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EVEREST KANTO CYLINDER
PE (Price/Earnings) Ratio

The Current P/E Ratio of EVEREST KANTO CYLINDER is 14.07.

Share Price ₹151.4Apr 25,2024
Market Cap ₹1,698.7 Cr
Earnings-TTM₹120.7 CrTTM-Consolidated Results
Price/Earnings14.07xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of EVEREST KANTO CYLINDER

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 EVEREST KANTO CYLINDER is calculated as :

Current Market Cap [ ₹1,698.7 Cr] as on Apr 25,2024

(/) Earnings [ ₹120.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 14.07x ]

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

Thus, for EVEREST KANTO CYLINDER , the investors are currently willing to pay 14.07 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 EVEREST KANTO CYLINDER !

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 EVEREST KANTO CYLINDER over the last five years.

Historical PE (Price/Earnings) ratio chart of EVEREST KANTO CYLINDER


PE Ratio Performance Analysis for EVEREST KANTO CYLINDER

- EVEREST KANTO CYLINDER 's latest p/e ratio is 14.07x.

- EVEREST KANTO CYLINDER 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 15.70x.

- EVEREST KANTO CYLINDER 's operated at median p/e ratio of 9.76x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, EVEREST KANTO CYLINDER 's p/e ratio peaked in Mar2020 at 40.79x.

- EVEREST KANTO CYLINDER 's p/e ratio hit its five-year low in Mar2019 of 5.17x.


How does EVEREST KANTO CYLINDER '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
EVEREST KANTO CYLINDER 120.7414.071,698.7
BHARAT ELECTRONICS LTD3,523.8349.31173,753.0
BHARAT HEAVY ELECTRICALS LTD-183.06-516.6294,572.8
THERMAX LTD612.4783.7751,308.1
TRIVENI TURBINE LTD249.2667.7316,882.4
KIRLOSKAR OIL ENGINES LTD370.4137.3313,827.7
ELECON ENGINEERING COMPANY LTD349.1836.6912,811.0
PRAJ INDUSTRIES LTD279.5734.059,518.8
SHRIRAM PISTONS & RINGS LTD413.6021.899,052.0
KIRLOSKAR BROTHERS LTD287.6036.7310,563.4
TEGA INDUSTRIES LTD177.4557.0410,121.0

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs EVEREST KANTO CYLINDER 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -516.62x
Max industry PE 83.77x
Median industry PE 36.73x
Average industry PE -7.09x



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