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COCHIN SHIPYARD
PE (Price/Earnings) Ratio

The Current P/E Ratio of COCHIN SHIPYARD is 44.69.

Share Price ₹1,471.8Dec 24,2024
Market Cap ₹38,721.7 Cr
Earnings-TTM₹866.4 CrTTM-Consolidated Results
Price/Earnings44.69xCalculated as Market Cap/Earnings
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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)

Applying the above formula, P/E ratio of COCHIN SHIPYARD is calculated as :

Current Market Cap [ ₹38,721.7 Cr] as on Dec 24,2024

(/) Earnings [ ₹866.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 44.69x ]

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 44.69 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 44.69x.

- 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 RatioMarket Cap
COCHIN SHIPYARD 866.4244.6938,721.7
MAZAGON DOCK SHIPBUILDERS LTD2,437.0938.3193,372.4
GARDEN REACH SHIPBUILDERS & ENGINEERS LTD384.8246.5017,893.0

Ship Building Industry Benchmark (Top 10) PE Analysis vs COCHIN SHIPYARD 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 38.31x
Max industry PE 46.50x
Median industry PE 44.69x
Average industry PE 43.17x



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