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PERMANENT MAGNETS
PE (Price/Earnings) Ratio

The Current P/E Ratio of PERMANENT MAGNETS is 59.14.

Share Price ₹1,206.8Nov 09,2026
Market Cap ₹1,037.8 Cr
Earnings-TTM₹17.6 CrTTM-Consolidated Results
Price/Earnings59.14xCalculated 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 [ ₹1,037.8 Cr] as on Nov 09,2026

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

(=) P/E Ratio [ 59.14x ]

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 59.14 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 59.14x.

- 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 17.5559.141,037.8
HITACHI ENERGY INDIA LTD1,150.39109.06125,459.0
ABB INDIA LTD1,555.1894.52146,993.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD1,362.7992.37125,882.0
SIEMENS LTD1,454.2089.28129,824.0
GE VERNOVA T&D INDIA LTD1,436.9573.06104,979.0
WAAREE ENERGIES LTD3,878.5618.0169,841.7
HAVELLS INDIA LTD1,637.4144.3972,678.7
SUZLON ENERGY LTD2,259.0023.6053,323.1
APAR INDUSTRIES LTD1,376.6643.2159,483.9
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD161.09158.0425,458.6

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

Top 10 Industry PeersPE Ratio
Min industry PE 18.01x
Max industry PE 158.04x
Median industry PE 73.06x
Average industry PE 73.15x



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