ESAB INDIA
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The Current P/E Ratio of ESAB INDIA is 58.16.
Share Price | ₹6,233.5 | Nov 08,2024 |
Market Cap | ₹9,599.6 Cr | |
Earnings-TTM | ₹165.1 Cr | TTM-Standalone Results |
Price/Earnings | 58.16x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ESAB INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹9,599.6 Cr] as on Nov 08,2024
(/) Earnings [ ₹165.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 58.16x ]
Thus, for ESAB INDIA , the investors are currently willing to pay 58.16 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 ESAB INDIA !
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 ESAB INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of ESAB INDIA
PE Ratio Performance Analysis for ESAB INDIA
- ESAB INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 42.97x.
- ESAB INDIA 's operated at median p/e ratio of 46.58x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ESAB INDIA 's p/e ratio peaked in Mar2022 at 55.34x.
- ESAB INDIA 's p/e ratio hit its five-year low in Mar2020 of 23.16x.
How does ESAB INDIA 's P/E Ratio benchmark against top 10 peers in Electrodes & Welding Equipment Industry?
Peer Comparison (Electrodes & Welding Equipment Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ESAB INDIA | 165.06 | 58.16 | 9,599.6 |
GRAPHITE INDIA LTD | 1,071.00 | 9.49 | 10,168.3 |
HEG LTD | 135.19 | 62.07 | 8,390.7 |
ADOR WELDING LTD | 67.09 | 33.46 | 2,245.1 |
DE NORA INDIA LTD | 18.30 | 36.36 | 665.3 |
ADOR FONTECH LTD | 22.70 | 21.97 | 498.8 |
GEE LTD | 12.52 | 35.76 | 447.8 |
PANASONIC CARBON INDIA COMPANY LTD | 19.97 | 14.76 | 294.7 |
Electrodes & Welding Equipment Industry Benchmark (Top 10) PE Analysis vs ESAB INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.49x |
Max industry PE | 62.07x |
Median industry PE | 35.76x |
Average industry PE | 34.00x |
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