PITTI ENGINEERING
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The Current P/E Ratio of PITTI ENGINEERING is 34.43.
| Share Price | ₹1,136.4 | Sep 21,2026 |
| Market Cap | ₹4,284.0 Cr | |
| Earnings-TTM | ₹124.4 Cr | TTM-Consolidated Results |
| Price/Earnings | 34.43x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of PITTI ENGINEERING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹4,284.0 Cr] as on Sep 21,2026
(/) Earnings [ ₹124.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 34.43x ]
Thus, for PITTI ENGINEERING , the investors are currently willing to pay 34.43 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 PITTI ENGINEERING !
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 PITTI ENGINEERING over the last five years.
Historical PE (Price/Earnings) ratio chart of PITTI ENGINEERING
PE Ratio Performance Analysis for PITTI ENGINEERING
- PITTI ENGINEERING 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 23.19x.
- PITTI ENGINEERING 's operated at median p/e ratio of 21.96x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PITTI ENGINEERING 's p/e ratio peaked in Mar2025 at 32.19x.
- PITTI ENGINEERING 's p/e ratio hit its five-year low in Mar2023 of 14.71x.
How does PITTI ENGINEERING 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
| Peer Comparison (Engineering - Industrial Equipments Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| PITTI ENGINEERING | 124.43 | 34.43 | 4,284.0 |
| BHARAT HEAVY ELECTRICALS LTD | 2,373.63 | 63.56 | 150,860.0 |
| THERMAX LTD | 590.83 | 72.22 | 42,669.3 |
| KIRLOSKAR OIL ENGINES LTD | 534.60 | 58.04 | 31,026.3 |
| TRIVENI TURBINE LTD | 337.30 | 52.37 | 17,664.0 |
| JYOTI CNC AUTOMATION LTD | 321.72 | 78.72 | 25,325.8 |
| INOX INDIA LTD | 254.84 | 74.40 | 18,960.5 |
| AZAD ENGINEERING LTD | 139.29 | 128.08 | 17,839.7 |
| TEGA INDUSTRIES LTD | -6.53 | -2,451.15 | 16,006.0 |
| ELECON ENGINEERING COMPANY LTD | 236.06 | 39.30 | 9,276.7 |
| KRN HEAT EXCHANGER AND REFRIGERATION LTD | 96.94 | 95.65 | 9,272.5 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs PITTI ENGINEERING 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -2,451.15x |
| Max industry PE | 128.08x |
| Median industry PE | 63.56x |
| Average industry PE | -159.49x |
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