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ARTEMIS ELECTRICALS AND PROJECTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of ARTEMIS ELECTRICALS AND PROJECTS is 242.50.

Share Price ₹29.4Jan 02,2025
Market Cap ₹737.2 Cr
Earnings-TTM₹3.0 CrTTM-Consolidated Results
Price/Earnings242.50xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ARTEMIS ELECTRICALS AND PROJECTS

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 ARTEMIS ELECTRICALS AND PROJECTS is calculated as :

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 ]

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

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 latest p/e ratio is 242.50x.

- 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 RatioMarket Cap
ARTEMIS ELECTRICALS AND PROJECTS 3.04242.50737.2
SIEMENS LTD2,717.8087.77238,535.0
ABB INDIA LTD1,687.9086.51146,017.0
HAVELLS INDIA LTD1,409.8975.64106,646.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD891.28128.31114,359.0
SUZLON ENERGY LTD960.0589.4685,885.4
HITACHI ENERGY INDIA LTD199.34322.6364,312.7
APAR INDUSTRIES LTD850.2549.6642,222.7
GE T&D INDIA LTD394.80131.7752,023.5
INOX WIND LTD178.98137.4224,596.1
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD197.0097.3519,177.3

Electric Equipment Industry Benchmark (Top 10) PE Analysis vs ARTEMIS ELECTRICALS AND PROJECTS 's P/E Ratio

Top 10 Industry PeersPE 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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