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KIRLOSKAR INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of KIRLOSKAR INDUSTRIES is 10.89.

Share Price ₹4,209.3Apr 18,2024
Market Cap ₹4,167.2 Cr
Earnings-TTM₹382.8 CrTTM-Consolidated Results
Price/Earnings10.89xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of KIRLOSKAR INDUSTRIES

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 INDUSTRIES is calculated as :

Current Market Cap [ ₹4,167.2 Cr] as on Apr 18,2024

(/) Earnings [ ₹382.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 10.89x ]

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

Thus, for KIRLOSKAR INDUSTRIES , the investors are currently willing to pay 10.89 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 INDUSTRIES !

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 INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of KIRLOSKAR INDUSTRIES


PE Ratio Performance Analysis for KIRLOSKAR INDUSTRIES

- KIRLOSKAR INDUSTRIES 's latest p/e ratio is 10.89x.

- KIRLOSKAR INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.87x.

- KIRLOSKAR INDUSTRIES 's operated at median p/e ratio of 7.83x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, KIRLOSKAR INDUSTRIES 's p/e ratio peaked in Mar2023 at 10.72x.

- KIRLOSKAR INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 4.5x.


How does KIRLOSKAR INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
KIRLOSKAR INDUSTRIES 382.7610.894,167.2
BHARAT ELECTRONICS LTD3,523.8347.94168,929.0
BHARAT HEAVY ELECTRICALS LTD-183.06-481.5388,148.4
THERMAX LTD612.4792.1556,439.6
TRIVENI TURBINE LTD249.2666.0716,469.2
KIRLOSKAR OIL ENGINES LTD370.4134.8612,911.2
ELECON ENGINEERING COMPANY LTD314.3237.9011,911.7
PRAJ INDUSTRIES LTD279.5732.979,216.4
SHRIRAM PISTONS & RINGS LTD413.6021.668,957.3
KIRLOSKAR BROTHERS LTD287.6032.379,309.9
TEGA INDUSTRIES LTD177.4553.739,534.9

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs KIRLOSKAR INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -481.53x
Max industry PE 92.15x
Median industry PE 34.86x
Average industry PE -4.64x



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