ORIENT ELECTRIC
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The Current P/E Ratio of ORIENT ELECTRIC is 53.23.
Share Price | ₹217.3 | Apr 25,2024 |
Market Cap | ₹4,636.1 Cr | |
Earnings-TTM | ₹87.1 Cr | TTM-Standalone Results |
Price/Earnings | 53.23x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ORIENT ELECTRIC
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
ORIENT ELECTRIC | 87.09 | 53.23 | 4,636.1 |
CROMPTON GREAVES CONSUMER ELECTRICALS LTD | 439.90 | 45.21 | 19,888.1 |
WHIRLPOOL OF INDIA LTD | 208.56 | 92.29 | 19,247.1 |
BAJAJ ELECTRICALS LTD | 158.42 | 68.02 | 10,775.8 |
TTK PRESTIGE LTD | 225.92 | 42.93 | 9,699.5 |
EUREKA FORBES LTD | 94.85 | 103.76 | 9,842.3 |
SYMPHONY LTD | 116.00 | 56.27 | 6,527.8 |
IFB INDUSTRIES LTD | 50.52 | 132.97 | 6,717.4 |
BOROSIL LTD | 89.53 | 45.45 | 4,068.8 |
PG ELECTROPLAST LTD | 105.59 | 49.26 | 5,201.9 |
HAWKINS COOKERS LTD | 98.51 | 34.52 | 3,401.0 |
Consumer Durables - Domestic Appliances Industry Benchmark (Top 10) PE Analysis vs ORIENT ELECTRIC 's P/E Ratio
Top 10 Industry Peers | PE 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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