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DHP INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of DHP INDIA is 55.48.

Share Price ₹576.4Jan 31,2025
Market Cap ₹172.9 Cr
Earnings-TTM₹3.1 CrTTM-Standalone Results
Price/Earnings55.48xCalculated 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 [ ₹172.9 Cr] as on Jan 31,2025

(/) Earnings [ ₹3.1 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 55.48x ]

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 55.48 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 55.48x.

- DHP INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.54x.

- DHP INDIA 's operated at median p/e ratio of 7.69x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DHP INDIA 's p/e ratio peaked in Mar2020 at 23.23x.

- DHP INDIA 's p/e ratio hit its five-year low in Mar2021 of 4.81x.


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 3.1255.48172.9
BHARAT ELECTRONICS LTD4,951.8043.22214,030.0
BHARAT HEAVY ELECTRICALS LTD456.39158.8172,479.1
THERMAX LTD732.6962.8546,047.9
TRIVENI TURBINE LTD315.5267.2321,211.9
KIRLOSKAR OIL ENGINES LTD515.8225.4213,110.8
ELECON ENGINEERING COMPANY LTD364.1532.7711,933.6
PRAJ INDUSTRIES LTD271.0542.7611,589.4
SHRIRAM PISTONS & RINGS LTD467.2718.828,795.7
KIRLOSKAR BROTHERS LTD391.9037.6214,741.9
TEGA INDUSTRIES LTD164.0361.3810,068.5

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

Top 10 Industry PeersPE Ratio
Min industry PE 18.82x
Max industry PE 158.81x
Median industry PE 43.22x
Average industry PE 55.12x



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