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DHP INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of DHP INDIA is 2.97.

Share Price ₹658.3Jul 02,2025
Market Cap ₹197.5 Cr
Earnings-TTM₹66.5 CrTTM-Standalone Results
Price/Earnings2.97xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of DHP INDIA

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 DHP INDIA is calculated as :

Current Market Cap [ ₹197.5 Cr] as on Jul 02,2025

(/) Earnings [ ₹66.5 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 2.97x ]

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

Thus, for DHP INDIA , the investors are currently willing to pay 2.97 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 DHP INDIA !

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 DHP INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of DHP INDIA


PE Ratio Performance Analysis for DHP INDIA

- DHP INDIA 's latest p/e ratio is 2.97x.

- DHP INDIA 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 6.34x.

- DHP INDIA 's operated at median p/e ratio of 5.9x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DHP INDIA 's p/e ratio peaked in Mar2023 at 11.07x.

- DHP INDIA 's p/e ratio hit its five-year low in Mar2025 of 2.24x.


How does DHP INDIA '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
DHP INDIA 66.542.97197.5
BHARAT HEAVY ELECTRICALS LTD474.89191.0890,742.6
THERMAX LTD626.9464.8840,675.2
JYOTI CNC AUTOMATION LTD316.0175.6423,903.3
TRIVENI TURBINE LTD358.5054.8619,668.6
KIRLOSKAR BROTHERS LTD403.3043.5317,556.1
ELECON ENGINEERING COMPANY LTD406.9735.8714,596.1
PRAJ INDUSTRIES LTD218.9341.659,118.1
KIRLOSKAR OIL ENGINES LTD475.0925.9012,303.1
TEGA INDUSTRIES LTD195.6554.5210,666.3
SHRIRAM PISTONS & RINGS LTD515.5620.6410,642.4

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs DHP INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 2.97x
Max industry PE 191.08x
Median industry PE 43.53x
Average industry PE 55.59x



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