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PITTI ENGINEERING
PE (Price/Earnings) Ratio

The Current P/E Ratio of PITTI ENGINEERING is 33.98.

Share Price ₹1,121.4Aug 28,2026
Market Cap ₹4,227.7 Cr
Earnings-TTM₹124.4 CrTTM-Consolidated Results
Price/Earnings33.98xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PITTI ENGINEERING

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 PITTI ENGINEERING is calculated as :

Current Market Cap [ ₹4,227.7 Cr] as on Aug 28,2026

(/) Earnings [ ₹124.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 33.98x ]

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

Thus, for PITTI ENGINEERING , the investors are currently willing to pay 33.98 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 latest p/e ratio is 33.98x.

- 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 RatioMarket Cap
PITTI ENGINEERING 124.4333.984,227.7
BHARAT HEAVY ELECTRICALS LTD2,373.6363.15149,903.0
THERMAX LTD590.8379.5246,983.3
KIRLOSKAR OIL ENGINES LTD534.6057.8030,898.2
TRIVENI TURBINE LTD337.3054.7018,450.8
JYOTI CNC AUTOMATION LTD321.7273.4623,633.8
INOX INDIA LTD254.8475.6619,282.2
AZAD ENGINEERING LTD139.29132.1718,410.0
TEGA INDUSTRIES LTD-6.53-1,907.2412,454.3
ELECON ENGINEERING COMPANY LTD236.0640.379,530.3
KRN HEAT EXCHANGER AND REFRIGERATION LTD96.94108.9410,560.4

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs PITTI ENGINEERING 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -1,907.24x
Max industry PE 132.17x
Median industry PE 63.15x
Average industry PE -107.95x



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