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ISGEC HEAVY ENGINEERING
PE (Price/Earnings) Ratio

The Current P/E Ratio of ISGEC HEAVY ENGINEERING is 27.97.

Share Price ₹1,049.6Apr 24,2024
Market Cap ₹7,714.2 Cr
Earnings-TTM₹275.9 CrTTM-Consolidated Results
Price/Earnings27.97xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ISGEC HEAVY 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 ISGEC HEAVY ENGINEERING is calculated as :

Current Market Cap [ ₹7,714.2 Cr] as on Apr 24,2024

(/) Earnings [ ₹275.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 27.97x ]

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

Thus, for ISGEC HEAVY ENGINEERING , the investors are currently willing to pay 27.97 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 ISGEC HEAVY 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 ISGEC HEAVY ENGINEERING over the last five years.

Historical PE (Price/Earnings) ratio chart of ISGEC HEAVY ENGINEERING


PE Ratio Performance Analysis for ISGEC HEAVY ENGINEERING

- ISGEC HEAVY ENGINEERING 's latest p/e ratio is 27.97x.

- ISGEC HEAVY ENGINEERING 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 22.00x.

- ISGEC HEAVY ENGINEERING 's operated at median p/e ratio of 16.29x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ISGEC HEAVY ENGINEERING 's p/e ratio peaked in Mar2022 at 34.73x.

- ISGEC HEAVY ENGINEERING 's p/e ratio hit its five-year low in Mar2020 of 12.99x.


How does ISGEC HEAVY 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
ISGEC HEAVY ENGINEERING 275.8527.977,714.2
LARSEN & TOUBRO LTD15,012.9033.28499,685.0
RAIL VIKAS NIGAM LTD1,375.6443.1159,308.4
GMR AIRPORTS INFRASTRUCTURE LTD-1,531.32-32.4849,730.1
IRB INFRASTRUCTURE DEVELOPERS LTD763.3853.5240,853.8
IRCON INTERNATIONAL LTD865.9826.2222,704.1
KEC INTERNATIONAL LTD267.2071.0418,982.1
KALPATARU PROJECTS INTERNATIONAL LTD487.0039.1919,087.4
NCC LTD693.9822.5515,649.1
GR INFRAPROJECTS LTD1,159.5611.1312,910.4
STERLING AND WILSON RENEWABLE ENERGY LTD-210.82-71.1615,002.4

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

Top 10 Industry PeersPE Ratio
Min industry PE -71.16x
Max industry PE 71.04x
Median industry PE 27.97x
Average industry PE 20.40x



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