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ELIN ELECTRONICS
PE (Price/Earnings) Ratio

The Current P/E Ratio of ELIN ELECTRONICS is 40.66.

Share Price ₹128.0Apr 01,2025
Market Cap ₹635.9 Cr
Earnings-TTM₹15.6 CrTTM-Consolidated Results
Price/Earnings40.66xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ELIN ELECTRONICS

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 ELIN ELECTRONICS is calculated as :

Current Market Cap [ ₹635.9 Cr] as on Apr 01,2025

(/) Earnings [ ₹15.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 40.66x ]

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

Thus, for ELIN ELECTRONICS , the investors are currently willing to pay 40.66 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 latest p/e ratio is 40.66x.

- 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 Consumer Durables - Electronics Industry?

Peer Comparison (Consumer Durables - Electronics Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ELIN ELECTRONICS 15.6440.66635.9
DIXON TECHNOLOGIES (INDIA) LTD848.5091.7677,858.3
HONEYWELL AUTOMATION INDIA LTD531.9056.0329,804.4
WONDER ELECTRICALS LTD13.92165.362,301.6
MIRC ELECTRONICS LTD-54.59-4.93269.1

Consumer Durables - Electronics Industry Benchmark (Top 10) PE Analysis vs ELIN ELECTRONICS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -4.93x
Max industry PE 165.36x
Median industry PE 56.03x
Average industry PE 69.78x



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