WALCHANDNAGAR INDUSTRIES
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The Current P/E Ratio of WALCHANDNAGAR INDUSTRIES is 72.92.
Share Price | ₹240.0 | Apr 24,2024 |
Market Cap | ₹1,329.3 Cr | |
Earnings-TTM | ₹18.2 Cr | TTM-Standalone Results |
Price/Earnings | 72.92x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of WALCHANDNAGAR INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,329.3 Cr] as on Apr 24,2024
(/) Earnings [ ₹18.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 72.92x ]
Thus, for WALCHANDNAGAR INDUSTRIES , the investors are currently willing to pay 72.92 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 WALCHANDNAGAR INDUSTRIES !
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 WALCHANDNAGAR INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of WALCHANDNAGAR INDUSTRIES
PE Ratio Performance Analysis for WALCHANDNAGAR INDUSTRIES
- WALCHANDNAGAR INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.48x.
- WALCHANDNAGAR INDUSTRIES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, WALCHANDNAGAR INDUSTRIES 's p/e ratio peaked in Mar2023 at 12.41x.
- WALCHANDNAGAR INDUSTRIES 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does WALCHANDNAGAR INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
WALCHANDNAGAR INDUSTRIES | 18.23 | 72.92 | 1,329.3 |
BHARAT ELECTRONICS LTD | 3,523.83 | 49.03 | 172,767.0 |
BHARAT HEAVY ELECTRICALS LTD | -183.06 | -502.07 | 91,909.1 |
THERMAX LTD | 612.47 | 86.29 | 52,850.6 |
TRIVENI TURBINE LTD | 249.26 | 68.60 | 17,098.6 |
KIRLOSKAR OIL ENGINES LTD | 370.41 | 37.30 | 13,816.8 |
ELECON ENGINEERING COMPANY LTD | 349.18 | 36.94 | 12,897.4 |
PRAJ INDUSTRIES LTD | 279.57 | 34.20 | 9,560.1 |
SHRIRAM PISTONS & RINGS LTD | 413.60 | 21.82 | 9,023.6 |
KIRLOSKAR BROTHERS LTD | 287.60 | 36.02 | 10,359.7 |
TEGA INDUSTRIES LTD | 177.45 | 56.83 | 10,083.8 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs WALCHANDNAGAR INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -502.07x |
Max industry PE | 86.29x |
Median industry PE | 37.30x |
Average industry PE | -0.19x |
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