LOKESH MACHINES
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The Current P/E Ratio of LOKESH MACHINES is 56.54.
Share Price | ₹370.3 | Mar 28,2024 |
Market Cap | ₹685.1 Cr | |
Earnings-TTM | ₹12.1 Cr | TTM-Standalone Results |
Price/Earnings | 56.54x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of LOKESH MACHINES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹685.1 Cr] as on Mar 28,2024
(/) Earnings [ ₹12.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 56.54x ]
Thus, for LOKESH MACHINES , the investors are currently willing to pay 56.54 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 LOKESH MACHINES !
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 LOKESH MACHINES over the last five years.
Historical PE (Price/Earnings) ratio chart of LOKESH MACHINES
PE Ratio Performance Analysis for LOKESH MACHINES
- LOKESH MACHINES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 13.66x.
- LOKESH MACHINES 's operated at median p/e ratio of 14.46x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, LOKESH MACHINES 's p/e ratio peaked in Mar2022 at 21.81x.
- LOKESH MACHINES 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does LOKESH MACHINES 's P/E Ratio benchmark against top 10 peers in Engineering Industry?
Peer Comparison (Engineering Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
LOKESH MACHINES | 12.12 | 56.54 | 685.1 |
RITES LTD | 494.61 | 32.27 | 15,963.2 |
ENGINEERS INDIA LTD | 427.44 | 26.55 | 11,350.5 |
MTAR TECHNOLOGIES LTD | 82.31 | 62.92 | 5,178.8 |
KENNAMETAL INDIA LTD | 76.30 | 68.53 | 5,229.0 |
INOX GREEN ENERGY SERVICES LTD | 5.48 | 633.29 | 3,470.4 |
THEJO ENGINEERING LTD | 55.15 | 47.73 | 2,632.4 |
DIVGI TORQTRANSFER SYSTEMS LTD | 43.98 | 53.51 | 2,353.4 |
PITTI ENGINEERING LTD | 74.67 | 32.78 | 2,448.0 |
DEEP INDUSTRIES LTD | 160.74 | 12.25 | 1,968.6 |
PRITIKA AUTO INDUSTRIES LTD | 16.72 | 30.20 | 504.8 |
Engineering Industry Benchmark (Top 10) PE Analysis vs LOKESH MACHINES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 12.25x |
Max industry PE | 633.29x |
Median industry PE | 47.73x |
Average industry PE | 96.05x |
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