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DUNCAN ENGINEERING
PE (Price/Earnings) Ratio

The Current P/E Ratio of DUNCAN ENGINEERING is 34.61.

Share Price ₹430.1Nov 25,2025
Market Cap ₹159.1 Cr
Earnings-TTM₹4.6 CrTTM-Standalone Results
Price/Earnings34.61xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of DUNCAN ENGINEERING

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 DUNCAN ENGINEERING is calculated as :

Current Market Cap [ ₹159.1 Cr] as on Nov 25,2025

(/) Earnings [ ₹4.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 34.61x ]

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

Thus, for DUNCAN ENGINEERING , the investors are currently willing to pay 34.61 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 DUNCAN ENGINEERING !

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 DUNCAN ENGINEERING over the last five years.

Historical PE (Price/Earnings) ratio chart of DUNCAN ENGINEERING


PE Ratio Performance Analysis for DUNCAN ENGINEERING

- DUNCAN ENGINEERING 's latest p/e ratio is 34.61x.

- DUNCAN ENGINEERING 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 16.21x.

- DUNCAN ENGINEERING 's operated at median p/e ratio of 13.44x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DUNCAN ENGINEERING 's p/e ratio peaked in Mar2025 at 26.17x.

- DUNCAN ENGINEERING 's p/e ratio hit its five-year low in Mar2021 of 5.32x.


How does DUNCAN ENGINEERING '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
DUNCAN ENGINEERING 4.6034.61159.1
BHARAT HEAVY ELECTRICALS LTD502.33196.0798,490.2
THERMAX LTD590.2358.1634,328.9
JYOTI CNC AUTOMATION LTD346.1368.3423,653.1
TRIVENI TURBINE LTD343.0049.8717,103.9
KIRLOSKAR BROTHERS LTD375.2035.5413,336.3
ELECON ENGINEERING COMPANY LTD513.0721.7811,175.1
PRAJ INDUSTRIES LTD105.5456.205,931.7
KIRLOSKAR OIL ENGINES LTD487.8234.4216,789.4
TEGA INDUSTRIES LTD230.7754.4212,558.2
SHRIRAM PISTONS & RINGS LTD549.5220.8111,438.2

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs DUNCAN ENGINEERING 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 20.81x
Max industry PE 196.07x
Median industry PE 49.87x
Average industry PE 57.29x



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