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SPRAYKING
PE (Price/Earnings) Ratio

The Current P/E Ratio of SPRAYKING is 112.34.

Share Price ₹41.7May 14,2024
Market Cap ₹220.1 Cr
Earnings-TTM₹2.0 CrTTM-Standalone Results
Price/Earnings112.34xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SPRAYKING

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 SPRAYKING is calculated as :

Current Market Cap [ ₹220.1 Cr] as on May 14,2024

(/) Earnings [ ₹2.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 112.34x ]

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

Thus, for SPRAYKING , the investors are currently willing to pay 112.34 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 SPRAYKING !

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 SPRAYKING over the last five years.

Historical PE (Price/Earnings) ratio chart of SPRAYKING


PE Ratio Performance Analysis for SPRAYKING

- SPRAYKING 's latest p/e ratio is 112.34x.

- SPRAYKING 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 32.33x.

- SPRAYKING 's operated at median p/e ratio of 26.46x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SPRAYKING 's p/e ratio peaked in Mar2020 at 86.96x.

- SPRAYKING 's p/e ratio hit its five-year low in Mar2021 of 6.66x.


How does SPRAYKING 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SPRAYKING 1.96112.34220.1
BHARAT ELECTRONICS LTD3,523.8347.90168,783.0
BHARAT HEAVY ELECTRICALS LTD-183.06-548.10100,336.0
THERMAX LTD644.0186.8255,913.5
TRIVENI TURBINE LTD249.2670.7917,645.3
KIRLOSKAR OIL ENGINES LTD438.3737.6916,523.9
ELECON ENGINEERING COMPANY LTD349.1835.2112,295.4
PRAJ INDUSTRIES LTD279.5733.169,270.6
SHRIRAM PISTONS & RINGS LTD438.6820.368,929.8
KIRLOSKAR BROTHERS LTD339.6035.7312,135.3
TEGA INDUSTRIES LTD177.4557.5110,205.9

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs SPRAYKING 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -548.10x
Max industry PE 112.34x
Median industry PE 37.69x
Average industry PE -0.96x



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