ADOR WELDING
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The Current P/E Ratio of ADOR WELDING is 44.40.
Share Price | ₹881.2 | Feb 14,2025 |
Market Cap | ₹1,533.3 Cr | |
Earnings-TTM | ₹34.5 Cr | TTM-Standalone Results |
Price/Earnings | 44.40x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ADOR WELDING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,533.3 Cr] as on Feb 14,2025
(/) Earnings [ ₹34.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 44.40x ]
Thus, for ADOR WELDING , the investors are currently willing to pay 44.40 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 ADOR WELDING !
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 ADOR WELDING over the last five years.
Historical PE (Price/Earnings) ratio chart of ADOR WELDING
PE Ratio Performance Analysis for ADOR WELDING
- ADOR WELDING 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 15.76x.
- ADOR WELDING 's operated at median p/e ratio of 18.69x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ADOR WELDING 's p/e ratio peaked in Mar2024 at 29.49x.
- ADOR WELDING 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does ADOR WELDING 's P/E Ratio benchmark against top 10 peers in Electrodes & Welding Equipment Industry?
Peer Comparison (Electrodes & Welding Equipment Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ADOR WELDING | 34.53 | 44.40 | 1,533.3 |
GRAPHITE INDIA LTD | 425.00 | 18.85 | 8,013.3 |
ESAB INDIA LTD | 172.24 | 42.87 | 7,384.0 |
HEG LTD | 195.26 | 33.63 | 6,566.1 |
DE NORA INDIA LTD | 4.01 | 99.83 | 400.3 |
ADOR FONTECH LTD | 22.70 | 21.97 | 498.8 |
GEE LTD | 9.03 | 38.02 | 343.3 |
PANASONIC CARBON INDIA COMPANY LTD | 20.60 | 10.78 | 222.1 |
Electrodes & Welding Equipment Industry Benchmark (Top 10) PE Analysis vs ADOR WELDING 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.78x |
Max industry PE | 99.83x |
Median industry PE | 38.02x |
Average industry PE | 38.79x |
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