AZAD ENGINEERING
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The Current P/E Ratio of AZAD ENGINEERING is 123.58.
Share Price | ₹1,466.4 | Apr 15,2025 |
Market Cap | ₹9,472.9 Cr | |
Earnings-TTM | ₹76.7 Cr | TTM-Consolidated Results |
Price/Earnings | 123.58x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of AZAD ENGINEERING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹9,472.9 Cr] as on Apr 15,2025
(/) Earnings [ ₹76.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 123.58x ]
Thus, for AZAD ENGINEERING , the investors are currently willing to pay 123.58 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 AZAD ENGINEERING !
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 AZAD ENGINEERING over the last five years.
Historical PE (Price/Earnings) ratio chart of AZAD ENGINEERING
PE Ratio Performance Analysis for AZAD ENGINEERING
- AZAD ENGINEERING 's p/e ratio for fiscal years ending Mar2024 to Mar2021 averaged 34.43x.
- AZAD ENGINEERING 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, AZAD ENGINEERING 's p/e ratio peaked in Mar2024 at 137.71x.
- AZAD ENGINEERING 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does AZAD ENGINEERING 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
AZAD ENGINEERING | 76.65 | 123.58 | 9,472.9 |
BHARAT HEAVY ELECTRICALS LTD | 456.39 | 169.30 | 77,267.0 |
THERMAX LTD | 609.53 | 63.24 | 38,548.2 |
JYOTI CNC AUTOMATION LTD | 306.68 | 78.79 | 24,163.7 |
TRIVENI TURBINE LTD | 339.57 | 47.43 | 16,106.8 |
KIRLOSKAR BROTHERS LTD | 422.40 | 31.10 | 13,135.8 |
ELECON ENGINEERING COMPANY LTD | 364.15 | 28.49 | 10,374.0 |
PRAJ INDUSTRIES LTD | 271.05 | 35.10 | 9,513.3 |
KIRLOSKAR OIL ENGINES LTD | 494.99 | 21.47 | 10,628.6 |
TEGA INDUSTRIES LTD | 182.41 | 53.29 | 9,720.2 |
SHRIRAM PISTONS & RINGS LTD | 480.48 | 16.94 | 8,137.1 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs AZAD ENGINEERING 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 16.94x |
Max industry PE | 169.30x |
Median industry PE | 47.43x |
Average industry PE | 60.79x |
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