WALCHANDNAGAR INDUSTRIES
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The Current P/E Ratio of WALCHANDNAGAR INDUSTRIES is 70.35.
Share Price | ₹231.5 | Apr 29,2024 |
Market Cap | ₹1,282.5 Cr | |
Earnings-TTM | ₹18.2 Cr | TTM-Standalone Results |
Price/Earnings | 70.35x | 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 [ ₹1,282.5 Cr] as on Apr 29,2024
(/) Earnings [ ₹18.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 70.35x ]
Thus, for WALCHANDNAGAR INDUSTRIES , the investors are currently willing to pay 70.35 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 | 70.35 | 1,282.5 |
BHARAT ELECTRONICS LTD | 3,523.83 | 48.84 | 172,109.0 |
BHARAT HEAVY ELECTRICALS LTD | -183.06 | -526.51 | 96,383.5 |
THERMAX LTD | 612.47 | 86.63 | 53,057.3 |
TRIVENI TURBINE LTD | 249.26 | 68.74 | 17,133.6 |
KIRLOSKAR OIL ENGINES LTD | 370.41 | 39.46 | 14,615.8 |
ELECON ENGINEERING COMPANY LTD | 349.18 | 37.32 | 13,029.8 |
PRAJ INDUSTRIES LTD | 279.57 | 35.96 | 10,052.7 |
SHRIRAM PISTONS & RINGS LTD | 413.60 | 21.94 | 9,072.9 |
KIRLOSKAR BROTHERS LTD | 287.60 | 35.92 | 10,329.9 |
TEGA INDUSTRIES LTD | 177.45 | 55.38 | 9,827.6 |
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 | -526.51x |
Max industry PE | 86.63x |
Median industry PE | 39.46x |
Average industry PE | -2.36x |
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