NITIRAJ ENGINEERS
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The Current P/E Ratio of NITIRAJ ENGINEERS is 134.77.
| Share Price | ₹215.0 | Feb 27,2026 |
| Market Cap | ₹221.4 Cr | |
| Earnings-TTM | ₹1.6 Cr | TTM-Standalone Results |
| Price/Earnings | 134.77x | 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 [ ₹221.4 Cr] as on Feb 27,2026
(/) Earnings [ ₹1.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 134.77x ]
Thus, for NITIRAJ ENGINEERS , the investors are currently willing to pay 134.77 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 | 1.64 | 134.77 | 221.4 |
| BHARAT HEAVY ELECTRICALS LTD | 760.05 | 121.34 | 92,222.5 |
| THERMAX LTD | 681.12 | 54.49 | 37,114.2 |
| JYOTI CNC AUTOMATION LTD | 354.40 | 52.62 | 18,648.7 |
| TRIVENI TURBINE LTD | 343.10 | 45.28 | 15,535.4 |
| KIRLOSKAR BROTHERS LTD | 380.50 | 32.96 | 12,540.7 |
| ELECON ENGINEERING COMPANY LTD | 478.54 | 19.51 | 9,336.2 |
| PRAJ INDUSTRIES LTD | 52.05 | 112.26 | 5,843.4 |
| KIRLOSKAR OIL ENGINES LTD | 529.06 | 38.34 | 20,284.3 |
| TEGA INDUSTRIES LTD | 195.99 | 69.77 | 13,674.0 |
| SHRIRAM PISTONS & RINGS LTD | 554.24 | 24.79 | 13,740.0 |
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 | 19.51x |
| Max industry PE | 134.77x |
| Median industry PE | 52.62x |
| Average industry PE | 64.19x |
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