ACTION CONSTRUCTION EQUIPMENT
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The Current P/E Ratio of ACTION CONSTRUCTION EQUIPMENT is 48.55.
Share Price | ₹1,490.8 | Dec 20,2024 |
Market Cap | ₹17,755.4 Cr | |
Earnings-TTM | ₹365.7 Cr | TTM-Consolidated Results |
Price/Earnings | 48.55x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ACTION CONSTRUCTION EQUIPMENT
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹17,755.4 Cr] as on Dec 20,2024
(/) Earnings [ ₹365.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 48.55x ]
Thus, for ACTION CONSTRUCTION EQUIPMENT , the investors are currently willing to pay 48.55 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 ACTION CONSTRUCTION EQUIPMENT !
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 ACTION CONSTRUCTION EQUIPMENT over the last five years.
Historical PE (Price/Earnings) ratio chart of ACTION CONSTRUCTION EQUIPMENT
PE Ratio Performance Analysis for ACTION CONSTRUCTION EQUIPMENT
- ACTION CONSTRUCTION EQUIPMENT 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 27.34x.
- ACTION CONSTRUCTION EQUIPMENT 's operated at median p/e ratio of 27.26x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ACTION CONSTRUCTION EQUIPMENT 's p/e ratio peaked in Mar2024 at 51.75x.
- ACTION CONSTRUCTION EQUIPMENT 's p/e ratio hit its five-year low in Mar2020 of 7.49x.
How does ACTION CONSTRUCTION EQUIPMENT 's P/E Ratio benchmark against top 10 peers in Construction Vehicles Industry?
Peer Comparison (Construction Vehicles Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ACTION CONSTRUCTION EQUIPMENT | 365.69 | 48.55 | 17,755.4 |
BEML LTD | 285.56 | 59.43 | 16,972.2 |
SANGHVI MOVERS LTD | 168.09 | 15.93 | 2,677.8 |
TIL LTD | 270.10 | 7.60 | 2,052.0 |
BRADY & MORRIS ENGINEERING COMPANY LTD | 9.55 | 39.09 | 373.4 |
Construction Vehicles Industry Benchmark (Top 10) PE Analysis vs ACTION CONSTRUCTION EQUIPMENT 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 7.60x |
Max industry PE | 59.43x |
Median industry PE | 39.09x |
Average industry PE | 34.12x |
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