SHRIRAM PISTONS & RINGS
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The Current P/E Ratio of SHRIRAM PISTONS & RINGS is 20.11.
Share Price | ₹2,356.4 | Jul 15,2025 |
Market Cap | ₹10,368.2 Cr | |
Earnings-TTM | ₹515.6 Cr | TTM-Consolidated Results |
Price/Earnings | 20.11x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SHRIRAM PISTONS & RINGS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹10,368.2 Cr] as on Jul 15,2025
(/) Earnings [ ₹515.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 20.11x ]
Thus, for SHRIRAM PISTONS & RINGS , the investors are currently willing to pay 20.11 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 SHRIRAM PISTONS & RINGS !
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 SHRIRAM PISTONS & RINGS over the last five years.
Historical PE (Price/Earnings) ratio chart of SHRIRAM PISTONS & RINGS
PE Ratio Performance Analysis for SHRIRAM PISTONS & RINGS
- SHRIRAM PISTONS & RINGS 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 10.90x.
- SHRIRAM PISTONS & RINGS 's operated at median p/e ratio of 10.04x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHRIRAM PISTONS & RINGS 's p/e ratio peaked in Mar2024 at 19.52x.
- SHRIRAM PISTONS & RINGS 's p/e ratio hit its five-year low in Mar2023 of 3.78x.
How does SHRIRAM PISTONS & RINGS '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 |
---|---|---|---|
SHRIRAM PISTONS & RINGS | 515.56 | 20.11 | 10,368.2 |
BHARAT HEAVY ELECTRICALS LTD | 474.89 | 188.81 | 89,663.1 |
THERMAX LTD | 626.94 | 66.09 | 41,433.6 |
JYOTI CNC AUTOMATION LTD | 316.01 | 73.93 | 23,360.9 |
TRIVENI TURBINE LTD | 358.50 | 58.53 | 20,983.1 |
KIRLOSKAR BROTHERS LTD | 403.30 | 43.58 | 17,575.2 |
ELECON ENGINEERING COMPANY LTD | 510.90 | 27.39 | 13,994.7 |
PRAJ INDUSTRIES LTD | 218.93 | 41.61 | 9,109.8 |
KIRLOSKAR OIL ENGINES LTD | 475.09 | 28.02 | 13,309.7 |
TEGA INDUSTRIES LTD | 195.65 | 63.13 | 12,351.3 |
INOX INDIA LTD | 226.03 | 50.89 | 11,502.0 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs SHRIRAM PISTONS & RINGS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 20.11x |
Max industry PE | 188.81x |
Median industry PE | 50.89x |
Average industry PE | 60.19x |
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