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ELGI EQUIPMENTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of ELGI EQUIPMENTS is 41.81.

Share Price ₹422.4Apr 11,2025
Market Cap ₹13,384.3 Cr
Earnings-TTM₹320.1 CrTTM-Consolidated Results
Price/Earnings41.81xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ELGI EQUIPMENTS

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 ELGI EQUIPMENTS is calculated as :

Current Market Cap [ ₹13,384.3 Cr] as on Apr 11,2025

(/) Earnings [ ₹320.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 41.81x ]

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

Thus, for ELGI EQUIPMENTS , the investors are currently willing to pay 41.81 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 ELGI EQUIPMENTS !

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 ELGI EQUIPMENTS over the last five years.

Historical PE (Price/Earnings) ratio chart of ELGI EQUIPMENTS


PE Ratio Performance Analysis for ELGI EQUIPMENTS

- ELGI EQUIPMENTS 's latest p/e ratio is 41.81x.

- ELGI EQUIPMENTS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 45.59x.

- ELGI EQUIPMENTS 's operated at median p/e ratio of 49.65x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ELGI EQUIPMENTS 's p/e ratio peaked in Mar2024 at 61.11x.

- ELGI EQUIPMENTS 's p/e ratio hit its five-year low in Mar2020 of 20.83x.


How does ELGI EQUIPMENTS 's P/E Ratio benchmark against top 10 peers in Compressors / Pumps Industry?

Peer Comparison (Compressors / Pumps Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ELGI EQUIPMENTS 320.1341.8113,384.3
INGERSOLLRAND (INDIA) LTD263.7441.9911,074.0
KSB LTD240.9051.8512,491.7
SHAKTI PUMPS (INDIA) LTD387.7929.0011,244.5
KIRLOSKAR PNEUMATIC COMPANY LTD190.6537.457,139.4
DYNAMATIC TECHNOLOGIES LTD84.0650.554,249.0
WPIL LTD213.5418.563,964.0
ROTO PUMPS LTD33.8639.401,334.2
VELJAN DENISON LTD23.3918.27427.3
LATTEYS INDUSTRIES LTD1.6262.73101.4

Compressors / Pumps Industry Benchmark (Top 10) PE Analysis vs ELGI EQUIPMENTS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 18.27x
Max industry PE 62.73x
Median industry PE 41.81x
Average industry PE 39.16x



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