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ORIENT ELECTRIC
PE (Price/Earnings) Ratio

The Current P/E Ratio of ORIENT ELECTRIC is 53.23.

Share Price ₹217.3Apr 25,2024
Market Cap ₹4,636.1 Cr
Earnings-TTM₹87.1 CrTTM-Standalone Results
Price/Earnings53.23xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ORIENT ELECTRIC

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of ORIENT ELECTRIC is calculated as :

Current Market Cap [ ₹4,636.1 Cr] as on Apr 25,2024

(/) Earnings [ ₹87.1 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 53.23x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for ORIENT ELECTRIC , the investors are currently willing to pay 53.23 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 ORIENT ELECTRIC !

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 ORIENT ELECTRIC over the last five years.

Historical PE (Price/Earnings) ratio chart of ORIENT ELECTRIC


PE Ratio Performance Analysis for ORIENT ELECTRIC

- ORIENT ELECTRIC 's latest p/e ratio is 53.23x.

- ORIENT ELECTRIC 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 56.98x.

- ORIENT ELECTRIC 's operated at median p/e ratio of 53.9x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ORIENT ELECTRIC 's p/e ratio peaked in Mar2023 at 75.85x.

- ORIENT ELECTRIC 's p/e ratio hit its five-year low in Mar2019 of 46.72x.


How does ORIENT ELECTRIC 's P/E Ratio benchmark against top 10 peers in Consumer Durables - Domestic Appliances Industry?

Peer Comparison (Consumer Durables - Domestic Appliances Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ORIENT ELECTRIC 87.0953.234,636.1
CROMPTON GREAVES CONSUMER ELECTRICALS LTD439.9045.2119,888.1
WHIRLPOOL OF INDIA LTD208.5692.2919,247.1
BAJAJ ELECTRICALS LTD158.4268.0210,775.8
TTK PRESTIGE LTD225.9242.939,699.5
EUREKA FORBES LTD94.85103.769,842.3
SYMPHONY LTD116.0056.276,527.8
IFB INDUSTRIES LTD50.52132.976,717.4
BOROSIL LTD89.5345.454,068.8
PG ELECTROPLAST LTD105.5949.265,201.9
HAWKINS COOKERS LTD98.5134.523,401.0

Consumer Durables - Domestic Appliances Industry Benchmark (Top 10) PE Analysis vs ORIENT ELECTRIC 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 34.52x
Max industry PE 132.97x
Median industry PE 53.23x
Average industry PE 65.81x



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