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ABB INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of ABB INDIA is 84.07.

Share Price ₹6,696.6Nov 19,2024
Market Cap ₹141,899.9 Cr
Earnings-TTM₹1,687.9 CrTTM-Standalone Results
Price/Earnings84.07xCalculated as Market Cap/Earnings
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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 [ ₹141,899.9 Cr] as on Nov 19,2024

(/) Earnings [ ₹1,687.9 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 84.07x ]

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 84.07 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 84.07x.

- 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 1,687.9084.07141,899.9
SIEMENS LTD2,458.3096.23236,560.0
HAVELLS INDIA LTD1,409.8972.61102,370.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD891.28122.97109,600.0
SUZLON ENERGY LTD960.0588.6385,087.0
HITACHI ENERGY INDIA LTD199.34249.2649,687.9
APAR INDUSTRIES LTD850.2544.8038,094.8
GE T&D INDIA LTD394.80122.6048,403.0
INOX WIND LTD178.98138.4824,785.1
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD197.0088.9317,519.2
VGUARD INDUSTRIES LTD296.7762.6718,597.1

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

Top 10 Industry PeersPE Ratio
Min industry PE 44.80x
Max industry PE 249.26x
Median industry PE 88.93x
Average industry PE 106.48x



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