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SALZER ELECTRONICS
PE (Price/Earnings) Ratio

The Current P/E Ratio of SALZER ELECTRONICS is 32.21.

Share Price ₹807.1Apr 18,2024
Market Cap ₹1,404.3 Cr
Earnings-TTM₹43.6 CrTTM-Consolidated Results
Price/Earnings32.21xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SALZER 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 SALZER ELECTRONICS is calculated as :

Current Market Cap [ ₹1,404.3 Cr] as on Apr 18,2024

(/) Earnings [ ₹43.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 32.21x ]

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

Thus, for SALZER ELECTRONICS , the investors are currently willing to pay 32.21 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 SALZER 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 SALZER ELECTRONICS over the last five years.

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


PE Ratio Performance Analysis for SALZER ELECTRONICS

- SALZER ELECTRONICS 's latest p/e ratio is 32.21x.

- SALZER ELECTRONICS 's p/e ratio for fiscal years ending Mar2023 to Mar2006 averaged 11.69x.

- SALZER ELECTRONICS 's operated at median p/e ratio of 10.59x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SALZER ELECTRONICS 's p/e ratio peaked in Mar2006 at 21.77x.

- SALZER ELECTRONICS 's p/e ratio hit its five-year low in Mar2020 of 3.59x.


How does SALZER ELECTRONICS 's P/E Ratio benchmark against top 10 peers in Electric Equipment Industry?

Peer Comparison (Electric Equipment Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SALZER ELECTRONICS 43.6032.211,404.3
SIEMENS LTD2,005.0099.16198,806.0
ABB INDIA LTD1,248.18108.10134,926.0
HAVELLS INDIA LTD1,182.1079.2693,698.5
CG POWER AND INDUSTRIAL SOLUTIONS LTD897.3389.9980,750.1
SUZLON ENERGY LTD726.2277.1356,016.2
HITACHI ENERGY INDIA LTD100.93348.2835,151.8
APAR INDUSTRIES LTD832.2533.8228,143.5
GE T&D INDIA LTD99.41237.9923,658.7
INOX WIND LTD-209.45-84.3917,676.2
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD213.5984.6618,082.2

Electric Equipment Industry Benchmark (Top 10) PE Analysis vs SALZER ELECTRONICS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -84.39x
Max industry PE 348.28x
Median industry PE 84.66x
Average industry PE 100.56x



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