KENNAMETAL INDIA
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The Current P/E Ratio of KENNAMETAL INDIA is 71.64.
Share Price | ₹2,484.6 | Apr 23,2024 |
Market Cap | ₹5,466.1 Cr | |
Earnings-TTM | ₹76.3 Cr | TTM-Standalone Results |
Price/Earnings | 71.64x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of KENNAMETAL INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹5,466.1 Cr] as on Apr 23,2024
(/) Earnings [ ₹76.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 71.64x ]
Thus, for KENNAMETAL INDIA , the investors are currently willing to pay 71.64 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 KENNAMETAL 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 KENNAMETAL INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of KENNAMETAL INDIA
PE Ratio Performance Analysis for KENNAMETAL INDIA
- KENNAMETAL INDIA 's p/e ratio for fiscal years ending Jun2023 to Jun2019 averaged 44.40x.
- KENNAMETAL INDIA 's operated at median p/e ratio of 40.17x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KENNAMETAL INDIA 's p/e ratio peaked in Jun2023 at 66.4x.
- KENNAMETAL INDIA 's p/e ratio hit its five-year low in Jun2019 of 28.61x.
How does KENNAMETAL INDIA 's P/E Ratio benchmark against top 10 peers in Engineering Industry?
Peer Comparison (Engineering Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
KENNAMETAL INDIA | 76.30 | 71.64 | 5,466.1 |
RITES LTD | 494.61 | 32.57 | 16,108.6 |
ENGINEERS INDIA LTD | 427.44 | 27.33 | 11,682.0 |
MTAR TECHNOLOGIES LTD | 82.31 | 69.75 | 5,741.4 |
INOX GREEN ENERGY SERVICES LTD | 5.48 | 788.13 | 4,318.9 |
THEJO ENGINEERING LTD | 55.15 | 58.78 | 3,241.7 |
DIVGI TORQTRANSFER SYSTEMS LTD | 43.98 | 57.59 | 2,532.9 |
PITTI ENGINEERING LTD | 74.67 | 35.13 | 2,623.0 |
DEEP INDUSTRIES LTD | 160.74 | 11.74 | 1,886.7 |
LOKESH MACHINES LTD | 12.12 | 66.37 | 804.2 |
PRITIKA AUTO INDUSTRIES LTD | 16.72 | 27.36 | 457.3 |
Engineering Industry Benchmark (Top 10) PE Analysis vs KENNAMETAL INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 11.74x |
Max industry PE | 788.13x |
Median industry PE | 57.59x |
Average industry PE | 113.31x |
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