RUNGTA IRRIGATION
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The Current P/E Ratio of RUNGTA IRRIGATION is 24.42.
Share Price | ₹67.7 | May 18,2024 |
Market Cap | ₹134.7 Cr | |
Earnings-TTM | ₹5.5 Cr | TTM-Standalone Results |
Price/Earnings | 24.42x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RUNGTA IRRIGATION
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹134.7 Cr] as on May 18,2024
(/) Earnings [ ₹5.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 24.42x ]
Thus, for RUNGTA IRRIGATION , the investors are currently willing to pay 24.42 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 RUNGTA IRRIGATION !
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 RUNGTA IRRIGATION over the last five years.
Historical PE (Price/Earnings) ratio chart of RUNGTA IRRIGATION
PE Ratio Performance Analysis for RUNGTA IRRIGATION
- RUNGTA IRRIGATION 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 18.80x.
- RUNGTA IRRIGATION 's operated at median p/e ratio of 14.27x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RUNGTA IRRIGATION 's p/e ratio peaked in Mar2023 at 51.71x.
- RUNGTA IRRIGATION 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does RUNGTA IRRIGATION '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 |
---|---|---|---|
RUNGTA IRRIGATION | 5.52 | 24.42 | 134.7 |
BHARAT ELECTRONICS LTD | 3,523.83 | 53.70 | 189,214.0 |
BHARAT HEAVY ELECTRICALS LTD | -183.06 | -589.76 | 107,961.0 |
THERMAX LTD | 644.01 | 92.11 | 59,319.0 |
TRIVENI TURBINE LTD | 269.31 | 75.32 | 20,285.3 |
KIRLOSKAR OIL ENGINES LTD | 438.37 | 42.63 | 18,688.0 |
ELECON ENGINEERING COMPANY LTD | 349.18 | 36.75 | 12,831.8 |
PRAJ INDUSTRIES LTD | 279.57 | 34.28 | 9,584.0 |
SHRIRAM PISTONS & RINGS LTD | 438.68 | 20.76 | 9,108.4 |
KIRLOSKAR BROTHERS LTD | 339.60 | 43.13 | 14,645.4 |
TEGA INDUSTRIES LTD | 177.45 | 58.44 | 10,370.5 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs RUNGTA IRRIGATION 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -589.76x |
Max industry PE | 92.11x |
Median industry PE | 42.63x |
Average industry PE | -9.84x |
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