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GUJARAT APOLLO INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of GUJARAT APOLLO INDUSTRIES is 16.34.

Share Price ₹239.3Mar 18,2024
Market Cap ₹282.3 Cr
Earnings-TTM₹17.3 CrTTM-Consolidated Results
Price/Earnings16.34xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GUJARAT APOLLO INDUSTRIES

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 GUJARAT APOLLO INDUSTRIES is calculated as :

Current Market Cap [ ₹282.3 Cr] as on Mar 18,2024

(/) Earnings [ ₹17.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 16.34x ]

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

Thus, for GUJARAT APOLLO INDUSTRIES , the investors are currently willing to pay 16.34 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 GUJARAT APOLLO INDUSTRIES !

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 GUJARAT APOLLO INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of GUJARAT APOLLO INDUSTRIES


PE Ratio Performance Analysis for GUJARAT APOLLO INDUSTRIES

- GUJARAT APOLLO INDUSTRIES 's latest p/e ratio is 16.34x.

- GUJARAT APOLLO INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 13.44x.

- GUJARAT APOLLO INDUSTRIES 's operated at median p/e ratio of 9.68x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GUJARAT APOLLO INDUSTRIES 's p/e ratio peaked in Mar2022 at 26.26x.

- GUJARAT APOLLO INDUSTRIES 's p/e ratio hit its five-year low in Mar2021 of 5.58x.


How does GUJARAT APOLLO INDUSTRIES '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
GUJARAT APOLLO INDUSTRIES 17.2816.34282.3
BHARAT ELECTRONICS LTD3,523.8339.38138,776.0
BHARAT HEAVY ELECTRICALS LTD-183.06-426.4678,067.9
AIA ENGINEERING LTD1,143.4229.9934,290.6
THERMAX LTD612.4772.0844,148.6
TRIVENI TURBINE LTD249.2658.8414,666.8
EUREKA FORBES LTD94.8591.388,667.9
GMM PFAUDLER LTD191.8128.855,533.8
CRAFTSMAN AUTOMATION LTD346.3623.888,269.4
PRAJ INDUSTRIES LTD279.5731.118,697.1
KSB LTD199.3064.8712,928.2

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs GUJARAT APOLLO INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -426.46x
Max industry PE 91.38x
Median industry PE 31.11x
Average industry PE 2.75x



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