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MODERN INSULATORS
PE (Price/Earnings) Ratio

The Current P/E Ratio of MODERN INSULATORS is 18.42.

Share Price ₹126.9Apr 24,2024
Market Cap ₹597.7 Cr
Earnings-TTM₹32.4 CrTTM-Consolidated Results
Price/Earnings18.42xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MODERN INSULATORS

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 MODERN INSULATORS is calculated as :

Current Market Cap [ ₹597.7 Cr] as on Apr 24,2024

(/) Earnings [ ₹32.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 18.42x ]

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

Thus, for MODERN INSULATORS , the investors are currently willing to pay 18.42 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 MODERN INSULATORS !

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 MODERN INSULATORS over the last five years.

Historical PE (Price/Earnings) ratio chart of MODERN INSULATORS


PE Ratio Performance Analysis for MODERN INSULATORS

- MODERN INSULATORS 's latest p/e ratio is 18.42x.

- MODERN INSULATORS 's p/e ratio for fiscal years ending Mar2023 to Mar2016 averaged 4.71x.

- MODERN INSULATORS 's operated at median p/e ratio of 6.24x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MODERN INSULATORS 's p/e ratio peaked in Mar2022 at 10.3x.

- MODERN INSULATORS 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does MODERN INSULATORS 's P/E Ratio benchmark against top 10 peers in Electronics - Components Industry?

Peer Comparison (Electronics - Components Industry)Earnings-TTM (Cr)PE RatioMarket Cap
MODERN INSULATORS 32.4518.42597.7
KAYNES TECHNOLOGY INDIA LTD143.43117.0616,790.0
SYRMA SGS TECHNOLOGY LTD121.9969.468,473.5
AVALON TECHNOLOGIES LTD43.6379.813,482.4
DCX SYSTEMS LTD83.9543.733,671.3
APOLLO MICRO SYSTEMS LTD25.39121.413,082.2
IKIO LIGHTING LTD68.9034.262,360.2
CENTUM ELECTRONICS LTD28.6985.512,453.2
WEBSOL ENERGY SYSTEM LTD-71.83-43.373,115.5
SWELECT ENERGY SYSTEMS LTD33.7360.902,054.0
KERNEX MICROSYSTEMS (INDIA) LTD-17.52-52.33916.7

Electronics - Components Industry Benchmark (Top 10) PE Analysis vs MODERN INSULATORS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -52.33x
Max industry PE 121.41x
Median industry PE 60.90x
Average industry PE 48.62x



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