ENGINEERS INDIA
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The Current P/E Ratio of ENGINEERS INDIA is 26.91.
Share Price | ₹204.7 | Apr 19,2024 |
Market Cap | ₹11,504.1 Cr | |
Earnings-TTM | ₹427.4 Cr | TTM-Consolidated Results |
Price/Earnings | 26.91x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ENGINEERS INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹11,504.1 Cr] as on Apr 19,2024
(/) Earnings [ ₹427.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 26.91x ]
Thus, for ENGINEERS INDIA , the investors are currently willing to pay 26.91 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 ENGINEERS 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 ENGINEERS INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of ENGINEERS INDIA
PE Ratio Performance Analysis for ENGINEERS INDIA
- ENGINEERS INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 16.86x.
- ENGINEERS INDIA 's operated at median p/e ratio of 17.4x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ENGINEERS INDIA 's p/e ratio peaked in Mar2022 at 25.78x.
- ENGINEERS INDIA 's p/e ratio hit its five-year low in Mar2020 of 8.95x.
How does ENGINEERS INDIA 's P/E Ratio benchmark against top 10 peers in Engineering Industry?
Peer Comparison (Engineering Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ENGINEERS INDIA | 427.44 | 26.91 | 11,504.1 |
RITES LTD | 494.61 | 31.33 | 15,495.9 |
MTAR TECHNOLOGIES LTD | 82.31 | 66.33 | 5,459.4 |
KENNAMETAL INDIA LTD | 76.30 | 69.18 | 5,278.2 |
INOX GREEN ENERGY SERVICES LTD | 5.48 | 715.26 | 3,919.6 |
THEJO ENGINEERING LTD | 55.15 | 55.61 | 3,066.8 |
DIVGI TORQTRANSFER SYSTEMS LTD | 43.98 | 57.67 | 2,536.2 |
PITTI ENGINEERING LTD | 74.67 | 34.46 | 2,573.0 |
DEEP INDUSTRIES LTD | 160.74 | 11.84 | 1,903.7 |
LOKESH MACHINES LTD | 12.12 | 69.39 | 840.8 |
PRITIKA AUTO INDUSTRIES LTD | 16.72 | 26.31 | 439.8 |
Engineering Industry Benchmark (Top 10) PE Analysis vs ENGINEERS INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 11.84x |
Max industry PE | 715.26x |
Median industry PE | 55.61x |
Average industry PE | 105.84x |
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