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COROMANDEL ENGINEERING COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of COROMANDEL ENGINEERING COMPANY is -44.66.

Share Price ₹63.4Apr 15,2024
Market Cap ₹210.4 Cr
Earnings-TTM₹-4.7 CrTTM-Standalone Results
Price/Earnings-44.66xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of COROMANDEL ENGINEERING COMPANY

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 COROMANDEL ENGINEERING COMPANY is calculated as :

Current Market Cap [ ₹210.4 Cr] as on Apr 15,2024

(/) Earnings [ ₹-4.7 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ -44.66x ]

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

Thus, for COROMANDEL ENGINEERING COMPANY , the investors are currently willing to pay -44.66 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 COROMANDEL ENGINEERING COMPANY !

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 COROMANDEL ENGINEERING COMPANY over the last five years.

Historical PE (Price/Earnings) ratio chart of COROMANDEL ENGINEERING COMPANY


PE Ratio Performance Analysis for COROMANDEL ENGINEERING COMPANY

- COROMANDEL ENGINEERING COMPANY 's latest p/e ratio is -44.66x.

- COROMANDEL ENGINEERING COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.00x.

- COROMANDEL ENGINEERING COMPANY '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, COROMANDEL ENGINEERING COMPANY 's p/e ratio peaked in Mar2023 at 0x.

- COROMANDEL ENGINEERING COMPANY 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does COROMANDEL ENGINEERING COMPANY 's P/E Ratio benchmark against top 10 peers in Engineering - Construction Industry?

Peer Comparison (Engineering - Construction Industry)Earnings-TTM (Cr)PE RatioMarket Cap
COROMANDEL ENGINEERING COMPANY -4.71-44.66210.4
LARSEN & TOUBRO LTD15,012.9032.22483,780.0
RAIL VIKAS NIGAM LTD1,375.6439.2053,929.0
GMR AIRPORTS INFRASTRUCTURE LTD-1,531.32-31.7548,619.5
IRB INFRASTRUCTURE DEVELOPERS LTD763.3852.2839,911.8
IRCON INTERNATIONAL LTD865.9823.5920,428.0
KEC INTERNATIONAL LTD267.2067.0017,901.1
KALPATARU PROJECTS INTERNATIONAL LTD487.0040.2419,599.1
NCC LTD693.9821.9415,228.4
GR INFRAPROJECTS LTD1,159.5610.9912,738.3
STERLING AND WILSON RENEWABLE ENERGY LTD-633.33-20.6613,083.8

Engineering - Construction Industry Benchmark (Top 10) PE Analysis vs COROMANDEL ENGINEERING COMPANY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -44.66x
Max industry PE 67.00x
Median industry PE 23.59x
Average industry PE 17.31x



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