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MAZAGON DOCK SHIPBUILDERS
PE (Price/Earnings) Ratio

The Current P/E Ratio of MAZAGON DOCK SHIPBUILDERS is 25.38.

Share Price ₹1,860.9Mar 28,2024
Market Cap ₹37,534.4 Cr
Earnings-TTM₹1,478.8 CrTTM-Consolidated Results
Price/Earnings25.38xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MAZAGON DOCK SHIPBUILDERS

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 MAZAGON DOCK SHIPBUILDERS is calculated as :

Current Market Cap [ ₹37,534.4 Cr] as on Mar 28,2024

(/) Earnings [ ₹1,478.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 25.38x ]

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

Thus, for MAZAGON DOCK SHIPBUILDERS , the investors are currently willing to pay 25.38 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 MAZAGON DOCK SHIPBUILDERS !

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 MAZAGON DOCK SHIPBUILDERS over the last five years.

Historical PE (Price/Earnings) ratio chart of MAZAGON DOCK SHIPBUILDERS


PE Ratio Performance Analysis for MAZAGON DOCK SHIPBUILDERS

- MAZAGON DOCK SHIPBUILDERS 's latest p/e ratio is 25.38x.

- MAZAGON DOCK SHIPBUILDERS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.64x.

- MAZAGON DOCK SHIPBUILDERS 's operated at median p/e ratio of 7.91x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MAZAGON DOCK SHIPBUILDERS 's p/e ratio peaked in Mar2023 at 11.96x.

- MAZAGON DOCK SHIPBUILDERS 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does MAZAGON DOCK SHIPBUILDERS 's P/E Ratio benchmark against top 10 peers in Ship Building Industry?

Peer Comparison (Ship Building Industry)Earnings-TTM (Cr)PE RatioMarket Cap
MAZAGON DOCK SHIPBUILDERS 1,478.8225.3837,534.4
COCHIN SHIPYARD LTD563.8940.6722,934.1
GARDEN REACH SHIPBUILDERS & ENGINEERS LTD300.9729.128,764.4

Ship Building Industry Benchmark (Top 10) PE Analysis vs MAZAGON DOCK SHIPBUILDERS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 25.38x
Max industry PE 40.67x
Median industry PE 29.12x
Average industry PE 31.72x



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