Home > PE Ratio > HERCULES HOISTS

HERCULES HOISTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of HERCULES HOISTS is 14.94.

Share Price ₹509.3Apr 26,2024
Market Cap ₹1,629.6 Cr
Earnings-TTM₹109.1 CrTTM-Consolidated Results
Price/Earnings14.94xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for HERCULES HOISTS
Please provide your vote to see the results
HERCULES HOISTS is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of HERCULES HOISTS

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 HERCULES HOISTS is calculated as :

Current Market Cap [ ₹1,629.6 Cr] as on Apr 26,2024

(/) Earnings [ ₹109.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 14.94x ]

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

Thus, for HERCULES HOISTS , the investors are currently willing to pay 14.94 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 HERCULES HOISTS !

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 HERCULES HOISTS over the last five years.

Historical PE (Price/Earnings) ratio chart of HERCULES HOISTS


PE Ratio Performance Analysis for HERCULES HOISTS

- HERCULES HOISTS 's latest p/e ratio is 14.94x.

- HERCULES HOISTS 's p/e ratio for fiscal years ending Mar2023 to Mar2002 averaged 1.46x.

- HERCULES HOISTS 's operated at median p/e ratio of 0.18x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, HERCULES HOISTS 's p/e ratio peaked in Mar2023 at 5.53x.

- HERCULES HOISTS 's p/e ratio hit its five-year low in Mar2002 of 0x.


How does HERCULES HOISTS '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
HERCULES HOISTS 109.0514.941,629.6
BHARAT ELECTRONICS LTD3,523.8349.56174,631.0
BHARAT HEAVY ELECTRICALS LTD-183.06-530.3297,079.9
THERMAX LTD612.4784.9652,032.6
TRIVENI TURBINE LTD249.2668.3017,023.9
KIRLOSKAR OIL ENGINES LTD370.4139.9414,794.8
ELECON ENGINEERING COMPANY LTD349.1836.2612,661.8
PRAJ INDUSTRIES LTD279.5734.389,611.6
SHRIRAM PISTONS & RINGS LTD413.6022.269,206.0
KIRLOSKAR BROTHERS LTD287.6035.8110,299.7
TEGA INDUSTRIES LTD177.4556.6010,044.2

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs HERCULES HOISTS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -530.32x
Max industry PE 84.96x
Median industry PE 36.26x
Average industry PE -7.94x



You may also like the below Video Courses