DHP INDIA
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The Current P/E Ratio of DHP INDIA is 2.01.
| Share Price | ₹480.9 | Mar 18,2026 |
| Market Cap | ₹144.3 Cr | |
| Earnings-TTM | ₹71.7 Cr | TTM-Standalone Results |
| Price/Earnings | 2.01x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of DHP INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹144.3 Cr] as on Mar 18,2026
(/) Earnings [ ₹71.7 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 2.01x ]
Thus, for DHP INDIA , the investors are currently willing to pay 2.01 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 DHP INDIA !
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 DHP INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of DHP INDIA
PE Ratio Performance Analysis for DHP INDIA
- DHP INDIA 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 6.34x.
- DHP INDIA 's operated at median p/e ratio of 5.9x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DHP INDIA 's p/e ratio peaked in Mar2023 at 11.07x.
- DHP INDIA 's p/e ratio hit its five-year low in Mar2025 of 2.24x.
How does DHP INDIA '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 |
|---|---|---|---|
| DHP INDIA | 71.71 | 2.01 | 144.3 |
| BHARAT HEAVY ELECTRICALS LTD | 760.05 | 119.12 | 90,533.6 |
| THERMAX LTD | 681.12 | 57.32 | 39,039.2 |
| JYOTI CNC AUTOMATION LTD | 354.40 | 49.01 | 17,369.4 |
| TRIVENI TURBINE LTD | 343.10 | 44.06 | 15,115.8 |
| KIRLOSKAR BROTHERS LTD | 380.50 | 32.83 | 12,491.8 |
| ELECON ENGINEERING COMPANY LTD | 478.54 | 18.66 | 8,931.1 |
| PRAJ INDUSTRIES LTD | 52.05 | 108.24 | 5,633.9 |
| KIRLOSKAR OIL ENGINES LTD | 529.06 | 39.52 | 20,909.9 |
| TEGA INDUSTRIES LTD | 195.99 | 65.02 | 12,743.2 |
| SHRIRAM PISTONS & RINGS LTD | 554.24 | 24.20 | 13,412.1 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs DHP INDIA 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 2.01x |
| Max industry PE | 119.12x |
| Median industry PE | 44.06x |
| Average industry PE | 50.91x |
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