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TECHNO ELECTRIC & ENGINEERING COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of TECHNO ELECTRIC & ENGINEERING COMPANY is 42.64.

Share Price ₹771.1Mar 28,2024
Market Cap ₹8,297.0 Cr
Earnings-TTM₹194.6 CrTTM-Consolidated Results
Price/Earnings42.64xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TECHNO ELECTRIC & ENGINEERING COMPANY

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 TECHNO ELECTRIC & ENGINEERING COMPANY is calculated as :

Current Market Cap [ ₹8,297.0 Cr] as on Mar 28,2024

(/) Earnings [ ₹194.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 42.64x ]

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

Thus, for TECHNO ELECTRIC & ENGINEERING COMPANY , the investors are currently willing to pay 42.64 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 TECHNO ELECTRIC & ENGINEERING COMPANY !

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 TECHNO ELECTRIC & ENGINEERING COMPANY over the last five years.

Historical PE (Price/Earnings) ratio chart of TECHNO ELECTRIC & ENGINEERING COMPANY


PE Ratio Performance Analysis for TECHNO ELECTRIC & ENGINEERING COMPANY

- TECHNO ELECTRIC & ENGINEERING COMPANY 's latest p/e ratio is 42.64x.

- TECHNO ELECTRIC & ENGINEERING COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 15.75x.

- TECHNO ELECTRIC & ENGINEERING COMPANY 's operated at median p/e ratio of 16.07x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TECHNO ELECTRIC & ENGINEERING COMPANY 's p/e ratio peaked in Mar2023 at 19.42x.

- TECHNO ELECTRIC & ENGINEERING COMPANY 's p/e ratio hit its five-year low in Mar2022 of 10.31x.


How does TECHNO ELECTRIC & ENGINEERING COMPANY 's P/E Ratio benchmark against top 10 peers in Engineering - Construction Industry?

Peer Comparison (Engineering - Construction Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TECHNO ELECTRIC & ENGINEERING COMPANY 194.5942.648,297.0
LARSEN & TOUBRO LTD15,012.9034.56518,814.0
RAIL VIKAS NIGAM LTD1,375.6438.3452,740.6
GMR AIRPORTS INFRASTRUCTURE LTD-1,531.32-32.1749,265.4
IRB INFRASTRUCTURE DEVELOPERS LTD763.3846.2935,334.2
IRCON INTERNATIONAL LTD865.9823.7720,587.9
KEC INTERNATIONAL LTD267.2066.7717,840.7
KALPATARU PROJECTS INTERNATIONAL LTD487.0035.5517,315.1
NCC LTD693.9821.0314,591.2
GR INFRAPROJECTS LTD1,159.5610.9112,648.4
STERLING AND WILSON RENEWABLE ENERGY LTD-633.33-19.2912,216.3

Engineering - Construction Industry Benchmark (Top 10) PE Analysis vs TECHNO ELECTRIC & ENGINEERING COMPANY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -32.17x
Max industry PE 66.77x
Median industry PE 34.56x
Average industry PE 24.40x



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