ELIN ELECTRONICS
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The Current P/E Ratio of ELIN ELECTRONICS is 66.21.
Share Price | ₹159.0 | May 16,2024 |
Market Cap | ₹790.2 Cr | |
Earnings-TTM | ₹11.9 Cr | TTM-Consolidated Results |
Price/Earnings | 66.21x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ELIN ELECTRONICS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹790.2 Cr] as on May 16,2024
(/) Earnings [ ₹11.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 66.21x ]
Thus, for ELIN ELECTRONICS , the investors are currently willing to pay 66.21 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 ELIN ELECTRONICS !
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 ELIN ELECTRONICS over the last five years.
Historical PE (Price/Earnings) ratio chart of ELIN ELECTRONICS
PE Ratio Performance Analysis for ELIN ELECTRONICS
- ELIN ELECTRONICS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.32x.
- ELIN ELECTRONICS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ELIN ELECTRONICS 's p/e ratio peaked in Mar2023 at 21.59x.
- ELIN ELECTRONICS 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does ELIN ELECTRONICS '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 |
---|---|---|---|
ELIN ELECTRONICS | 11.94 | 66.21 | 790.2 |
BHARAT ELECTRONICS LTD | 3,523.83 | 49.35 | 173,900.0 |
BHARAT HEAVY ELECTRICALS LTD | -183.06 | -560.18 | 102,547.0 |
THERMAX LTD | 644.01 | 91.48 | 58,914.4 |
TRIVENI TURBINE LTD | 249.26 | 77.16 | 19,233.1 |
KIRLOSKAR OIL ENGINES LTD | 438.37 | 39.80 | 17,449.0 |
ELECON ENGINEERING COMPANY LTD | 349.18 | 36.80 | 12,848.6 |
PRAJ INDUSTRIES LTD | 279.57 | 33.87 | 9,468.2 |
SHRIRAM PISTONS & RINGS LTD | 438.68 | 19.77 | 8,673.0 |
KIRLOSKAR BROTHERS LTD | 339.60 | 43.53 | 14,784.0 |
TEGA INDUSTRIES LTD | 177.45 | 57.24 | 10,157.6 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs ELIN ELECTRONICS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -560.18x |
Max industry PE | 91.48x |
Median industry PE | 43.53x |
Average industry PE | -4.09x |
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