LAKSHMI MACHINE WORKS
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The Current P/E Ratio of LAKSHMI MACHINE WORKS is 45.02.
| Share Price | ₹16,902.9 | Apr 30,2024 |
| Market Cap | ₹18,086.1 Cr | |
| Earnings-TTM | ₹401.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 45.02x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of LAKSHMI MACHINE WORKS
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)
Current Market Cap [ ₹18,086.1 Cr] as on Apr 30,2024
(/) Earnings [ ₹401.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 45.02x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for LAKSHMI MACHINE WORKS , the investors are currently willing to pay 45.02 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 MACHINE WORKS !
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 MACHINE WORKS over the last five years.
Thus, for LAKSHMI MACHINE WORKS , the investors are currently willing to pay 45.02 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 MACHINE WORKS !
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 MACHINE WORKS over the last five years.
Historical PE (Price/Earnings) ratio chart of LAKSHMI MACHINE WORKS
PE Ratio Performance Analysis for LAKSHMI MACHINE WORKS
- LAKSHMI MACHINE WORKS 's latest p/e ratio is 45.02x.
- LAKSHMI MACHINE WORKS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 74.16x.
- LAKSHMI MACHINE WORKS 's operated at median p/e ratio of 56.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, LAKSHMI MACHINE WORKS 's p/e ratio peaked in Mar2021 at 162.63x.
- LAKSHMI MACHINE WORKS 's p/e ratio hit its five-year low in Mar2023 of 27.74x.
- LAKSHMI MACHINE WORKS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 74.16x.
- LAKSHMI MACHINE WORKS 's operated at median p/e ratio of 56.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, LAKSHMI MACHINE WORKS 's p/e ratio peaked in Mar2021 at 162.63x.
- LAKSHMI MACHINE WORKS 's p/e ratio hit its five-year low in Mar2023 of 27.74x.
How does LAKSHMI MACHINE WORKS 's P/E Ratio benchmark against top 10 peers in Textile - Machinery Industry?
| Peer Comparison (Textile - Machinery Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| LAKSHMI MACHINE WORKS | 401.78 | 45.02 | 18,086.1 |
| STOVEC INDUSTRIES LTD | 9.04 | 60.20 | 544.1 |
| INDIAN CARD CLOTHING COMPANY LTD | 6.87 | 23.69 | 162.8 |
Textile - Machinery Industry Benchmark (Top 10) PE Analysis vs LAKSHMI MACHINE WORKS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 23.69x |
| Max industry PE | 60.20x |
| Median industry PE | 45.02x |
| Average industry PE | 42.97x |
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