ELIN ELECTRONICS
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The Current P/E Ratio of ELIN ELECTRONICS is 61.40.
Share Price | ₹208.6 | Dec 26,2024 |
Market Cap | ₹1,036.7 Cr | |
Earnings-TTM | ₹16.9 Cr | TTM-Consolidated Results |
Price/Earnings | 61.40x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ELIN ELECTRONICS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,036.7 Cr] as on Dec 26,2024
(/) Earnings [ ₹16.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 61.40x ]
Thus, for ELIN ELECTRONICS , the investors are currently willing to pay 61.40 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 ELIN ELECTRONICS !
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 ELIN ELECTRONICS over the last five years.
Historical PE (Price/Earnings) ratio chart of ELIN ELECTRONICS
PE Ratio Performance Analysis for ELIN ELECTRONICS
- ELIN ELECTRONICS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 13.51x.
- ELIN ELECTRONICS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ELIN ELECTRONICS 's p/e ratio peaked in Mar2024 at 45.94x.
- ELIN ELECTRONICS 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does ELIN ELECTRONICS '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 |
---|---|---|---|
ELIN ELECTRONICS | 16.88 | 61.40 | 1,036.7 |
BHARAT ELECTRONICS LTD | 4,498.65 | 47.99 | 215,894.0 |
BHARAT HEAVY ELECTRICALS LTD | 168.85 | 498.65 | 84,196.3 |
THERMAX LTD | 732.69 | 72.85 | 53,373.1 |
TRIVENI TURBINE LTD | 315.52 | 74.37 | 23,465.7 |
KIRLOSKAR OIL ENGINES LTD | 515.82 | 28.81 | 14,859.0 |
ELECON ENGINEERING COMPANY LTD | 346.78 | 41.53 | 14,402.0 |
PRAJ INDUSTRIES LTD | 300.36 | 49.77 | 14,947.7 |
SHRIRAM PISTONS & RINGS LTD | 467.27 | 19.49 | 9,108.4 |
KIRLOSKAR BROTHERS LTD | 391.90 | 40.33 | 15,803.6 |
TEGA INDUSTRIES LTD | 164.03 | 62.47 | 10,247.1 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs ELIN ELECTRONICS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 19.49x |
Max industry PE | 498.65x |
Median industry PE | 49.77x |
Average industry PE | 90.69x |
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