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AHLADA ENGINEERS
PE (Price/Earnings) Ratio

The Current P/E Ratio of AHLADA ENGINEERS is 10.31.

Share Price ₹92.7Dec 24,2024
Market Cap ₹119.6 Cr
Earnings-TTM₹11.6 CrTTM-Standalone Results
Price/Earnings10.31xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of AHLADA ENGINEERS

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 AHLADA ENGINEERS is calculated as :

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 ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

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 latest p/e ratio is 10.31x.

- 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 RatioMarket Cap
AHLADA ENGINEERS 11.6010.31119.6
RITES LTD430.9831.2313,459.3
ENGINEERS INDIA LTD278.1937.6010,459.6
MTAR TECHNOLOGIES LTD38.52134.105,165.5
KENNAMETAL INDIA LTD118.5055.786,610.3
INOX GREEN ENERGY SERVICES LTD29.33210.666,178.7
THEJO ENGINEERING LTD54.2541.622,258.0
DIVGI TORQTRANSFER SYSTEMS LTD32.3858.881,906.9
PITTI ENGINEERING LTD112.2545.505,106.8
DEEP INDUSTRIES LTD144.9125.853,745.9
LOKESH MACHINES LTD14.3243.83627.5

Engineering Industry Benchmark (Top 10) PE Analysis vs AHLADA ENGINEERS 's P/E Ratio

Top 10 Industry PeersPE 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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