NITIRAJ ENGINEERS
|
The Current P/E Ratio of NITIRAJ ENGINEERS is 32.37.
| Share Price | ₹193.4 | Oct 31,2025 |
| Market Cap | ₹199.2 Cr | |
| Earnings-TTM | ₹6.2 Cr | TTM-Standalone Results |
| Price/Earnings | 32.37x | 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 [ ₹199.2 Cr] as on Oct 31,2025
(/) Earnings [ ₹6.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 32.37x ]
Thus, for NITIRAJ ENGINEERS , the investors are currently willing to pay 32.37 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 | 32.37 | 199.2 |
| BHARAT HEAVY ELECTRICALS LTD | 502.33 | 184.56 | 92,709.9 |
| THERMAX LTD | 668.73 | 57.37 | 38,367.7 |
| JYOTI CNC AUTOMATION LTD | 336.51 | 58.42 | 19,658.4 |
| TRIVENI TURBINE LTD | 342.60 | 49.65 | 17,011.4 |
| KIRLOSKAR BROTHERS LTD | 403.10 | 36.89 | 14,868.5 |
| ELECON ENGINEERING COMPANY LTD | 513.07 | 24.56 | 12,601.2 |
| PRAJ INDUSTRIES LTD | 140.09 | 44.36 | 6,214.7 |
| KIRLOSKAR OIL ENGINES LTD | 453.51 | 32.02 | 14,521.5 |
| TEGA INDUSTRIES LTD | 194.08 | 66.46 | 12,898.9 |
| SHRIRAM PISTONS & RINGS LTD | 533.30 | 21.58 | 11,506.7 |
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 | 21.58x |
| Max industry PE | 184.56x |
| Median industry PE | 44.36x |
| Average industry PE | 55.29x |
You may also like the below Video Courses