ELIN ELECTRONICS
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The Current P/E Ratio of ELIN ELECTRONICS is 47.76.
Share Price | ₹162.3 | Feb 06,2025 |
Market Cap | ₹806.4 Cr | |
Earnings-TTM | ₹16.9 Cr | TTM-Consolidated Results |
Price/Earnings | 47.76x | 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 [ ₹806.4 Cr] as on Feb 06,2025
(/) Earnings [ ₹16.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 47.76x ]
Thus, for ELIN ELECTRONICS , the investors are currently willing to pay 47.76 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 | 47.76 | 806.4 |
BHARAT ELECTRONICS LTD | 4,951.80 | 41.31 | 204,564.0 |
BHARAT HEAVY ELECTRICALS LTD | 456.39 | 156.25 | 71,312.7 |
THERMAX LTD | 609.53 | 64.84 | 39,521.8 |
TRIVENI TURBINE LTD | 339.57 | 53.23 | 18,076.1 |
KIRLOSKAR OIL ENGINES LTD | 515.82 | 23.64 | 12,193.6 |
ELECON ENGINEERING COMPANY LTD | 364.15 | 31.78 | 11,572.3 |
PRAJ INDUSTRIES LTD | 271.05 | 42.28 | 11,459.8 |
SHRIRAM PISTONS & RINGS LTD | 480.48 | 18.54 | 8,909.5 |
KIRLOSKAR BROTHERS LTD | 391.90 | 39.38 | 15,431.5 |
TEGA INDUSTRIES LTD | 182.41 | 58.59 | 10,687.6 |
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 | 18.54x |
Max industry PE | 156.25x |
Median industry PE | 42.28x |
Average industry PE | 52.51x |
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