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DUNCAN ENGINEERING
PE (Price/Earnings) Ratio

The Current P/E Ratio of DUNCAN ENGINEERING is 28.73.

Share Price ₹353.7Aug 12,2026
Market Cap ₹130.9 Cr
Earnings-TTM₹4.6 CrTTM-Standalone Results
Price/Earnings28.73xCalculated 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 [ ₹130.9 Cr] as on Aug 12,2026

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

(=) P/E Ratio [ 28.73x ]

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 28.73 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 28.73x.

- DUNCAN ENGINEERING 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 20.75x.

- DUNCAN ENGINEERING 's operated at median p/e ratio of 22.99x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DUNCAN ENGINEERING 's p/e ratio peaked in Mar2026 at 27.99x.

- DUNCAN ENGINEERING 's p/e ratio hit its five-year low in Mar2023 of 13.14x.


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 4.5528.73130.9
BHARAT HEAVY ELECTRICALS LTD2,373.6361.61146,247.0
THERMAX LTD590.8382.4048,683.1
KIRLOSKAR OIL ENGINES LTD534.6055.9129,889.8
TRIVENI TURBINE LTD337.3055.2918,650.9
JYOTI CNC AUTOMATION LTD321.7257.8718,618.0
INOX INDIA LTD254.8468.0917,352.6
AZAD ENGINEERING LTD139.29114.9016,004.3
TEGA INDUSTRIES LTD136.5889.4812,221.0
ELECON ENGINEERING COMPANY LTD236.0641.949,900.5
KRN HEAT EXCHANGER AND REFRIGERATION LTD76.47114.048,720.4

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

Top 10 Industry PeersPE Ratio
Min industry PE 28.73x
Max industry PE 114.90x
Median industry PE 61.61x
Average industry PE 70.02x



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