NITIRAJ ENGINEERS
|
The Current P/E Ratio of NITIRAJ ENGINEERS is 85.91.
| Share Price | ₹200.8 | Aug 24,2026 |
| Market Cap | ₹206.9 Cr | |
| Earnings-TTM | ₹2.4 Cr | TTM-Standalone Results |
| Price/Earnings | 85.91x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of NITIRAJ ENGINEERS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹206.9 Cr] as on Aug 24,2026
(/) Earnings [ ₹2.4 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 85.91x ]
Thus, for NITIRAJ ENGINEERS , the investors are currently willing to pay 85.91 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 NITIRAJ ENGINEERS !
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 NITIRAJ ENGINEERS over the last five years.
Historical PE (Price/Earnings) ratio chart of NITIRAJ ENGINEERS
PE Ratio Performance Analysis for NITIRAJ ENGINEERS
- NITIRAJ ENGINEERS 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 16.95x.
- NITIRAJ ENGINEERS 's operated at median p/e ratio of 13.49x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NITIRAJ ENGINEERS 's p/e ratio peaked in Mar2025 at 56.48x.
- NITIRAJ ENGINEERS 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does NITIRAJ ENGINEERS 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
| Peer Comparison (Engineering - Industrial Equipments Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| NITIRAJ ENGINEERS | 2.41 | 85.91 | 206.9 |
| BHARAT HEAVY ELECTRICALS LTD | 2,373.63 | 60.15 | 142,765.0 |
| THERMAX LTD | 590.83 | 80.21 | 47,389.1 |
| KIRLOSKAR OIL ENGINES LTD | 534.60 | 56.27 | 30,082.6 |
| TRIVENI TURBINE LTD | 337.30 | 54.39 | 18,344.3 |
| JYOTI CNC AUTOMATION LTD | 321.72 | 69.23 | 22,273.8 |
| INOX INDIA LTD | 254.84 | 68.79 | 17,531.0 |
| AZAD ENGINEERING LTD | 139.29 | 129.63 | 18,056.7 |
| TEGA INDUSTRIES LTD | -6.53 | -1,961.61 | 12,809.3 |
| ELECON ENGINEERING COMPANY LTD | 236.06 | 41.69 | 9,841.1 |
| KRN HEAT EXCHANGER AND REFRIGERATION LTD | 96.94 | 99.33 | 9,629.3 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs NITIRAJ ENGINEERS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -1,961.61x |
| Max industry PE | 129.63x |
| Median industry PE | 68.79x |
| Average industry PE | -110.55x |
You may also like the below Video Courses