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PRECISION ELECTRONICS
PE (Price/Earnings) Ratio

The Current P/E Ratio of PRECISION ELECTRONICS is 907.50.

Share Price ₹151.3May 16,2024
Market Cap ₹208.7 Cr
Earnings-TTM₹0.2 CrTTM-Standalone Results
Price/Earnings907.50xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PRECISION ELECTRONICS

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 PRECISION ELECTRONICS is calculated as :

Current Market Cap [ ₹208.7 Cr] as on May 16,2024

(/) Earnings [ ₹0.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 907.50x ]

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

Thus, for PRECISION ELECTRONICS , the investors are currently willing to pay 907.50 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 PRECISION ELECTRONICS !

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 PRECISION ELECTRONICS over the last five years.

Historical PE (Price/Earnings) ratio chart of PRECISION ELECTRONICS


PE Ratio Performance Analysis for PRECISION ELECTRONICS

- PRECISION ELECTRONICS 's latest p/e ratio is 907.50x.

- PRECISION ELECTRONICS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1,086.38x.

- PRECISION ELECTRONICS 's operated at median p/e ratio of 56.88x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PRECISION ELECTRONICS 's p/e ratio peaked in Mar2023 at 5300.04x.

- PRECISION ELECTRONICS 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does PRECISION ELECTRONICS 's P/E Ratio benchmark against top 10 peers in Engineering - Construction Industry?

Peer Comparison (Engineering - Construction Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PRECISION ELECTRONICS 0.23907.50208.7
LARSEN & TOUBRO LTD15,569.7030.55475,589.0
RAIL VIKAS NIGAM LTD1,375.6442.4558,401.4
GMR AIRPORTS INFRASTRUCTURE LTD-1,531.32-32.7150,086.3
IRB INFRASTRUCTURE DEVELOPERS LTD920.6743.1439,718.5
IRCON INTERNATIONAL LTD865.9828.4024,594.5
KEC INTERNATIONAL LTD346.7857.8220,050.3
KALPATARU PROJECTS INTERNATIONAL LTD516.0037.7719,490.3
NCC LTD735.1323.3817,184.2
GR INFRAPROJECTS LTD1,159.5612.7914,831.6
STERLING AND WILSON RENEWABLE ENERGY LTD-210.82-86.1918,171.2

Engineering - Construction Industry Benchmark (Top 10) PE Analysis vs PRECISION ELECTRONICS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -86.19x
Max industry PE 907.50x
Median industry PE 30.55x
Average industry PE 96.81x



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