SHRIRAM PISTONS & RINGS
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The Current P/E Ratio of SHRIRAM PISTONS & RINGS is 21.97.
| Share Price | ₹2,743.6 | Jan 21,2026 |
| Market Cap | ₹12,071.6 Cr | |
| Earnings-TTM | ₹549.5 Cr | TTM-Consolidated Results |
| Price/Earnings | 21.97x | Calculated as Market Cap/Earnings |
|---|---|---|
| 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 [ ₹12,071.6 Cr] as on Jan 21,2026
(/) Earnings [ ₹549.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 21.97x ]
Thus, for SHRIRAM PISTONS & RINGS , the investors are currently willing to pay 21.97 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 | 549.52 | 21.97 | 12,071.6 |
| BHARAT HEAVY ELECTRICALS LTD | 760.05 | 115.68 | 87,922.1 |
| THERMAX LTD | 590.23 | 59.13 | 34,899.1 |
| JYOTI CNC AUTOMATION LTD | 346.13 | 54.33 | 18,806.8 |
| TRIVENI TURBINE LTD | 343.00 | 43.50 | 14,920.2 |
| KIRLOSKAR BROTHERS LTD | 375.20 | 31.43 | 11,793.8 |
| ELECON ENGINEERING COMPANY LTD | 478.54 | 17.79 | 8,511.5 |
| PRAJ INDUSTRIES LTD | 105.54 | 50.51 | 5,330.6 |
| KIRLOSKAR OIL ENGINES LTD | 487.82 | 32.90 | 16,050.0 |
| TEGA INDUSTRIES LTD | 230.77 | 57.73 | 13,322.8 |
| INOX INDIA LTD | 245.85 | 40.86 | 10,045.2 |
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 | 17.79x |
| Max industry PE | 115.68x |
| Median industry PE | 43.50x |
| Average industry PE | 47.80x |
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