DEEP INDUSTRIES
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The Current P/E Ratio of DEEP INDUSTRIES is 11.74.
Share Price | ₹294.8 | Apr 23,2024 |
Market Cap | ₹1,886.7 Cr | |
Earnings-TTM | ₹160.7 Cr | TTM-Consolidated Results |
Price/Earnings | 11.74x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of DEEP INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,886.7 Cr] as on Apr 23,2024
(/) Earnings [ ₹160.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 11.74x ]
Thus, for DEEP INDUSTRIES , the investors are currently willing to pay 11.74 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 DEEP INDUSTRIES !
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 DEEP INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of DEEP INDUSTRIES
PE Ratio Performance Analysis for DEEP INDUSTRIES
- DEEP INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.38x.
- DEEP INDUSTRIES '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, DEEP INDUSTRIES 's p/e ratio peaked in Mar2023 at 6.83x.
- DEEP INDUSTRIES 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does DEEP INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Engineering Industry?
Peer Comparison (Engineering Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
DEEP INDUSTRIES | 160.74 | 11.74 | 1,886.7 |
RITES LTD | 494.61 | 32.57 | 16,108.6 |
ENGINEERS INDIA LTD | 427.44 | 27.33 | 11,682.0 |
MTAR TECHNOLOGIES LTD | 82.31 | 69.75 | 5,741.4 |
KENNAMETAL INDIA LTD | 76.30 | 71.57 | 5,460.7 |
INOX GREEN ENERGY SERVICES LTD | 5.48 | 788.13 | 4,318.9 |
THEJO ENGINEERING LTD | 55.15 | 58.78 | 3,241.7 |
DIVGI TORQTRANSFER SYSTEMS LTD | 43.98 | 57.59 | 2,532.9 |
PITTI ENGINEERING LTD | 74.67 | 35.13 | 2,623.0 |
LOKESH MACHINES LTD | 12.12 | 66.37 | 804.2 |
PRITIKA AUTO INDUSTRIES LTD | 16.72 | 27.36 | 457.3 |
Engineering Industry Benchmark (Top 10) PE Analysis vs DEEP INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 11.74x |
Max industry PE | 788.13x |
Median industry PE | 57.59x |
Average industry PE | 113.30x |
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