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KIRLOSKAR ELECTRIC COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of KIRLOSKAR ELECTRIC COMPANY is 58.93.

Share Price ₹173.5May 10,2024
Market Cap ₹1,152.0 Cr
Earnings-TTM₹19.6 CrTTM-Consolidated Results
Price/Earnings58.93xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of KIRLOSKAR ELECTRIC COMPANY

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 KIRLOSKAR ELECTRIC COMPANY is calculated as :

Current Market Cap [ ₹1,152.0 Cr] as on May 10,2024

(/) Earnings [ ₹19.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 58.93x ]

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

Thus, for KIRLOSKAR ELECTRIC COMPANY , the investors are currently willing to pay 58.93 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 KIRLOSKAR ELECTRIC COMPANY !

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 KIRLOSKAR ELECTRIC COMPANY over the last five years.

Historical PE (Price/Earnings) ratio chart of KIRLOSKAR ELECTRIC COMPANY


PE Ratio Performance Analysis for KIRLOSKAR ELECTRIC COMPANY

- KIRLOSKAR ELECTRIC COMPANY 's latest p/e ratio is 58.93x.

- KIRLOSKAR ELECTRIC COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.65x.

- KIRLOSKAR ELECTRIC COMPANY 's operated at median p/e ratio of 1.13x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, KIRLOSKAR ELECTRIC COMPANY 's p/e ratio peaked in Mar2023 at 14.56x.

- KIRLOSKAR ELECTRIC COMPANY 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does KIRLOSKAR ELECTRIC COMPANY 's P/E Ratio benchmark against top 10 peers in Electric Equipment Industry?

Peer Comparison (Electric Equipment Industry)Earnings-TTM (Cr)PE RatioMarket Cap
KIRLOSKAR ELECTRIC COMPANY 19.5558.931,152.0
SIEMENS LTD2,005.00109.59219,728.0
ABB INDIA LTD1,462.61104.06152,196.0
HAVELLS INDIA LTD1,270.7683.19105,718.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD871.12101.6788,570.0
SUZLON ENERGY LTD726.2274.7354,273.8
HITACHI ENERGY INDIA LTD100.93368.1537,157.1
APAR INDUSTRIES LTD832.2536.8930,698.0
GE T&D INDIA LTD99.41255.8825,436.9
INOX WIND LTD-52.52-337.2817,713.7
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD213.5988.1818,834.2

Electric Equipment Industry Benchmark (Top 10) PE Analysis vs KIRLOSKAR ELECTRIC COMPANY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -337.28x
Max industry PE 368.15x
Median industry PE 88.18x
Average industry PE 85.82x



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