ARTEMIS ELECTRICALS AND PROJECTS
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The Current P/E Ratio of ARTEMIS ELECTRICALS AND PROJECTS is 242.50.
Share Price | ₹29.4 | Jan 02,2025 |
Market Cap | ₹737.2 Cr | |
Earnings-TTM | ₹3.0 Cr | TTM-Consolidated Results |
Price/Earnings | 242.50x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ARTEMIS ELECTRICALS AND PROJECTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹737.2 Cr] as on Jan 02,2025
(/) Earnings [ ₹3.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 242.50x ]
Thus, for ARTEMIS ELECTRICALS AND PROJECTS , the investors are currently willing to pay 242.50 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 ARTEMIS ELECTRICALS AND PROJECTS !
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 ARTEMIS ELECTRICALS AND PROJECTS over the last five years.
Historical PE (Price/Earnings) ratio chart of ARTEMIS ELECTRICALS AND PROJECTS
PE Ratio Performance Analysis for ARTEMIS ELECTRICALS AND PROJECTS
- ARTEMIS ELECTRICALS AND PROJECTS 's p/e ratio for fiscal years ending Mar2024 to Mar2022 averaged 94.56x.
- ARTEMIS ELECTRICALS AND PROJECTS 's operated at median p/e ratio of 55.4x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, ARTEMIS ELECTRICALS AND PROJECTS 's p/e ratio peaked in Mar2024 at 228.27x.
- ARTEMIS ELECTRICALS AND PROJECTS 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does ARTEMIS ELECTRICALS AND PROJECTS 's P/E Ratio benchmark against top 10 peers in Electric Equipment Industry?
Peer Comparison (Electric Equipment Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ARTEMIS ELECTRICALS AND PROJECTS | 3.04 | 242.50 | 737.2 |
SIEMENS LTD | 2,717.80 | 87.77 | 238,535.0 |
ABB INDIA LTD | 1,687.90 | 86.51 | 146,017.0 |
HAVELLS INDIA LTD | 1,409.89 | 75.64 | 106,646.0 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 891.28 | 128.31 | 114,359.0 |
SUZLON ENERGY LTD | 960.05 | 89.46 | 85,885.4 |
HITACHI ENERGY INDIA LTD | 199.34 | 322.63 | 64,312.7 |
APAR INDUSTRIES LTD | 850.25 | 49.66 | 42,222.7 |
GE T&D INDIA LTD | 394.80 | 131.77 | 52,023.5 |
INOX WIND LTD | 178.98 | 137.42 | 24,596.1 |
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 197.00 | 97.35 | 19,177.3 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs ARTEMIS ELECTRICALS AND PROJECTS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 49.66x |
Max industry PE | 322.63x |
Median industry PE | 97.35x |
Average industry PE | 131.73x |
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