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HAVELLS INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of HAVELLS INDIA is 86.91.

Share Price ₹1,639.4Apr 26,2024
Market Cap ₹102,738.1 Cr
Earnings-TTM₹1,182.1 CrTTM-Consolidated Results
Price/Earnings86.91xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HAVELLS 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 HAVELLS INDIA is calculated as :

Current Market Cap [ ₹102,738.1 Cr] as on Apr 26,2024

(/) Earnings [ ₹1,182.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 86.91x ]

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

Thus, for HAVELLS INDIA , the investors are currently willing to pay 86.91 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 HAVELLS 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 HAVELLS INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of HAVELLS INDIA


PE Ratio Performance Analysis for HAVELLS INDIA

- HAVELLS INDIA 's latest p/e ratio is 86.91x.

- HAVELLS INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 58.97x.

- HAVELLS INDIA 's operated at median p/e ratio of 61.23x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HAVELLS INDIA 's p/e ratio peaked in Mar2023 at 69.47x.

- HAVELLS INDIA 's p/e ratio hit its five-year low in Mar2020 of 40.84x.


How does HAVELLS INDIA 's P/E Ratio benchmark against top 10 peers in Electric Equipment Industry?

Peer Comparison (Electric Equipment Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HAVELLS INDIA 1,182.1086.91102,738.1
SIEMENS LTD2,005.00102.08204,675.0
ABB INDIA LTD1,248.18108.81135,813.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD897.3394.9385,187.0
SUZLON ENERGY LTD726.2278.0556,683.2
HITACHI ENERGY INDIA LTD100.93374.5637,804.0
APAR INDUSTRIES LTD832.2536.7230,560.1
GE T&D INDIA LTD99.41280.5427,888.6
INOX WIND LTD-209.45-99.5920,859.1
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD213.5984.8718,126.5
VGUARD INDUSTRIES LTD234.1463.5614,882.1

Electric Equipment Industry Benchmark (Top 10) PE Analysis vs HAVELLS INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -99.59x
Max industry PE 374.56x
Median industry PE 86.91x
Average industry PE 110.13x



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