ELIN ELECTRONICS
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The Current P/E Ratio of ELIN ELECTRONICS is 67.19.
Share Price | ₹216.6 | Oct 31,2024 |
Market Cap | ₹1,076.5 Cr | |
Earnings-TTM | ₹16.0 Cr | TTM-Consolidated Results |
Price/Earnings | 67.19x | 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 [ ₹1,076.5 Cr] as on Oct 31,2024
(/) Earnings [ ₹16.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 67.19x ]
Thus, for ELIN ELECTRONICS , the investors are currently willing to pay 67.19 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 | 16.02 | 67.19 | 1,076.5 |
BHARAT ELECTRONICS LTD | 4,498.65 | 46.28 | 208,219.0 |
BHARAT HEAVY ELECTRICALS LTD | 168.85 | 492.97 | 83,238.7 |
THERMAX LTD | 693.51 | 84.63 | 58,691.6 |
TRIVENI TURBINE LTD | 288.72 | 76.20 | 22,001.8 |
KIRLOSKAR OIL ENGINES LTD | 469.29 | 35.45 | 16,638.0 |
ELECON ENGINEERING COMPANY LTD | 346.78 | 37.19 | 12,896.3 |
PRAJ INDUSTRIES LTD | 300.36 | 45.13 | 13,555.3 |
SHRIRAM PISTONS & RINGS LTD | 467.27 | 20.36 | 9,515.6 |
KIRLOSKAR BROTHERS LTD | 391.90 | 39.10 | 15,325.1 |
TEGA INDUSTRIES LTD | 204.49 | 62.65 | 12,812.1 |
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 | 20.36x |
Max industry PE | 492.97x |
Median industry PE | 46.28x |
Average industry PE | 91.56x |
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