NITIRAJ ENGINEERS
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The Current P/E Ratio of NITIRAJ ENGINEERS is 44.17.
Share Price | ₹207.0 | Aug 08,2025 |
Market Cap | ₹213.2 Cr | |
Earnings-TTM | ₹4.8 Cr | TTM-Standalone Results |
Price/Earnings | 44.17x | 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 [ ₹213.2 Cr] as on Aug 08,2025
(/) Earnings [ ₹4.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 44.17x ]
Thus, for NITIRAJ ENGINEERS , the investors are currently willing to pay 44.17 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 | 4.83 | 44.17 | 213.2 |
BHARAT HEAVY ELECTRICALS LTD | 231.33 | 335.22 | 77,545.5 |
THERMAX LTD | 668.73 | 58.33 | 39,008.8 |
JYOTI CNC AUTOMATION LTD | 336.51 | 64.31 | 21,640.4 |
TRIVENI TURBINE LTD | 342.60 | 48.99 | 16,782.3 |
KIRLOSKAR BROTHERS LTD | 403.10 | 37.25 | 15,015.4 |
ELECON ENGINEERING COMPANY LTD | 510.90 | 23.74 | 12,129.9 |
PRAJ INDUSTRIES LTD | 218.93 | 37.62 | 8,235.8 |
KIRLOSKAR OIL ENGINES LTD | 453.51 | 28.97 | 13,137.5 |
TEGA INDUSTRIES LTD | 194.08 | 63.59 | 12,342.3 |
SHRIRAM PISTONS & RINGS LTD | 533.30 | 19.77 | 10,543.1 |
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 | 19.77x |
Max industry PE | 335.22x |
Median industry PE | 44.17x |
Average industry PE | 69.27x |
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