EIMCO ELECON (INDIA)
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The Current P/E Ratio of EIMCO ELECON (INDIA) is 26.86.
Share Price | ₹1,784.8 | Apr 22,2025 |
Market Cap | ₹1,035.2 Cr | |
Earnings-TTM | ₹38.5 Cr | TTM-Consolidated Results |
Price/Earnings | 26.86x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of EIMCO ELECON (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,035.2 Cr] as on Apr 22,2025
(/) Earnings [ ₹38.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 26.86x ]
Thus, for EIMCO ELECON (INDIA) , the investors are currently willing to pay 26.86 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 EIMCO ELECON (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 EIMCO ELECON (INDIA) over the last five years.
Historical PE (Price/Earnings) ratio chart of EIMCO ELECON (INDIA)
PE Ratio Performance Analysis for EIMCO ELECON (INDIA)
- EIMCO ELECON (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 16.61x.
- EIMCO ELECON (INDIA) 's operated at median p/e ratio of 17.16x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, EIMCO ELECON (INDIA) 's p/e ratio peaked in Mar2024 at 22.78x.
- EIMCO ELECON (INDIA) 's p/e ratio hit its five-year low in Mar2023 of 10.54x.
How does EIMCO ELECON (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 Ratio | Market Cap |
---|---|---|---|
EIMCO ELECON (INDIA) | 38.53 | 26.86 | 1,035.2 |
BHARAT HEAVY ELECTRICALS LTD | 456.39 | 174.22 | 79,512.9 |
THERMAX LTD | 609.53 | 67.38 | 41,069.6 |
JYOTI CNC AUTOMATION LTD | 306.68 | 80.85 | 24,794.8 |
TRIVENI TURBINE LTD | 339.57 | 47.71 | 16,202.2 |
KIRLOSKAR BROTHERS LTD | 422.40 | 32.86 | 13,879.1 |
ELECON ENGINEERING COMPANY LTD | 364.15 | 31.56 | 11,491.5 |
PRAJ INDUSTRIES LTD | 271.05 | 35.84 | 9,715.4 |
KIRLOSKAR OIL ENGINES LTD | 494.99 | 22.14 | 10,961.0 |
TEGA INDUSTRIES LTD | 182.41 | 51.47 | 9,387.8 |
SHRIRAM PISTONS & RINGS LTD | 480.48 | 17.46 | 8,389.5 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs EIMCO ELECON (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 17.46x |
Max industry PE | 174.22x |
Median industry PE | 35.84x |
Average industry PE | 53.49x |
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