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PERMANENT MAGNETS
PE (Price/Earnings) Ratio

The Current P/E Ratio of PERMANENT MAGNETS is 52.96.

Share Price ₹1,080.7Nov 06,2026
Market Cap ₹929.4 Cr
Earnings-TTM₹17.6 CrTTM-Consolidated Results
Price/Earnings52.96xCalculated as Market Cap/Earnings
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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 [ ₹929.4 Cr] as on Nov 06,2026

(/) Earnings [ ₹17.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 52.96x ]

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 52.96 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 52.96x.

- 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 RatioMarket Cap
PERMANENT MAGNETS 17.5552.96929.4
HITACHI ENERGY INDIA LTD1,150.39107.71123,911.0
ABB INDIA LTD1,555.1892.30143,547.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD1,362.7989.36121,785.0
SIEMENS LTD1,454.2087.06126,601.0
GE VERNOVA T&D INDIA LTD1,436.9571.65102,956.0
WAAREE ENERGIES LTD3,878.5618.0770,100.6
HAVELLS INDIA LTD1,637.4143.0470,472.0
SUZLON ENERGY LTD2,259.0023.6153,336.9
APAR INDUSTRIES LTD1,376.6642.8458,969.5
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD161.09157.8425,426.3

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

Top 10 Industry PeersPE Ratio
Min industry PE 18.07x
Max industry PE 157.84x
Median industry PE 71.65x
Average industry PE 71.49x



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