BROTHERS LTD287.6036.7310,563.4
TEGA INDUSTRIES LTD177.4557.0410,121.0

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs BIRLA PRECISION TECHNOLOGIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -516.62x
Max industry PE 83.77x
Median industry PE 37.33x
Average industry PE -4.33x



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