PAVNA INDUSTRIES
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The Current P/E Ratio of PAVNA INDUSTRIES is 60.04.
Share Price | ₹521.6 | May 07,2024 |
Market Cap | ₹636.3 Cr | |
Earnings-TTM | ₹10.6 Cr | TTM-Consolidated Results |
Price/Earnings | 60.04x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PAVNA INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
PAVNA INDUSTRIES | 10.60 | 60.04 | 636.3 |
BHARAT ELECTRONICS LTD | 3,523.83 | 47.17 | 166,224.0 |
BHARAT HEAVY ELECTRICALS LTD | -183.06 | -532.98 | 97,567.4 |
THERMAX LTD | 612.47 | 88.70 | 54,324.6 |
TRIVENI TURBINE LTD | 249.26 | 71.05 | 17,708.9 |
KIRLOSKAR OIL ENGINES LTD | 370.41 | 39.35 | 14,577.3 |
ELECON ENGINEERING COMPANY LTD | 349.18 | 33.46 | 11,682.8 |
PRAJ INDUSTRIES LTD | 279.57 | 34.64 | 9,684.2 |
SHRIRAM PISTONS & RINGS LTD | 413.60 | 20.48 | 8,469.2 |
KIRLOSKAR BROTHERS LTD | 287.60 | 36.24 | 10,422.0 |
TEGA INDUSTRIES LTD | 177.45 | 54.55 | 9,680.3 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs PAVNA INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE 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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