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VASCON ENGINEERS
PE (Price/Earnings) Ratio

The Current P/E Ratio of VASCON ENGINEERS is 19.94.

Share Price ₹73.3Apr 26,2024
Market Cap ₹1,621.9 Cr
Earnings-TTM₹81.3 CrTTM-Consolidated Results
Price/Earnings19.94xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of VASCON ENGINEERS

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 VASCON ENGINEERS is calculated as :

Current Market Cap [ ₹1,621.9 Cr] as on Apr 26,2024

(/) Earnings [ ₹81.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 19.94x ]

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

Thus, for VASCON ENGINEERS , the investors are currently willing to pay 19.94 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 VASCON ENGINEERS !

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 VASCON ENGINEERS over the last five years.

Historical PE (Price/Earnings) ratio chart of VASCON ENGINEERS


PE Ratio Performance Analysis for VASCON ENGINEERS

- VASCON ENGINEERS 's latest p/e ratio is 19.94x.

- VASCON ENGINEERS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 12.60x.

- VASCON ENGINEERS 's operated at median p/e ratio of 5.52x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, VASCON ENGINEERS 's p/e ratio peaked in Mar2019 at 39.61x.

- VASCON ENGINEERS 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does VASCON ENGINEERS 's P/E Ratio benchmark against top 10 peers in Engineering - Construction Industry?

Peer Comparison (Engineering - Construction Industry)Earnings-TTM (Cr)PE RatioMarket Cap
VASCON ENGINEERS 81.3219.941,621.9
LARSEN & TOUBRO LTD15,012.9032.98495,197.0
RAIL VIKAS NIGAM LTD1,375.6443.9360,434.3
GMR AIRPORTS INFRASTRUCTURE LTD-1,531.32-35.7954,800.4
IRB INFRASTRUCTURE DEVELOPERS LTD763.3854.4241,542.3
IRCON INTERNATIONAL LTD865.9827.2423,588.1
KEC INTERNATIONAL LTD267.2069.8818,672.3
KALPATARU PROJECTS INTERNATIONAL LTD487.0039.5819,273.4
NCC LTD693.9822.6115,689.9
GR INFRAPROJECTS LTD1,159.5611.3613,168.1
STERLING AND WILSON RENEWABLE ENERGY LTD-210.82-75.4415,903.7

Engineering - Construction Industry Benchmark (Top 10) PE Analysis vs VASCON ENGINEERS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -75.44x
Max industry PE 69.88x
Median industry PE 27.24x
Average industry PE 19.16x



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