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CONCORD ENVIRO SYSTEMS
PE (Price/Earnings) Ratio

The Current P/E Ratio of CONCORD ENVIRO SYSTEMS is 28.46.

Share Price ₹553.4Apr 17,2025
Market Cap ₹1,145.5 Cr
Earnings-TTM₹40.3 CrTTM-Consolidated Results
Price/Earnings28.46xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of CONCORD ENVIRO SYSTEMS

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 CONCORD ENVIRO SYSTEMS is calculated as :

Current Market Cap [ ₹1,145.5 Cr] as on Apr 17,2025

(/) Earnings [ ₹40.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 28.46x ]

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

Thus, for CONCORD ENVIRO SYSTEMS , the investors are currently willing to pay 28.46 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 CONCORD ENVIRO SYSTEMS !

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 CONCORD ENVIRO SYSTEMS over the last five years.

Historical PE (Price/Earnings) ratio chart of CONCORD ENVIRO SYSTEMS


PE Ratio Performance Analysis for CONCORD ENVIRO SYSTEMS

- CONCORD ENVIRO SYSTEMS 's latest p/e ratio is 28.46x.

- CONCORD ENVIRO SYSTEMS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.00x.

- CONCORD ENVIRO SYSTEMS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, CONCORD ENVIRO SYSTEMS 's p/e ratio peaked in Mar2024 at 0x.

- CONCORD ENVIRO SYSTEMS 's p/e ratio hit its five-year low in Mar2024 of 0x.


How does CONCORD ENVIRO SYSTEMS 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
CONCORD ENVIRO SYSTEMS 40.2528.461,145.5
BHARAT HEAVY ELECTRICALS LTD456.39173.5779,216.9
THERMAX LTD609.5366.4640,507.2
JYOTI CNC AUTOMATION LTD306.6879.3024,319.5
TRIVENI TURBINE LTD339.5747.7316,207.0
KIRLOSKAR BROTHERS LTD422.4031.0813,126.7
ELECON ENGINEERING COMPANY LTD364.1529.0210,565.9
PRAJ INDUSTRIES LTD271.0535.139,522.4
KIRLOSKAR OIL ENGINES LTD494.9921.8710,825.3
TEGA INDUSTRIES LTD182.4152.759,621.4
SHRIRAM PISTONS & RINGS LTD480.4817.208,264.2

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs CONCORD ENVIRO SYSTEMS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 17.20x
Max industry PE 173.57x
Median industry PE 35.13x
Average industry PE 52.96x



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