EIMCO ELECON (INDIA)
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The Current P/E Ratio of EIMCO ELECON (INDIA) is 32.48.
Share Price | ₹2,158.1 | Apr 25,2024 |
Market Cap | ₹1,251.7 Cr | |
Earnings-TTM | ₹38.5 Cr | TTM-Consolidated Results |
Price/Earnings | 32.48x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of EIMCO ELECON (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,251.7 Cr] as on Apr 25,2024
(/) Earnings [ ₹38.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 32.48x ]
Thus, for EIMCO ELECON (INDIA) , the investors are currently willing to pay 32.48 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 EIMCO ELECON (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 EIMCO ELECON (INDIA) over the last five years.
Historical PE (Price/Earnings) ratio chart of EIMCO ELECON (INDIA)
PE Ratio Performance Analysis for EIMCO ELECON (INDIA)
- EIMCO ELECON (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 13.98x.
- EIMCO ELECON (INDIA) 's operated at median p/e ratio of 11.86x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, EIMCO ELECON (INDIA) 's p/e ratio peaked in Mar2022 at 20.7x.
- EIMCO ELECON (INDIA) 's p/e ratio hit its five-year low in Mar2019 of 9.63x.
How does EIMCO ELECON (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 |
---|---|---|---|
EIMCO ELECON (INDIA) | 38.53 | 32.48 | 1,251.7 |
BHARAT ELECTRONICS LTD | 3,523.83 | 49.31 | 173,753.0 |
BHARAT HEAVY ELECTRICALS LTD | -183.06 | -516.62 | 94,572.8 |
THERMAX LTD | 612.47 | 83.77 | 51,308.1 |
TRIVENI TURBINE LTD | 249.26 | 67.73 | 16,882.4 |
KIRLOSKAR OIL ENGINES LTD | 370.41 | 37.33 | 13,827.7 |
ELECON ENGINEERING COMPANY LTD | 349.18 | 36.69 | 12,811.0 |
PRAJ INDUSTRIES LTD | 279.57 | 34.05 | 9,518.8 |
SHRIRAM PISTONS & RINGS LTD | 413.60 | 21.89 | 9,052.0 |
KIRLOSKAR BROTHERS LTD | 287.60 | 36.73 | 10,563.4 |
TEGA INDUSTRIES LTD | 177.45 | 57.04 | 10,121.0 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs EIMCO ELECON (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -516.62x |
Max industry PE | 83.77x |
Median industry PE | 36.73x |
Average industry PE | -5.42x |
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