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S&S POWER SWITCHGEAR
PE (Price/Earnings) Ratio

The Current P/E Ratio of S&S POWER SWITCHGEAR is 39.75.

Share Price ₹275.4May 17,2024
Market Cap ₹170.7 Cr
Earnings-TTM₹4.3 CrTTM-Consolidated Results
Price/Earnings39.75xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of S&S POWER SWITCHGEAR

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 S&S POWER SWITCHGEAR is calculated as :

Current Market Cap [ ₹170.7 Cr] as on May 17,2024

(/) Earnings [ ₹4.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 39.75x ]

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

Thus, for S&S POWER SWITCHGEAR , the investors are currently willing to pay 39.75 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 S&S POWER SWITCHGEAR !

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 S&S POWER SWITCHGEAR over the last five years.

Historical PE (Price/Earnings) ratio chart of S&S POWER SWITCHGEAR


PE Ratio Performance Analysis for S&S POWER SWITCHGEAR

- S&S POWER SWITCHGEAR 's latest p/e ratio is 39.75x.

- S&S POWER SWITCHGEAR 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.61x.

- S&S POWER SWITCHGEAR 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, S&S POWER SWITCHGEAR 's p/e ratio peaked in Mar2023 at 8.07x.

- S&S POWER SWITCHGEAR 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does S&S POWER SWITCHGEAR 's P/E Ratio benchmark against top 10 peers in Electric Equipment Industry?

Peer Comparison (Electric Equipment Industry)Earnings-TTM (Cr)PE RatioMarket Cap
S&S POWER SWITCHGEAR 4.3039.75170.7
SIEMENS LTD2,336.00109.74256,342.0
ABB INDIA LTD1,462.61121.93178,329.0
HAVELLS INDIA LTD1,270.7689.87114,197.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD871.12116.21101,234.0
SUZLON ENERGY LTD726.2279.6157,813.1
HITACHI ENERGY INDIA LTD100.93478.0848,252.4
APAR INDUSTRIES LTD825.7139.1432,319.8
GE T&D INDIA LTD99.41336.9733,498.6
INOX WIND LTD-52.52-390.2420,495.6
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD213.59102.4121,874.4

Electric Equipment Industry Benchmark (Top 10) PE Analysis vs S&S POWER SWITCHGEAR 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -390.24x
Max industry PE 478.08x
Median industry PE 102.41x
Average industry PE 102.13x



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