Home > PE Ratio > PRAJ INDUSTRIES

PRAJ INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of PRAJ INDUSTRIES is 135.59.

Share Price ₹250.8Nov 09,2026
Market Cap ₹4,609.7 Cr
Earnings-TTM₹34.0 CrTTM-Consolidated Results
Price/Earnings135.59xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for PRAJ INDUSTRIES
Please provide your vote to see the results
PRAJ INDUSTRIES is part of below Screeners ↓
Top Undervalued Small Cap Stocks
Best Quarterly Growth Small Cap Stocks

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 [ ₹4,609.7 Cr] as on Nov 09,2026

(/) Earnings [ ₹34.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 135.59x ]

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 135.59 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 135.59x.

- PRAJ INDUSTRIES 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 80.23x.

- PRAJ INDUSTRIES 's operated at median p/e ratio of 46.56x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PRAJ INDUSTRIES 's p/e ratio peaked in Mar2026 at 245.24x.

- PRAJ INDUSTRIES 's p/e ratio hit its five-year low in Mar2023 of 26.12x.


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 34.00135.594,609.7
BHARAT HEAVY ELECTRICALS LTD2,815.5852.19146,943.0
THERMAX LTD584.4156.7633,168.4
KIRLOSKAR OIL ENGINES LTD505.7246.7123,620.9
TRIVENI TURBINE LTD337.3047.3715,976.4
JYOTI CNC AUTOMATION LTD308.8076.1723,522.4
INOX INDIA LTD260.5766.2917,274.1
AZAD ENGINEERING LTD137.61114.2715,724.0
TEGA INDUSTRIES LTD-111.38-114.2412,724.5
ELECON ENGINEERING COMPANY LTD244.6939.389,635.7
KRN HEAT EXCHANGER AND REFRIGERATION LTD115.0355.046,331.8

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

Top 10 Industry PeersPE Ratio
Min industry PE -114.24x
Max industry PE 135.59x
Median industry PE 55.04x
Average industry PE 52.32x



You may also like the below Video Courses