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ENGINEERS INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of ENGINEERS INDIA is 26.91.

Share Price ₹204.7Apr 19,2024
Market Cap ₹11,504.1 Cr
Earnings-TTM₹427.4 CrTTM-Consolidated Results
Price/Earnings26.91xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ENGINEERS INDIA

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 ENGINEERS INDIA is calculated as :

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 ]

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

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 latest p/e ratio is 26.91x.

- 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 RatioMarket Cap
ENGINEERS INDIA 427.4426.9111,504.1
RITES LTD494.6131.3315,495.9
MTAR TECHNOLOGIES LTD82.3166.335,459.4
KENNAMETAL INDIA LTD76.3069.185,278.2
INOX GREEN ENERGY SERVICES LTD5.48715.263,919.6
THEJO ENGINEERING LTD55.1555.613,066.8
DIVGI TORQTRANSFER SYSTEMS LTD43.9857.672,536.2
PITTI ENGINEERING LTD74.6734.462,573.0
DEEP INDUSTRIES LTD160.7411.841,903.7
LOKESH MACHINES LTD12.1269.39840.8
PRITIKA AUTO INDUSTRIES LTD16.7226.31439.8

Engineering Industry Benchmark (Top 10) PE Analysis vs ENGINEERS INDIA 's P/E Ratio

Top 10 Industry PeersPE 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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