NITIRAJ ENGINEERS
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The Current P/E Ratio of NITIRAJ ENGINEERS is 43.11.
Share Price | ₹202.1 | Jul 04,2025 |
Market Cap | ₹208.1 Cr | |
Earnings-TTM | ₹4.8 Cr | TTM-Standalone Results |
Price/Earnings | 43.11x | Calculated as Market Cap/Earnings |
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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 [ ₹208.1 Cr] as on Jul 04,2025
(/) Earnings [ ₹4.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 43.11x ]
Thus, for NITIRAJ ENGINEERS , the investors are currently willing to pay 43.11 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 | 43.11 | 208.1 |
BHARAT HEAVY ELECTRICALS LTD | 474.89 | 190.75 | 90,585.9 |
THERMAX LTD | 626.94 | 65.78 | 41,240.0 |
JYOTI CNC AUTOMATION LTD | 316.01 | 74.58 | 23,567.9 |
TRIVENI TURBINE LTD | 358.50 | 57.23 | 20,517.4 |
KIRLOSKAR BROTHERS LTD | 403.30 | 45.94 | 18,529.3 |
ELECON ENGINEERING COMPANY LTD | 406.97 | 35.67 | 14,515.3 |
PRAJ INDUSTRIES LTD | 218.93 | 41.81 | 9,153.9 |
KIRLOSKAR OIL ENGINES LTD | 475.09 | 26.17 | 12,433.1 |
TEGA INDUSTRIES LTD | 195.65 | 57.35 | 11,219.9 |
SHRIRAM PISTONS & RINGS LTD | 515.56 | 21.97 | 11,327.4 |
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 | 21.97x |
Max industry PE | 190.75x |
Median industry PE | 45.94x |
Average industry PE | 60.03x |
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