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ESAB INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of ESAB INDIA is 58.16.

Share Price ₹6,233.5Nov 08,2024
Market Cap ₹9,599.6 Cr
Earnings-TTM₹165.1 CrTTM-Standalone Results
Price/Earnings58.16xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ESAB INDIA

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 ESAB INDIA is calculated as :

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 ]

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

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 latest p/e ratio is 58.16x.

- 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 RatioMarket Cap
ESAB INDIA 165.0658.169,599.6
GRAPHITE INDIA LTD1,071.009.4910,168.3
HEG LTD135.1962.078,390.7
ADOR WELDING LTD67.0933.462,245.1
DE NORA INDIA LTD18.3036.36665.3
ADOR FONTECH LTD22.7021.97498.8
GEE LTD12.5235.76447.8
PANASONIC CARBON INDIA COMPANY LTD19.9714.76294.7

Electrodes & Welding Equipment Industry Benchmark (Top 10) PE Analysis vs ESAB INDIA 's P/E Ratio

Top 10 Industry PeersPE 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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