KIRLOSKAR INDUSTRIES
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The Current P/E Ratio of KIRLOSKAR INDUSTRIES is 10.89.
Share Price | ₹4,209.3 | Apr 18,2024 |
Market Cap | ₹4,167.2 Cr | |
Earnings-TTM | ₹382.8 Cr | TTM-Consolidated Results |
Price/Earnings | 10.89x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of KIRLOSKAR INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
KIRLOSKAR INDUSTRIES | 382.76 | 10.89 | 4,167.2 |
BHARAT ELECTRONICS LTD | 3,523.83 | 47.94 | 168,929.0 |
BHARAT HEAVY ELECTRICALS LTD | -183.06 | -481.53 | 88,148.4 |
THERMAX LTD | 612.47 | 92.15 | 56,439.6 |
TRIVENI TURBINE LTD | 249.26 | 66.07 | 16,469.2 |
KIRLOSKAR OIL ENGINES LTD | 370.41 | 34.86 | 12,911.2 |
ELECON ENGINEERING COMPANY LTD | 314.32 | 37.90 | 11,911.7 |
PRAJ INDUSTRIES LTD | 279.57 | 32.97 | 9,216.4 |
SHRIRAM PISTONS & RINGS LTD | 413.60 | 21.66 | 8,957.3 |
KIRLOSKAR BROTHERS LTD | 287.60 | 32.37 | 9,309.9 |
TEGA INDUSTRIES LTD | 177.45 | 53.73 | 9,534.9 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs KIRLOSKAR INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE 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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