PRADEEP METALS
|
The Current P/E Ratio of PRADEEP METALS is 24.77.
Share Price | ₹264.8 | Apr 23,2024 |
Market Cap | ₹458.0 Cr | |
Earnings-TTM | ₹18.5 Cr | TTM-Consolidated Results |
Price/Earnings | 24.77x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PRADEEP METALS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹458.0 Cr] as on Apr 23,2024
(/) Earnings [ ₹18.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 24.77x ]
Thus, for PRADEEP METALS , the investors are currently willing to pay 24.77 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 PRADEEP METALS !
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 PRADEEP METALS over the last five years.
Historical PE (Price/Earnings) ratio chart of PRADEEP METALS
PE Ratio Performance Analysis for PRADEEP METALS
- PRADEEP METALS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 9.77x.
- PRADEEP METALS 's operated at median p/e ratio of 9.09x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PRADEEP METALS 's p/e ratio peaked in Mar2019 at 12.93x.
- PRADEEP METALS 's p/e ratio hit its five-year low in Mar2021 of 7.59x.
How does PRADEEP METALS '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 |
---|---|---|---|
PRADEEP METALS | 18.49 | 24.77 | 458.0 |
BHARAT ELECTRONICS LTD | 3,523.83 | 48.58 | 171,195.0 |
BHARAT HEAVY ELECTRICALS LTD | -183.06 | -494.84 | 90,585.9 |
THERMAX LTD | 612.47 | 88.38 | 54,130.9 |
TRIVENI TURBINE LTD | 249.26 | 67.68 | 16,869.7 |
KIRLOSKAR OIL ENGINES LTD | 370.41 | 36.87 | 13,658.8 |
ELECON ENGINEERING COMPANY LTD | 349.18 | 36.18 | 12,634.8 |
PRAJ INDUSTRIES LTD | 279.57 | 34.45 | 9,631.8 |
SHRIRAM PISTONS & RINGS LTD | 413.60 | 21.95 | 9,079.8 |
KIRLOSKAR BROTHERS LTD | 287.60 | 35.01 | 10,069.5 |
TEGA INDUSTRIES LTD | 177.45 | 55.91 | 9,921.8 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs PRADEEP METALS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -494.84x |
Max industry PE | 88.38x |
Median industry PE | 36.18x |
Average industry PE | -4.09x |
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