LOKESH MACHINES
|
The Current P/E Ratio of LOKESH MACHINES is 64.88.
Share Price | ₹425.0 | May 07,2024 |
Market Cap | ₹786.2 Cr | |
Earnings-TTM | ₹12.1 Cr | TTM-Standalone Results |
Price/Earnings | 64.88x | Calculated as Market Cap/Earnings |
---|---|---|
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 [ ₹786.2 Cr] as on May 07,2024
(/) Earnings [ ₹12.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 64.88x ]
Thus, for LOKESH MACHINES , the investors are currently willing to pay 64.88 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 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 | 64.88 | 786.2 |
RITES LTD | 494.61 | 31.89 | 15,773.4 |
ENGINEERS INDIA LTD | 427.44 | 29.49 | 12,606.6 |
MTAR TECHNOLOGIES LTD | 82.31 | 69.09 | 5,686.8 |
KENNAMETAL INDIA LTD | 76.30 | 70.76 | 5,398.8 |
INOX GREEN ENERGY SERVICES LTD | 28.64 | 130.86 | 3,747.9 |
THEJO ENGINEERING LTD | 55.15 | 57.07 | 3,147.5 |
DIVGI TORQTRANSFER SYSTEMS LTD | 43.98 | 55.65 | 2,447.3 |
PITTI ENGINEERING LTD | 74.67 | 35.10 | 2,620.7 |
DEEP INDUSTRIES LTD | 160.74 | 12.12 | 1,947.5 |
PRITIKA AUTO INDUSTRIES LTD | 16.72 | 30.00 | 501.5 |
Engineering Industry Benchmark (Top 10) PE Analysis vs LOKESH MACHINES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 12.12x |
Max industry PE | 130.86x |
Median industry PE | 55.65x |
Average industry PE | 53.36x |
You may also like the below Video Courses