TECHNO ELECTRIC & ENGINEERING COMPANY
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The Current P/E Ratio of TECHNO ELECTRIC & ENGINEERING COMPANY is 42.64.
Share Price | ₹771.1 | Mar 28,2024 |
Market Cap | ₹8,297.0 Cr | |
Earnings-TTM | ₹194.6 Cr | TTM-Consolidated Results |
Price/Earnings | 42.64x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of TECHNO ELECTRIC & ENGINEERING COMPANY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
TECHNO ELECTRIC & ENGINEERING COMPANY | 194.59 | 42.64 | 8,297.0 |
LARSEN & TOUBRO LTD | 15,012.90 | 34.56 | 518,814.0 |
RAIL VIKAS NIGAM LTD | 1,375.64 | 38.34 | 52,740.6 |
GMR AIRPORTS INFRASTRUCTURE LTD | -1,531.32 | -32.17 | 49,265.4 |
IRB INFRASTRUCTURE DEVELOPERS LTD | 763.38 | 46.29 | 35,334.2 |
IRCON INTERNATIONAL LTD | 865.98 | 23.77 | 20,587.9 |
KEC INTERNATIONAL LTD | 267.20 | 66.77 | 17,840.7 |
KALPATARU PROJECTS INTERNATIONAL LTD | 487.00 | 35.55 | 17,315.1 |
NCC LTD | 693.98 | 21.03 | 14,591.2 |
GR INFRAPROJECTS LTD | 1,159.56 | 10.91 | 12,648.4 |
STERLING AND WILSON RENEWABLE ENERGY LTD | -633.33 | -19.29 | 12,216.3 |
Engineering - Construction Industry Benchmark (Top 10) PE Analysis vs TECHNO ELECTRIC & ENGINEERING COMPANY 's P/E Ratio
Top 10 Industry Peers | PE 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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