ABB INDIA
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The Current P/E Ratio of ABB INDIA is 121.34.
Share Price | ₹8,375.6 | May 17,2024 |
Market Cap | ₹177,477.9 Cr | |
Earnings-TTM | ₹1,462.6 Cr | TTM-Standalone Results |
Price/Earnings | 121.34x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ABB INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
ABB INDIA | 1,462.61 | 121.34 | 177,477.9 |
SIEMENS LTD | 2,336.00 | 109.58 | 255,969.0 |
HAVELLS INDIA LTD | 1,270.76 | 89.47 | 113,690.0 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 871.12 | 114.74 | 99,951.3 |
SUZLON ENERGY LTD | 726.22 | 80.11 | 58,180.6 |
HITACHI ENERGY INDIA LTD | 100.93 | 464.97 | 46,929.4 |
APAR INDUSTRIES LTD | 825.71 | 38.85 | 32,076.2 |
GE T&D INDIA LTD | 99.41 | 320.93 | 31,903.4 |
INOX WIND LTD | -52.52 | -378.89 | 19,899.2 |
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 213.59 | 97.54 | 20,833.1 |
VGUARD INDUSTRIES LTD | 257.58 | 62.41 | 16,075.7 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs ABB INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -378.89x |
Max industry PE | 464.97x |
Median industry PE | 97.54x |
Average industry PE | 101.91x |
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