COCHIN SHIPYARD
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The Current P/E Ratio of COCHIN SHIPYARD is 41.39.
| Share Price | ₹1,363.2 | Nov 19,2024 |
| Market Cap | ₹35,864.5 Cr | |
| Earnings-TTM | ₹866.4 Cr | TTM-Consolidated Results |
| Price/Earnings | 41.39x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of COCHIN SHIPYARD
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)
Current Market Cap [ ₹35,864.5 Cr] as on Nov 19,2024
(/) Earnings [ ₹866.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 41.39x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for COCHIN SHIPYARD , the investors are currently willing to pay 41.39 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 COCHIN SHIPYARD !
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 COCHIN SHIPYARD over the last five years.
Thus, for COCHIN SHIPYARD , the investors are currently willing to pay 41.39 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 COCHIN SHIPYARD !
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 COCHIN SHIPYARD over the last five years.
Historical PE (Price/Earnings) ratio chart of COCHIN SHIPYARD
PE Ratio Performance Analysis for COCHIN SHIPYARD
- COCHIN SHIPYARD 's latest p/e ratio is 41.39x.
- COCHIN SHIPYARD 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 12.00x.
- COCHIN SHIPYARD 's operated at median p/e ratio of 8.11x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, COCHIN SHIPYARD 's p/e ratio peaked in Mar2024 at 29.28x.
- COCHIN SHIPYARD 's p/e ratio hit its five-year low in Mar2020 of 5.5x.
- COCHIN SHIPYARD 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 12.00x.
- COCHIN SHIPYARD 's operated at median p/e ratio of 8.11x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, COCHIN SHIPYARD 's p/e ratio peaked in Mar2024 at 29.28x.
- COCHIN SHIPYARD 's p/e ratio hit its five-year low in Mar2020 of 5.5x.
How does COCHIN SHIPYARD 's P/E Ratio benchmark against top 10 peers in Ship Building Industry?
| Peer Comparison (Ship Building Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| COCHIN SHIPYARD | 866.42 | 41.39 | 35,864.5 |
| MAZAGON DOCK SHIPBUILDERS LTD | 2,437.09 | 33.72 | 82,182.6 |
| GARDEN REACH SHIPBUILDERS & ENGINEERS LTD | 384.82 | 42.02 | 16,170.2 |
Ship Building Industry Benchmark (Top 10) PE Analysis vs COCHIN SHIPYARD 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 33.72x |
| Max industry PE | 42.02x |
| Median industry PE | 41.39x |
| Average industry PE | 39.04x |
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