DIXON TECHNOLOGIES (INDIA)
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The Current P/E Ratio of DIXON TECHNOLOGIES (INDIA) is 139.20.
Share Price | ₹16,874.6 | Dec 03,2024 |
Market Cap | ₹101,753.8 Cr | |
Earnings-TTM | ₹731.0 Cr | TTM-Consolidated Results |
Price/Earnings | 139.20x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of DIXON TECHNOLOGIES (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
DIXON TECHNOLOGIES (INDIA) | 730.99 | 139.20 | 101,753.8 |
HONEYWELL AUTOMATION INDIA LTD | 527.70 | 69.08 | 36,456.0 |
WONDER ELECTRICALS LTD | 11.82 | 151.12 | 1,785.7 |
MIRC ELECTRONICS LTD | -47.77 | -9.93 | 474.2 |
Consumer Durables - Electronics Industry Benchmark (Top 10) PE Analysis vs DIXON TECHNOLOGIES (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE 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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