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KIRLOSKAR OIL ENGINES
PE (Price/Earnings) Ratio

The Current P/E Ratio of KIRLOSKAR OIL ENGINES is 36.88.

Share Price ₹942.0Apr 23,2024
Market Cap ₹13,659.0 Cr
Earnings-TTM₹370.4 CrTTM-Consolidated Results
Price/Earnings36.88xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of KIRLOSKAR OIL ENGINES

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 OIL ENGINES is calculated as :

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 ]

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

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 latest p/e ratio is 36.88x.

- 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 RatioMarket Cap
KIRLOSKAR OIL ENGINES 370.4136.8813,659.0
BHARAT ELECTRONICS LTD3,523.8348.58171,195.0
BHARAT HEAVY ELECTRICALS LTD-183.06-494.8490,585.9
THERMAX LTD612.4788.3854,130.9
TRIVENI TURBINE LTD249.2667.6816,869.7
ELECON ENGINEERING COMPANY LTD349.1836.1812,634.8
PRAJ INDUSTRIES LTD279.5734.459,631.8
SHRIRAM PISTONS & RINGS LTD413.6021.959,079.8
KIRLOSKAR BROTHERS LTD287.6035.0110,069.5
TEGA INDUSTRIES LTD177.4555.919,921.8
ION EXCHANGE (INDIA) LTD202.2340.248,137.1

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

Top 10 Industry PeersPE 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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