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PAVNA INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of PAVNA INDUSTRIES is 60.04.

Share Price ₹521.6May 07,2024
Market Cap ₹636.3 Cr
Earnings-TTM₹10.6 CrTTM-Consolidated Results
Price/Earnings60.04xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PAVNA INDUSTRIES

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 PAVNA INDUSTRIES is calculated as :

Current Market Cap [ ₹636.3 Cr] as on May 07,2024

(/) Earnings [ ₹10.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 60.04x ]

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

Thus, for PAVNA INDUSTRIES , the investors are currently willing to pay 60.04 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 PAVNA INDUSTRIES !

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 PAVNA INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of PAVNA INDUSTRIES


PE Ratio Performance Analysis for PAVNA INDUSTRIES

- PAVNA INDUSTRIES 's latest p/e ratio is 60.04x.

- PAVNA INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 13.39x.

- PAVNA INDUSTRIES 's operated at median p/e ratio of 10.55x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, PAVNA INDUSTRIES 's p/e ratio peaked in Mar2023 at 34.94x.

- PAVNA INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does PAVNA INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PAVNA INDUSTRIES 10.6060.04636.3
BHARAT ELECTRONICS LTD3,523.8347.17166,224.0
BHARAT HEAVY ELECTRICALS LTD-183.06-532.9897,567.4
THERMAX LTD612.4788.7054,324.6
TRIVENI TURBINE LTD249.2671.0517,708.9
KIRLOSKAR OIL ENGINES LTD370.4139.3514,577.3
ELECON ENGINEERING COMPANY LTD349.1833.4611,682.8
PRAJ INDUSTRIES LTD279.5734.649,684.2
SHRIRAM PISTONS & RINGS LTD413.6020.488,469.2
KIRLOSKAR BROTHERS LTD287.6036.2410,422.0
TEGA INDUSTRIES LTD177.4554.559,680.3

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs PAVNA INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -532.98x
Max industry PE 88.70x
Median industry PE 39.35x
Average industry PE -4.30x



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