INGERSOLLRAND (INDIA)
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The Current P/E Ratio of INGERSOLLRAND (INDIA) is 60.36.
Share Price | ₹4,309.6 | May 13,2024 |
Market Cap | ₹13,618.3 Cr | |
Earnings-TTM | ₹225.6 Cr | TTM-Standalone Results |
Price/Earnings | 60.36x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of INGERSOLLRAND (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹13,618.3 Cr] as on May 13,2024
(/) Earnings [ ₹225.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 60.36x ]
Thus, for INGERSOLLRAND (INDIA) , the investors are currently willing to pay 60.36 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 INGERSOLLRAND (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 INGERSOLLRAND (INDIA) over the last five years.
Historical PE (Price/Earnings) ratio chart of INGERSOLLRAND (INDIA)
PE Ratio Performance Analysis for INGERSOLLRAND (INDIA)
- INGERSOLLRAND (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 33.62x.
- INGERSOLLRAND (INDIA) 's operated at median p/e ratio of 29.81x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INGERSOLLRAND (INDIA) 's p/e ratio peaked in Mar2022 at 45.79x.
- INGERSOLLRAND (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 23.04x.
How does INGERSOLLRAND (INDIA) 's P/E Ratio benchmark against top 10 peers in Compressors / Pumps Industry?
Peer Comparison (Compressors / Pumps Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
INGERSOLLRAND (INDIA) | 225.63 | 60.36 | 13,618.3 |
ELGI EQUIPMENTS LTD | 400.57 | 49.54 | 19,844.8 |
KSB LTD | 207.70 | 76.30 | 15,847.3 |
DYNAMATIC TECHNOLOGIES LTD | 82.26 | 62.46 | 5,138.2 |
KIRLOSKAR PNEUMATIC COMPANY LTD | 133.28 | 51.48 | 6,861.4 |
WPIL LTD | 199.14 | 17.99 | 3,582.8 |
SHAKTI PUMPS (INDIA) LTD | 141.71 | 32.14 | 4,554.5 |
ROTO PUMPS LTD | 37.66 | 32.63 | 1,228.8 |
Compressors / Pumps Industry Benchmark (Top 10) PE Analysis vs INGERSOLLRAND (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 17.99x |
Max industry PE | 76.30x |
Median industry PE | 51.48x |
Average industry PE | 47.86x |
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