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LAKSHMI ELECTRICAL CONTROL SYSTEMS
PE (Price/Earnings) Ratio

The Current P/E Ratio of LAKSHMI ELECTRICAL CONTROL SYSTEMS is 29.08.

Share Price ₹1,852.6Apr 29,2024
Market Cap ₹463.1 Cr
Earnings-TTM₹15.9 CrTTM-Standalone Results
Price/Earnings29.08xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of LAKSHMI ELECTRICAL CONTROL SYSTEMS

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 LAKSHMI ELECTRICAL CONTROL SYSTEMS is calculated as :

Current Market Cap [ ₹463.1 Cr] as on Apr 29,2024

(/) Earnings [ ₹15.9 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 29.08x ]

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

Thus, for LAKSHMI ELECTRICAL CONTROL SYSTEMS , the investors are currently willing to pay 29.08 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 LAKSHMI ELECTRICAL CONTROL SYSTEMS !

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 LAKSHMI ELECTRICAL CONTROL SYSTEMS over the last five years.

Historical PE (Price/Earnings) ratio chart of LAKSHMI ELECTRICAL CONTROL SYSTEMS


PE Ratio Performance Analysis for LAKSHMI ELECTRICAL CONTROL SYSTEMS

- LAKSHMI ELECTRICAL CONTROL SYSTEMS 's latest p/e ratio is 29.08x.

- LAKSHMI ELECTRICAL CONTROL SYSTEMS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 34.64x.

- LAKSHMI ELECTRICAL CONTROL SYSTEMS 's operated at median p/e ratio of 12.81x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, LAKSHMI ELECTRICAL CONTROL SYSTEMS 's p/e ratio peaked in Mar2020 at 117.4x.

- LAKSHMI ELECTRICAL CONTROL SYSTEMS 's p/e ratio hit its five-year low in Mar2023 of 9.18x.


How does LAKSHMI ELECTRICAL CONTROL SYSTEMS 's P/E Ratio benchmark against top 10 peers in Electric Equipment Industry?

Peer Comparison (Electric Equipment Industry)Earnings-TTM (Cr)PE RatioMarket Cap
LAKSHMI ELECTRICAL CONTROL SYSTEMS 15.9329.08463.1
SIEMENS LTD2,005.00102.57205,659.0
ABB INDIA LTD1,248.18109.53136,717.0
HAVELLS INDIA LTD1,182.1087.21103,089.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD897.3395.1385,362.6
SUZLON ENERGY LTD726.2278.0056,642.4
HITACHI ENERGY INDIA LTD100.93364.4536,783.5
APAR INDUSTRIES LTD832.2537.8631,511.6
GE T&D INDIA LTD99.41293.3529,162.4
INOX WIND LTD-209.45-98.2120,570.6
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD213.5989.1119,032.7

Electric Equipment Industry Benchmark (Top 10) PE Analysis vs LAKSHMI ELECTRICAL CONTROL SYSTEMS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -98.21x
Max industry PE 364.45x
Median industry PE 89.11x
Average industry PE 108.01x



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