SWARAJ ENGINES
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The Current P/E Ratio of SWARAJ ENGINES is 21.35.
| Share Price | ₹2,432.7 | May 03,2024 |
| Market Cap | ₹2,943.5 Cr | |
| Earnings-TTM | ₹137.9 Cr | TTM-Standalone Results |
| Price/Earnings | 21.35x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of SWARAJ ENGINES
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)
Current Market Cap [ ₹2,943.5 Cr] as on May 03,2024
(/) Earnings [ ₹137.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 21.35x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for SWARAJ ENGINES , the investors are currently willing to pay 21.35 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 SWARAJ ENGINES !
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 SWARAJ ENGINES over the last five years.
Thus, for SWARAJ ENGINES , the investors are currently willing to pay 21.35 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 SWARAJ ENGINES !
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 SWARAJ ENGINES over the last five years.
Historical PE (Price/Earnings) ratio chart of SWARAJ ENGINES
PE Ratio Performance Analysis for SWARAJ ENGINES
- SWARAJ ENGINES 's latest p/e ratio is 21.35x.
- SWARAJ ENGINES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 16.35x.
- SWARAJ ENGINES 's operated at median p/e ratio of 15.37x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SWARAJ ENGINES 's p/e ratio peaked in Mar2019 at 20.7x.
- SWARAJ ENGINES 's p/e ratio hit its five-year low in Mar2023 of 13.97x.
- SWARAJ ENGINES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 16.35x.
- SWARAJ ENGINES 's operated at median p/e ratio of 15.37x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SWARAJ ENGINES 's p/e ratio peaked in Mar2019 at 20.7x.
- SWARAJ ENGINES 's p/e ratio hit its five-year low in Mar2023 of 13.97x.
How does SWARAJ ENGINES 's P/E Ratio benchmark against top 10 peers in Diesel Engines Industry?
| Peer Comparison (Diesel Engines Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| SWARAJ ENGINES | 137.87 | 21.35 | 2,943.5 |
| CUMMINS INDIA LTD | 1,300.89 | 72.55 | 94,385.2 |
| GREAVES COTTON LTD | -324.00 | -10.21 | 3,309.5 |
Diesel Engines Industry Benchmark (Top 10) PE Analysis vs SWARAJ ENGINES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -10.21x |
| Max industry PE | 72.55x |
| Median industry PE | 21.35x |
| Average industry PE | 27.90x |
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