Home > PE Ratio > PTC INDUSTRIES

PTC INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of PTC INDUSTRIES is 294.29.

Share Price ₹7,500.7Apr 24,2024
Market Cap ₹10,800.9 Cr
Earnings-TTM₹36.7 CrTTM-Consolidated Results
Price/Earnings294.29xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for PTC INDUSTRIES
Please provide your vote to see the results
PTC INDUSTRIES is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals

Definition & Calculation of PE (Price/Earnings) ratio of PTC 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 PTC INDUSTRIES is calculated as :

Current Market Cap [ ₹10,800.9 Cr] as on Apr 24,2024

(/) Earnings [ ₹36.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 294.29x ]

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

Thus, for PTC INDUSTRIES , the investors are currently willing to pay 294.29 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 PTC 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 PTC INDUSTRIES over the last five years.

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


PE Ratio Performance Analysis for PTC INDUSTRIES

- PTC INDUSTRIES 's latest p/e ratio is 294.29x.

- PTC INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2016 averaged 57.72x.

- PTC INDUSTRIES 's operated at median p/e ratio of 67.69x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PTC INDUSTRIES 's p/e ratio peaked in Mar2023 at 121.71x.

- PTC INDUSTRIES 's p/e ratio hit its five-year low in Mar2016 of 6.78x.


How does PTC INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Castings/Forgings Industry?

Peer Comparison (Castings/Forgings Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PTC INDUSTRIES 36.70294.2910,800.9
AIA ENGINEERING LTD1,143.4232.0736,669.4
ELECTROSTEEL CASTINGS LTD602.5020.8612,570.8
KIRLOSKAR FERROUS INDUSTRIES LTD374.4922.218,319.1
ALICON CASTALLOY LTD50.4529.791,502.8
STEELCAST LTD75.8417.491,326.4
NELCAST LTD53.8324.891,339.8
UNI ABEX ALLOY PRODUCTS LTD38.6013.80532.7
SYNERGY GREEN INDUSTRIES LTD11.7443.17506.8
NITIN CASTINGS LTD10.5131.06326.4
INVESTMENT & PRECISION CASTINGS LTD9.9830.14300.9

Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs PTC INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 13.80x
Max industry PE 294.29x
Median industry PE 29.79x
Average industry PE 50.89x



You may also like the below Video Courses