MODERN INSULATORS
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The Current P/E Ratio of MODERN INSULATORS is 18.42.
Share Price | ₹126.9 | Apr 24,2024 |
Market Cap | ₹597.7 Cr | |
Earnings-TTM | ₹32.4 Cr | TTM-Consolidated Results |
Price/Earnings | 18.42x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MODERN INSULATORS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
MODERN INSULATORS | 32.45 | 18.42 | 597.7 |
KAYNES TECHNOLOGY INDIA LTD | 143.43 | 117.06 | 16,790.0 |
SYRMA SGS TECHNOLOGY LTD | 121.99 | 69.46 | 8,473.5 |
AVALON TECHNOLOGIES LTD | 43.63 | 79.81 | 3,482.4 |
DCX SYSTEMS LTD | 83.95 | 43.73 | 3,671.3 |
APOLLO MICRO SYSTEMS LTD | 25.39 | 121.41 | 3,082.2 |
IKIO LIGHTING LTD | 68.90 | 34.26 | 2,360.2 |
CENTUM ELECTRONICS LTD | 28.69 | 85.51 | 2,453.2 |
WEBSOL ENERGY SYSTEM LTD | -71.83 | -43.37 | 3,115.5 |
SWELECT ENERGY SYSTEMS LTD | 33.73 | 60.90 | 2,054.0 |
KERNEX MICROSYSTEMS (INDIA) LTD | -17.52 | -52.33 | 916.7 |
Electronics - Components Industry Benchmark (Top 10) PE Analysis vs MODERN INSULATORS 's P/E Ratio
Top 10 Industry Peers | PE 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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