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HITACHI ENERGY INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of HITACHI ENERGY INDIA is 392.45.

Share Price ₹9,341.9Apr 25,2024
Market Cap ₹39,609.7 Cr
Earnings-TTM₹100.9 CrTTM-Standalone Results
Price/Earnings392.45xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HITACHI ENERGY 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 HITACHI ENERGY INDIA is calculated as :

Current Market Cap [ ₹39,609.7 Cr] as on Apr 25,2024

(/) Earnings [ ₹100.9 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 392.45x ]

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

Thus, for HITACHI ENERGY INDIA , the investors are currently willing to pay 392.45 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 HITACHI ENERGY 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 HITACHI ENERGY INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of HITACHI ENERGY INDIA


PE Ratio Performance Analysis for HITACHI ENERGY INDIA

- HITACHI ENERGY INDIA 's latest p/e ratio is 392.45x.

- HITACHI ENERGY INDIA 's p/e ratio for fiscal years ending Mar2023 to Dec2019 averaged 69.79x.

- HITACHI ENERGY INDIA 's operated at median p/e ratio of 73.4x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, HITACHI ENERGY INDIA 's p/e ratio peaked in Mar2023 at 150.82x.

- HITACHI ENERGY INDIA 's p/e ratio hit its five-year low in Dec2019 of 0x.


How does HITACHI ENERGY 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
HITACHI ENERGY INDIA 100.93392.4539,609.7
SIEMENS LTD2,005.00101.78204,075.0
ABB INDIA LTD1,248.18109.26136,373.0
HAVELLS INDIA LTD1,182.1082.8397,913.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD897.3392.2782,796.7
SUZLON ENERGY LTD726.2278.7857,214.1
APAR INDUSTRIES LTD832.2537.8231,475.9
GE T&D INDIA LTD99.41288.2928,659.3
INOX WIND LTD-209.45-100.5521,059.5
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD213.5983.4517,825.2
VGUARD INDUSTRIES LTD234.1463.5714,884.2

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

Top 10 Industry PeersPE Ratio
Min industry PE -100.55x
Max industry PE 392.45x
Median industry PE 83.45x
Average industry PE 111.82x



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