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POWER MECH PROJECTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of POWER MECH PROJECTS is 30.55.

Share Price ₹4,761.2May 10,2024
Market Cap ₹7,522.7 Cr
Earnings-TTM₹246.2 CrTTM-Consolidated Results
Price/Earnings30.55xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of POWER MECH PROJECTS

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 POWER MECH PROJECTS is calculated as :

Current Market Cap [ ₹7,522.7 Cr] as on May 10,2024

(/) Earnings [ ₹246.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 30.55x ]

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

Thus, for POWER MECH PROJECTS , the investors are currently willing to pay 30.55 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 POWER MECH PROJECTS !

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 POWER MECH PROJECTS over the last five years.

Historical PE (Price/Earnings) ratio chart of POWER MECH PROJECTS


PE Ratio Performance Analysis for POWER MECH PROJECTS

- POWER MECH PROJECTS 's latest p/e ratio is 30.55x.

- POWER MECH PROJECTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.24x.

- POWER MECH PROJECTS 's operated at median p/e ratio of 8.79x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, POWER MECH PROJECTS 's p/e ratio peaked in Mar2023 at 17.5x.

- POWER MECH PROJECTS 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does POWER MECH PROJECTS 's P/E Ratio benchmark against top 10 peers in Engineering - Construction Industry?

Peer Comparison (Engineering - Construction Industry)Earnings-TTM (Cr)PE RatioMarket Cap
POWER MECH PROJECTS 246.2430.557,522.7
LARSEN & TOUBRO LTD15,569.7028.88449,702.0
RAIL VIKAS NIGAM LTD1,375.6439.5954,460.7
GMR AIRPORTS INFRASTRUCTURE LTD-1,531.32-31.5648,329.8
IRB INFRASTRUCTURE DEVELOPERS LTD920.6741.0737,816.2
IRCON INTERNATIONAL LTD865.9824.8021,472.0
KEC INTERNATIONAL LTD346.7853.6418,600.3
KALPATARU PROJECTS INTERNATIONAL LTD516.0036.7218,945.3
NCC LTD693.9821.9315,222.1
GR INFRAPROJECTS LTD1,159.5611.1012,875.6
STERLING AND WILSON RENEWABLE ENERGY LTD-210.82-78.3216,511.7

Engineering - Construction Industry Benchmark (Top 10) PE Analysis vs POWER MECH PROJECTS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -78.32x
Max industry PE 53.64x
Median industry PE 28.88x
Average industry PE 16.22x



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