PERMANENT MAGNETS
|
The Current P/E Ratio of PERMANENT MAGNETS is 56.23.
| Share Price | ₹811.4 | Aug 17,2026 |
| Market Cap | ₹697.8 Cr | |
| Earnings-TTM | ₹12.4 Cr | TTM-Consolidated Results |
| Price/Earnings | 56.23x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of PERMANENT MAGNETS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹697.8 Cr] as on Aug 17,2026
(/) Earnings [ ₹12.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 56.23x ]
Thus, for PERMANENT MAGNETS , the investors are currently willing to pay 56.23 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 PERMANENT MAGNETS !
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 PERMANENT MAGNETS over the last five years.
Historical PE (Price/Earnings) ratio chart of PERMANENT MAGNETS
PE Ratio Performance Analysis for PERMANENT MAGNETS
- PERMANENT MAGNETS 's p/e ratio for fiscal years ending Mar2026 to Mar2024 averaged 42.15x.
- PERMANENT MAGNETS 's operated at median p/e ratio of 38.3x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, PERMANENT MAGNETS 's p/e ratio peaked in Mar2024 at 51.92x.
- PERMANENT MAGNETS 's p/e ratio hit its five-year low in Mar2026 of 36.24x.
How does PERMANENT MAGNETS 's P/E Ratio benchmark against top 10 peers in Electric Equipment Industry?
| Peer Comparison (Electric Equipment Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| PERMANENT MAGNETS | 12.41 | 56.23 | 697.8 |
| HITACHI ENERGY INDIA LTD | 1,150.39 | 137.66 | 158,359.0 |
| ABB INDIA LTD | 1,555.18 | 104.35 | 162,279.0 |
| CG POWER AND INDUSTRIAL SOLUTIONS LTD | 1,238.14 | 114.32 | 141,538.0 |
| SIEMENS LTD | 1,238.20 | 113.38 | 140,386.0 |
| GE VERNOVA T&D INDIA LTD | 1,305.04 | 84.17 | 109,844.0 |
| WAAREE ENERGIES LTD | 4,003.13 | 19.45 | 77,867.2 |
| HAVELLS INDIA LTD | 1,601.65 | 50.94 | 81,583.0 |
| SUZLON ENERGY LTD | 3,144.29 | 21.39 | 67,243.6 |
| APAR INDUSTRIES LTD | 1,181.18 | 58.54 | 69,144.4 |
| SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 183.76 | 157.61 | 28,962.7 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs PERMANENT MAGNETS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 19.45x |
| Max industry PE | 157.61x |
| Median industry PE | 84.17x |
| Average industry PE | 83.46x |
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