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PRAJ INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of PRAJ INDUSTRIES is 42.53.

Share Price ₹506.6Jun 13,2025
Market Cap ₹9,310.4 Cr
Earnings-TTM₹218.9 CrTTM-Consolidated Results
Price/Earnings42.53xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PRAJ INDUSTRIES

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 PRAJ INDUSTRIES is calculated as :

Current Market Cap [ ₹9,310.4 Cr] as on Jun 13,2025

(/) Earnings [ ₹218.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 42.53x ]

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

Thus, for PRAJ INDUSTRIES , the investors are currently willing to pay 42.53 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 PRAJ INDUSTRIES !

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 PRAJ INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of PRAJ INDUSTRIES


PE Ratio Performance Analysis for PRAJ INDUSTRIES

- PRAJ INDUSTRIES 's latest p/e ratio is 42.53x.

- PRAJ INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 33.54x.

- PRAJ INDUSTRIES 's operated at median p/e ratio of 34.56x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PRAJ INDUSTRIES 's p/e ratio peaked in Mar2022 at 48.69x.

- PRAJ INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 14.32x.


How does PRAJ INDUSTRIES '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
PRAJ INDUSTRIES 218.9342.539,310.4
BHARAT HEAVY ELECTRICALS LTD474.89185.9188,287.7
THERMAX LTD626.9467.4742,301.1
JYOTI CNC AUTOMATION LTD316.0182.0425,926.2
TRIVENI TURBINE LTD358.5053.2919,102.8
KIRLOSKAR BROTHERS LTD403.3036.0614,544.1
ELECON ENGINEERING COMPANY LTD406.9736.9615,042.7
KIRLOSKAR OIL ENGINES LTD475.0926.9712,813.5
TEGA INDUSTRIES LTD195.6551.2110,019.9
SHRIRAM PISTONS & RINGS LTD515.5620.8110,726.6
INOX INDIA LTD226.0347.5210,741.9

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

Top 10 Industry PeersPE Ratio
Min industry PE 20.81x
Max industry PE 185.91x
Median industry PE 47.52x
Average industry PE 59.16x



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