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MACPOWER CNC MACHINES
PE (Price/Earnings) Ratio

The Current P/E Ratio of MACPOWER CNC MACHINES is 63.01.

Share Price ₹1,148.0Apr 25,2024
Market Cap ₹1,148.0 Cr
Earnings-TTM₹18.2 CrTTM-Standalone Results
Price/Earnings63.01xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MACPOWER CNC MACHINES

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 MACPOWER CNC MACHINES is calculated as :

Current Market Cap [ ₹1,148.0 Cr] as on Apr 25,2024

(/) Earnings [ ₹18.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 63.01x ]

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

Thus, for MACPOWER CNC MACHINES , the investors are currently willing to pay 63.01 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 MACPOWER CNC 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 MACPOWER CNC MACHINES over the last five years.

Historical PE (Price/Earnings) ratio chart of MACPOWER CNC MACHINES


PE Ratio Performance Analysis for MACPOWER CNC MACHINES

- MACPOWER CNC MACHINES 's latest p/e ratio is 63.01x.

- MACPOWER CNC MACHINES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 15.65x.

- MACPOWER CNC MACHINES 's operated at median p/e ratio of 15.18x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MACPOWER CNC MACHINES 's p/e ratio peaked in Mar2023 at 21.4x.

- MACPOWER CNC MACHINES 's p/e ratio hit its five-year low in Mar2019 of 11.63x.


How does MACPOWER CNC MACHINES '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
MACPOWER CNC MACHINES 18.2263.011,148.0
BHARAT ELECTRONICS LTD3,523.8349.31173,753.0
BHARAT HEAVY ELECTRICALS LTD-183.06-516.6294,572.8
THERMAX LTD612.4783.7751,308.1
TRIVENI TURBINE LTD249.2667.7316,882.4
KIRLOSKAR OIL ENGINES LTD370.4137.3313,827.7
ELECON ENGINEERING COMPANY LTD349.1836.6912,811.0
PRAJ INDUSTRIES LTD279.5734.059,518.8
SHRIRAM PISTONS & RINGS LTD413.6021.899,052.0
KIRLOSKAR BROTHERS LTD287.6036.7310,563.4
TEGA INDUSTRIES LTD177.4557.0410,121.0

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs MACPOWER CNC MACHINES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -516.62x
Max industry PE 83.77x
Median industry PE 37.33x
Average industry PE -2.64x



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