PERMANENT MAGNETS
|
The Current P/E Ratio of PERMANENT MAGNETS is 37.62.
Share Price | ₹1,202.3 | May 06,2024 |
Market Cap | ₹1,033.9 Cr | |
Earnings-TTM | ₹27.5 Cr | TTM-Standalone Results |
Price/Earnings | 37.62x | Calculated as Market Cap/Earnings |
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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 [ ₹1,033.9 Cr] as on May 06,2024
(/) Earnings [ ₹27.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 37.62x ]
Thus, for PERMANENT MAGNETS , the investors are currently willing to pay 37.62 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 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 Ratio | Market Cap |
---|---|---|---|
PERMANENT MAGNETS | 27.49 | 37.62 | 1,033.9 |
SIEMENS LTD | 2,005.00 | 108.43 | 217,397.0 |
ABB INDIA LTD | 1,248.18 | 117.86 | 147,113.0 |
HAVELLS INDIA LTD | 1,270.76 | 82.69 | 105,073.0 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 871.12 | 95.92 | 83,560.4 |
SUZLON ENERGY LTD | 726.22 | 76.18 | 55,322.0 |
HITACHI ENERGY INDIA LTD | 100.93 | 387.87 | 39,148.2 |
APAR INDUSTRIES LTD | 832.25 | 37.14 | 30,907.7 |
GE T&D INDIA LTD | 99.41 | 285.52 | 28,384.0 |
INOX WIND LTD | -52.52 | -376.28 | 19,762.3 |
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 213.59 | 93.41 | 19,952.0 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs PERMANENT MAGNETS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -376.28x |
Max industry PE | 387.87x |
Median industry PE | 93.41x |
Average industry PE | 86.03x |
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