KIRLOSKAR OIL ENGINES
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The Current P/E Ratio of KIRLOSKAR OIL ENGINES is 36.88.
Share Price | ₹942.0 | Apr 23,2024 |
Market Cap | ₹13,659.0 Cr | |
Earnings-TTM | ₹370.4 Cr | TTM-Consolidated Results |
Price/Earnings | 36.88x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of KIRLOSKAR OIL ENGINES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹13,659.0 Cr] as on Apr 23,2024
(/) Earnings [ ₹370.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 36.88x ]
Thus, for KIRLOSKAR OIL ENGINES , the investors are currently willing to pay 36.88 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 OIL ENGINES !
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 OIL ENGINES over the last five years.
Historical PE (Price/Earnings) ratio chart of KIRLOSKAR OIL ENGINES
PE Ratio Performance Analysis for KIRLOSKAR OIL ENGINES
- KIRLOSKAR OIL ENGINES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 11.71x.
- KIRLOSKAR OIL ENGINES 's operated at median p/e ratio of 11.51x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KIRLOSKAR OIL ENGINES 's p/e ratio peaked in Mar2023 at 17.15x.
- KIRLOSKAR OIL ENGINES 's p/e ratio hit its five-year low in Mar2020 of 6.79x.
How does KIRLOSKAR OIL ENGINES '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 OIL ENGINES | 370.41 | 36.88 | 13,659.0 |
BHARAT ELECTRONICS LTD | 3,523.83 | 48.58 | 171,195.0 |
BHARAT HEAVY ELECTRICALS LTD | -183.06 | -494.84 | 90,585.9 |
THERMAX LTD | 612.47 | 88.38 | 54,130.9 |
TRIVENI TURBINE LTD | 249.26 | 67.68 | 16,869.7 |
ELECON ENGINEERING COMPANY LTD | 349.18 | 36.18 | 12,634.8 |
PRAJ INDUSTRIES LTD | 279.57 | 34.45 | 9,631.8 |
SHRIRAM PISTONS & RINGS LTD | 413.60 | 21.95 | 9,079.8 |
KIRLOSKAR BROTHERS LTD | 287.60 | 35.01 | 10,069.5 |
TEGA INDUSTRIES LTD | 177.45 | 55.91 | 9,921.8 |
ION EXCHANGE (INDIA) LTD | 202.23 | 40.24 | 8,137.1 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs KIRLOSKAR OIL ENGINES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -494.84x |
Max industry PE | 88.38x |
Median industry PE | 36.88x |
Average industry PE | -2.69x |
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