AHLADA ENGINEERS
|
The Current P/E Ratio of AHLADA ENGINEERS is 10.31.
Share Price | ₹92.7 | Dec 24,2024 |
Market Cap | ₹119.6 Cr | |
Earnings-TTM | ₹11.6 Cr | TTM-Standalone Results |
Price/Earnings | 10.31x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of AHLADA ENGINEERS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹119.6 Cr] as on Dec 24,2024
(/) Earnings [ ₹11.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 10.31x ]
Thus, for AHLADA ENGINEERS , the investors are currently willing to pay 10.31 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 AHLADA ENGINEERS !
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 AHLADA ENGINEERS over the last five years.
Historical PE (Price/Earnings) ratio chart of AHLADA ENGINEERS
PE Ratio Performance Analysis for AHLADA ENGINEERS
- AHLADA ENGINEERS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 15.24x.
- AHLADA ENGINEERS 's operated at median p/e ratio of 11.6x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AHLADA ENGINEERS 's p/e ratio peaked in Mar2022 at 25.08x.
- AHLADA ENGINEERS 's p/e ratio hit its five-year low in Mar2020 of 7.65x.
How does AHLADA ENGINEERS 's P/E Ratio benchmark against top 10 peers in Engineering Industry?
Peer Comparison (Engineering Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
AHLADA ENGINEERS | 11.60 | 10.31 | 119.6 |
RITES LTD | 430.98 | 31.23 | 13,459.3 |
ENGINEERS INDIA LTD | 278.19 | 37.60 | 10,459.6 |
MTAR TECHNOLOGIES LTD | 38.52 | 134.10 | 5,165.5 |
KENNAMETAL INDIA LTD | 118.50 | 55.78 | 6,610.3 |
INOX GREEN ENERGY SERVICES LTD | 29.33 | 210.66 | 6,178.7 |
THEJO ENGINEERING LTD | 54.25 | 41.62 | 2,258.0 |
DIVGI TORQTRANSFER SYSTEMS LTD | 32.38 | 58.88 | 1,906.9 |
PITTI ENGINEERING LTD | 112.25 | 45.50 | 5,106.8 |
DEEP INDUSTRIES LTD | 144.91 | 25.85 | 3,745.9 |
LOKESH MACHINES LTD | 14.32 | 43.83 | 627.5 |
Engineering Industry Benchmark (Top 10) PE Analysis vs AHLADA ENGINEERS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.31x |
Max industry PE | 210.66x |
Median industry PE | 43.83x |
Average industry PE | 63.22x |
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