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HG INFRA ENGINEERING
PE (Price/Earnings) Ratio

The Current P/E Ratio of HG INFRA ENGINEERING is 13.31.

Share Price ₹1,059.3Apr 16,2024
Market Cap ₹6,906.6 Cr
Earnings-TTM₹518.7 CrTTM-Consolidated Results
Price/Earnings13.31xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HG INFRA ENGINEERING

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 HG INFRA ENGINEERING is calculated as :

Current Market Cap [ ₹6,906.6 Cr] as on Apr 16,2024

(/) Earnings [ ₹518.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 13.31x ]

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

Thus, for HG INFRA ENGINEERING , the investors are currently willing to pay 13.31 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 HG INFRA ENGINEERING !

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 HG INFRA ENGINEERING over the last five years.

Historical PE (Price/Earnings) ratio chart of HG INFRA ENGINEERING


PE Ratio Performance Analysis for HG INFRA ENGINEERING

- HG INFRA ENGINEERING 's latest p/e ratio is 13.31x.

- HG INFRA ENGINEERING 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 9.85x.

- HG INFRA ENGINEERING 's operated at median p/e ratio of 9.54x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HG INFRA ENGINEERING 's p/e ratio peaked in Mar2019 at 14.49x.

- HG INFRA ENGINEERING 's p/e ratio hit its five-year low in Mar2020 of 6.7x.


How does HG INFRA ENGINEERING 's P/E Ratio benchmark against top 10 peers in Engineering - Construction Industry?

Peer Comparison (Engineering - Construction Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HG INFRA ENGINEERING 518.7413.316,906.6
LARSEN & TOUBRO LTD15,012.9032.46487,341.0
RAIL VIKAS NIGAM LTD1,375.6439.0953,772.7
GMR AIRPORTS INFRASTRUCTURE LTD-1,531.32-31.7248,577.3
IRB INFRASTRUCTURE DEVELOPERS LTD763.3852.0539,736.6
IRCON INTERNATIONAL LTD865.9823.9620,747.8
KEC INTERNATIONAL LTD267.2067.5018,037.3
KALPATARU PROJECTS INTERNATIONAL LTD487.0038.6518,820.2
NCC LTD693.9822.3815,532.9
GR INFRAPROJECTS LTD1,159.5611.0812,847.5
STERLING AND WILSON RENEWABLE ENERGY LTD-633.33-19.5012,348.1

Engineering - Construction Industry Benchmark (Top 10) PE Analysis vs HG INFRA ENGINEERING 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -31.72x
Max industry PE 67.50x
Median industry PE 23.96x
Average industry PE 22.66x



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