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DHP INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of DHP INDIA is 8.45.

Share Price ₹731.6Apr 25,2024
Market Cap ₹219.5 Cr
Earnings-TTM₹26.0 CrTTM-Standalone Results
Price/Earnings8.45xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of DHP INDIA

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 DHP INDIA is calculated as :

Current Market Cap [ ₹219.5 Cr] as on Apr 25,2024

(/) Earnings [ ₹26.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 8.45x ]

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

Thus, for DHP INDIA , the investors are currently willing to pay 8.45 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 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 latest p/e ratio is 8.45x.

- DHP INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 11.56x.

- DHP INDIA 's operated at median p/e ratio of 11.07x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DHP INDIA 's p/e ratio peaked in Mar2020 at 23.23x.

- DHP INDIA 's p/e ratio hit its five-year low in Mar2021 of 4.81x.


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 RatioMarket Cap
DHP INDIA 25.978.45219.5
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 DHP INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -516.62x
Max industry PE 83.77x
Median industry PE 36.73x
Average industry PE -7.60x



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