Home > PE Ratio > PERMANENT MAGNETS

PERMANENT MAGNETS
PE (Price/Earnings) Ratio

The Current P/E Ratio of PERMANENT MAGNETS is 38.45.

Share Price ₹1,229.0Apr 19,2024
Market Cap ₹1,056.9 Cr
Earnings-TTM₹27.5 CrTTM-Standalone Results
Price/Earnings38.45xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for PERMANENT MAGNETS
Please provide your vote to see the results
PERMANENT MAGNETS is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of PERMANENT MAGNETS

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 PERMANENT MAGNETS is calculated as :

Current Market Cap [ ₹1,056.9 Cr] as on Apr 19,2024

(/) Earnings [ ₹27.5 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 38.45x ]

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

Thus, for PERMANENT MAGNETS , the investors are currently willing to pay 38.45 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 latest p/e ratio is 38.45x.

- PERMANENT MAGNETS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 13.77x.

- PERMANENT MAGNETS 's operated at median p/e ratio of 10.22x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PERMANENT MAGNETS 's p/e ratio peaked in Mar2023 at 26.17x.

- PERMANENT MAGNETS 's p/e ratio hit its five-year low in Mar2020 of 4.25x.


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 RatioMarket Cap
PERMANENT MAGNETS 27.4938.451,056.9
SIEMENS LTD2,005.0099.26199,009.0
ABB INDIA LTD1,248.18106.81133,316.0
HAVELLS INDIA LTD1,182.1079.5994,087.1
CG POWER AND INDUSTRIAL SOLUTIONS LTD897.3390.5981,292.3
SUZLON ENERGY LTD726.2273.8753,647.6
HITACHI ENERGY INDIA LTD100.93346.1234,933.9
APAR INDUSTRIES LTD832.2534.1728,441.6
GE T&D INDIA LTD99.41247.7324,626.6
INOX WIND LTD-209.45-88.6318,562.8
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD213.5980.4417,180.8

Electric Equipment Industry Benchmark (Top 10) PE Analysis vs PERMANENT MAGNETS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -88.63x
Max industry PE 346.12x
Median industry PE 80.44x
Average industry PE 100.76x



You may also like the below Video Courses