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DIXON TECHNOLOGIES (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of DIXON TECHNOLOGIES (INDIA) is 139.20.

Share Price ₹16,874.6Dec 03,2024
Market Cap ₹101,753.8 Cr
Earnings-TTM₹731.0 CrTTM-Consolidated Results
Price/Earnings139.20xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of DIXON TECHNOLOGIES (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 DIXON TECHNOLOGIES (INDIA) is calculated as :

Current Market Cap [ ₹101,753.8 Cr] as on Dec 03,2024

(/) Earnings [ ₹731.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 139.20x ]

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

Thus, for DIXON TECHNOLOGIES (INDIA) , the investors are currently willing to pay 139.20 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 DIXON TECHNOLOGIES (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 DIXON TECHNOLOGIES (INDIA) over the last five years.

Historical PE (Price/Earnings) ratio chart of DIXON TECHNOLOGIES (INDIA)


PE Ratio Performance Analysis for DIXON TECHNOLOGIES (INDIA)

- DIXON TECHNOLOGIES (INDIA) 's latest p/e ratio is 139.20x.

- DIXON TECHNOLOGIES (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 92.85x.

- DIXON TECHNOLOGIES (INDIA) 's operated at median p/e ratio of 121.65x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DIXON TECHNOLOGIES (INDIA) 's p/e ratio peaked in Mar2022 at 134.55x.

- DIXON TECHNOLOGIES (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 6.87x.


How does DIXON TECHNOLOGIES (INDIA) 's P/E Ratio benchmark against top 10 peers in Consumer Durables - Electronics Industry?

Peer Comparison (Consumer Durables - Electronics Industry)Earnings-TTM (Cr)PE RatioMarket Cap
DIXON TECHNOLOGIES (INDIA) 730.99139.20101,753.8
HONEYWELL AUTOMATION INDIA LTD527.7069.0836,456.0
WONDER ELECTRICALS LTD11.82151.121,785.7
MIRC ELECTRONICS LTD-47.77-9.93474.2

Consumer Durables - Electronics Industry Benchmark (Top 10) PE Analysis vs DIXON TECHNOLOGIES (INDIA) 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -9.93x
Max industry PE 151.12x
Median industry PE 139.20x
Average industry PE 87.37x



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