GEE
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The Current P/E Ratio of GEE is 36.86.
| Share Price | ₹136.7 | Apr 22,2024 |
| Market Cap | ₹355.3 Cr | |
| Earnings-TTM | ₹9.6 Cr | TTM-Standalone Results |
| Price/Earnings | 36.86x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of GEE
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)
Current Market Cap [ ₹355.3 Cr] as on Apr 22,2024
(/) Earnings [ ₹9.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 36.86x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for GEE , the investors are currently willing to pay 36.86 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 GEE !
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 GEE over the last five years.
Thus, for GEE , the investors are currently willing to pay 36.86 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 GEE !
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 GEE over the last five years.
Historical PE (Price/Earnings) ratio chart of GEE
PE Ratio Performance Analysis for GEE
- GEE 's latest p/e ratio is 36.86x.
- GEE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 13.94x.
- GEE 's operated at median p/e ratio of 10.94x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GEE 's p/e ratio peaked in Mar2019 at 27.17x.
- GEE 's p/e ratio hit its five-year low in Mar2020 of 5.1x.
- GEE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 13.94x.
- GEE 's operated at median p/e ratio of 10.94x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GEE 's p/e ratio peaked in Mar2019 at 27.17x.
- GEE 's p/e ratio hit its five-year low in Mar2020 of 5.1x.
How does GEE 's P/E Ratio benchmark against top 10 peers in Electrodes & Welding Equipment Industry?
| Peer Comparison (Electrodes & Welding Equipment Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| GEE | 9.64 | 36.86 | 355.3 |
| GRAPHITE INDIA LTD | 818.00 | 16.12 | 13,187.8 |
| ESAB INDIA LTD | 160.60 | 48.09 | 7,722.8 |
| HEG LTD | 284.34 | 33.89 | 9,636.7 |
| ADOR WELDING LTD | 67.07 | 29.63 | 1,987.2 |
| DE NORA INDIA LTD | 25.67 | 36.71 | 942.3 |
| ADOR FONTECH LTD | 22.07 | 22.48 | 496.1 |
| PANASONIC CARBON INDIA COMPANY LTD | 16.00 | 15.48 | 247.6 |
Electrodes & Welding Equipment Industry Benchmark (Top 10) PE Analysis vs GEE 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 15.48x |
| Max industry PE | 48.09x |
| Median industry PE | 33.89x |
| Average industry PE | 29.91x |
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