THEJO ENGINEERING
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The Current P/E Ratio of THEJO ENGINEERING is 62.51.
Share Price | ₹3,192.1 | Apr 26,2024 |
Market Cap | ₹3,447.4 Cr | |
Earnings-TTM | ₹55.1 Cr | TTM-Consolidated Results |
Price/Earnings | 62.51x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of THEJO ENGINEERING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹3,447.4 Cr] as on Apr 26,2024
(/) Earnings [ ₹55.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 62.51x ]
Thus, for THEJO ENGINEERING , the investors are currently willing to pay 62.51 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 THEJO ENGINEERING !
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 THEJO ENGINEERING over the last five years.
Historical PE (Price/Earnings) ratio chart of THEJO ENGINEERING
PE Ratio Performance Analysis for THEJO ENGINEERING
- THEJO ENGINEERING 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 17.98x.
- THEJO ENGINEERING 's operated at median p/e ratio of 5.18x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, THEJO ENGINEERING 's p/e ratio peaked in Mar2023 at 43.79x.
- THEJO ENGINEERING 's p/e ratio hit its five-year low in Mar2020 of 2.07x.
How does THEJO ENGINEERING 's P/E Ratio benchmark against top 10 peers in Engineering Industry?
Peer Comparison (Engineering Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
THEJO ENGINEERING | 55.15 | 62.51 | 3,447.4 |
RITES LTD | 494.61 | 33.76 | 16,697.4 |
ENGINEERS INDIA LTD | 427.44 | 31.14 | 13,312.0 |
MTAR TECHNOLOGIES LTD | 82.31 | 70.41 | 5,795.1 |
KENNAMETAL INDIA LTD | 76.30 | 72.34 | 5,519.2 |
INOX GREEN ENERGY SERVICES LTD | 5.48 | 807.95 | 4,427.6 |
DIVGI TORQTRANSFER SYSTEMS LTD | 43.98 | 57.96 | 2,548.8 |
PITTI ENGINEERING LTD | 74.67 | 36.84 | 2,751.0 |
DEEP INDUSTRIES LTD | 160.74 | 11.57 | 1,859.5 |
LOKESH MACHINES LTD | 12.12 | 68.72 | 832.7 |
PRITIKA AUTO INDUSTRIES LTD | 16.72 | 29.02 | 485.2 |
Engineering Industry Benchmark (Top 10) PE Analysis vs THEJO ENGINEERING 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 11.57x |
Max industry PE | 807.95x |
Median industry PE | 57.96x |
Average industry PE | 116.57x |
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