SHRIRAM PISTONS & RINGS
|
The Current P/E Ratio of SHRIRAM PISTONS & RINGS is 25.26.
| Share Price | ₹3,181.9 | Feb 24,2026 |
| Market Cap | ₹14,000.1 Cr | |
| Earnings-TTM | ₹554.2 Cr | TTM-Consolidated Results |
| Price/Earnings | 25.26x | 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 [ ₹14,000.1 Cr] as on Feb 24,2026
(/) Earnings [ ₹554.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 25.26x ]
Thus, for SHRIRAM PISTONS & RINGS , the investors are currently willing to pay 25.26 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 | 554.24 | 25.26 | 14,000.1 |
| BHARAT HEAVY ELECTRICALS LTD | 760.05 | 119.99 | 91,195.2 |
| THERMAX LTD | 681.12 | 55.02 | 37,477.6 |
| JYOTI CNC AUTOMATION LTD | 354.40 | 54.36 | 19,263.9 |
| TRIVENI TURBINE LTD | 343.10 | 44.92 | 15,413.0 |
| KIRLOSKAR BROTHERS LTD | 380.50 | 32.75 | 12,461.6 |
| ELECON ENGINEERING COMPANY LTD | 478.54 | 19.67 | 9,414.7 |
| PRAJ INDUSTRIES LTD | 52.05 | 107.79 | 5,610.9 |
| KIRLOSKAR OIL ENGINES LTD | 529.06 | 38.34 | 20,285.7 |
| TEGA INDUSTRIES LTD | 195.99 | 68.41 | 13,406.9 |
| INOX INDIA LTD | 248.16 | 42.23 | 10,479.1 |
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 | 19.67x |
| Max industry PE | 119.99x |
| Median industry PE | 44.92x |
| Average industry PE | 55.34x |
You may also like the below Video Courses