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MITCON CONSULTANCY & ENGINEERING SERVICES
PE (Price/Earnings) Ratio

The Current P/E Ratio of MITCON CONSULTANCY & ENGINEERING SERVICES is 52.67.

Share Price ₹135.3May 18,2024
Market Cap ₹181.3 Cr
Earnings-TTM₹3.4 CrTTM-Consolidated Results
Price/Earnings52.67xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MITCON CONSULTANCY & ENGINEERING SERVICES

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 MITCON CONSULTANCY & ENGINEERING SERVICES is calculated as :

Current Market Cap [ ₹181.3 Cr] as on May 18,2024

(/) Earnings [ ₹3.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 52.67x ]

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

Thus, for MITCON CONSULTANCY & ENGINEERING SERVICES , the investors are currently willing to pay 52.67 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 MITCON CONSULTANCY & ENGINEERING SERVICES !

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 MITCON CONSULTANCY & ENGINEERING SERVICES over the last five years.

Historical PE (Price/Earnings) ratio chart of MITCON CONSULTANCY & ENGINEERING SERVICES


PE Ratio Performance Analysis for MITCON CONSULTANCY & ENGINEERING SERVICES

- MITCON CONSULTANCY & ENGINEERING SERVICES 's latest p/e ratio is 52.67x.

- MITCON CONSULTANCY & ENGINEERING SERVICES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 146.67x.

- MITCON CONSULTANCY & ENGINEERING SERVICES 's operated at median p/e ratio of 27.9x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MITCON CONSULTANCY & ENGINEERING SERVICES 's p/e ratio peaked in Mar2019 at 566.33x.

- MITCON CONSULTANCY & ENGINEERING SERVICES 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does MITCON CONSULTANCY & ENGINEERING SERVICES 's P/E Ratio benchmark against top 10 peers in Business Support Industry?

Peer Comparison (Business Support Industry)Earnings-TTM (Cr)PE RatioMarket Cap
MITCON CONSULTANCY & ENGINEERING SERVICES 3.4452.67181.3
SYNGENE INTERNATIONAL LTD510.0054.3827,734.8
SUN PHARMA ADVANCED RESEARCH COMPANY LTD-363.41-19.607,123.3
LATENT VIEW ANALYTICS LTD158.6463.5510,082.6
JUST DIAL LTD362.9323.398,490.4
DREAMFOLKS SERVICES LTD75.9636.132,744.6
EKI ENERGY SERVICES LTD-129.20-7.03908.0
AGS TRANSACT TECHNOLOGIES LTD-91.01-10.19927.0
JAYKAY ENTERPRISES LTD10.0876.55771.6
QUINT DIGITAL LTD47.768.68414.8
PTL ENTERPRISES LTD23.5624.21570.4

Business Support Industry Benchmark (Top 10) PE Analysis vs MITCON CONSULTANCY & ENGINEERING SERVICES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -19.60x
Max industry PE 76.55x
Median industry PE 24.21x
Average industry PE 27.52x



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