Home > PE Ratio > ABB INDIA

ABB INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of ABB INDIA is 121.34.

Share Price ₹8,375.6May 17,2024
Market Cap ₹177,477.9 Cr
Earnings-TTM₹1,462.6 CrTTM-Standalone Results
Price/Earnings121.34xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for ABB INDIA
Please provide your vote to see the results
ABB INDIA is part of below Screeners ↓
Best Quarterly Growth Large Cap Stocks
Best 1M Momentum Large Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of ABB INDIA

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 ABB INDIA is calculated as :

Current Market Cap [ ₹177,477.9 Cr] as on May 17,2024

(/) Earnings [ ₹1,462.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 121.34x ]

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

Thus, for ABB INDIA , the investors are currently willing to pay 121.34 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 ABB INDIA !

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 ABB INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of ABB INDIA


PE Ratio Performance Analysis for ABB INDIA

- ABB INDIA 's latest p/e ratio is 121.34x.

- ABB INDIA 's p/e ratio for fiscal years ending Dec2023 to Dec2019 averaged 85.04x.

- ABB INDIA 's operated at median p/e ratio of 88.93x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ABB INDIA 's p/e ratio peaked in Dec2020 at 111.46x.

- ABB INDIA 's p/e ratio hit its five-year low in Dec2022 of 55.44x.


How does ABB INDIA 's P/E Ratio benchmark against top 10 peers in Electric Equipment Industry?

Peer Comparison (Electric Equipment Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ABB INDIA 1,462.61121.34177,477.9
SIEMENS LTD2,336.00109.58255,969.0
HAVELLS INDIA LTD1,270.7689.47113,690.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD871.12114.7499,951.3
SUZLON ENERGY LTD726.2280.1158,180.6
HITACHI ENERGY INDIA LTD100.93464.9746,929.4
APAR INDUSTRIES LTD825.7138.8532,076.2
GE T&D INDIA LTD99.41320.9331,903.4
INOX WIND LTD-52.52-378.8919,899.2
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD213.5997.5420,833.1
VGUARD INDUSTRIES LTD257.5862.4116,075.7

Electric Equipment Industry Benchmark (Top 10) PE Analysis vs ABB INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -378.89x
Max industry PE 464.97x
Median industry PE 97.54x
Average industry PE 101.91x



You may also like the below Video Courses