NITIRAJ ENGINEERS
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The Current P/E Ratio of NITIRAJ ENGINEERS is 33.89.
Share Price | ₹202.4 | Sep 26,2025 |
Market Cap | ₹208.5 Cr | |
Earnings-TTM | ₹6.2 Cr | TTM-Standalone Results |
Price/Earnings | 33.89x | Calculated as Market Cap/Earnings |
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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 [ ₹208.5 Cr] as on Sep 26,2025
(/) Earnings [ ₹6.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 33.89x ]
Thus, for NITIRAJ ENGINEERS , the investors are currently willing to pay 33.89 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 Mar2024 to Mar2020 averaged 10.05x.
- 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 Mar2020 at 21.98x.
- 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 | 6.15 | 33.89 | 208.5 |
BHARAT HEAVY ELECTRICALS LTD | 231.33 | 347.56 | 80,400.8 |
THERMAX LTD | 668.73 | 56.97 | 38,094.9 |
JYOTI CNC AUTOMATION LTD | 336.51 | 58.71 | 19,755.1 |
TRIVENI TURBINE LTD | 342.60 | 47.80 | 16,377.2 |
KIRLOSKAR BROTHERS LTD | 403.10 | 38.46 | 15,501.8 |
ELECON ENGINEERING COMPANY LTD | 510.90 | 24.89 | 12,716.7 |
PRAJ INDUSTRIES LTD | 140.09 | 45.73 | 6,405.9 |
KIRLOSKAR OIL ENGINES LTD | 453.51 | 29.31 | 13,294.5 |
TEGA INDUSTRIES LTD | 194.08 | 66.64 | 12,933.8 |
SHRIRAM PISTONS & RINGS LTD | 533.30 | 21.93 | 11,694.8 |
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 | 21.93x |
Max industry PE | 347.56x |
Median industry PE | 45.73x |
Average industry PE | 70.17x |
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