ELGI EQUIPMENTS
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The Current P/E Ratio of ELGI EQUIPMENTS is 52.88.
Share Price | ₹540.3 | Jan 31,2025 |
Market Cap | ₹17,120.5 Cr | |
Earnings-TTM | ₹323.8 Cr | TTM-Consolidated Results |
Price/Earnings | 52.88x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ELGI EQUIPMENTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹17,120.5 Cr] as on Jan 31,2025
(/) Earnings [ ₹323.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 52.88x ]
Thus, for ELGI EQUIPMENTS , the investors are currently willing to pay 52.88 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 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 Ratio | Market Cap |
---|---|---|---|
ELGI EQUIPMENTS | 323.76 | 52.88 | 17,120.5 |
KSB LTD | 223.80 | 54.67 | 12,235.8 |
INGERSOLLRAND (INDIA) LTD | 241.16 | 48.93 | 11,798.9 |
DYNAMATIC TECHNOLOGIES LTD | 91.77 | 52.12 | 4,783.0 |
KIRLOSKAR PNEUMATIC COMPANY LTD | 190.65 | 38.64 | 7,365.8 |
WPIL LTD | 221.48 | 29.58 | 6,552.3 |
SHAKTI PUMPS (INDIA) LTD | 387.79 | 29.17 | 11,313.6 |
ROTO PUMPS LTD | 36.18 | 48.13 | 1,741.2 |
Compressors / Pumps Industry Benchmark (Top 10) PE Analysis vs ELGI EQUIPMENTS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 29.17x |
Max industry PE | 54.67x |
Median industry PE | 48.93x |
Average industry PE | 44.27x |
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