ESAB INDIA
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The Current P/E Ratio of ESAB INDIA is 54.17.
Share Price | ₹5,973.1 | Nov 12,2024 |
Market Cap | ₹9,198.6 Cr | |
Earnings-TTM | ₹169.8 Cr | TTM-Standalone Results |
Price/Earnings | 54.17x | 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 [ ₹9,198.6 Cr] as on Nov 12,2024
(/) Earnings [ ₹169.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 54.17x ]
Thus, for ESAB INDIA , the investors are currently willing to pay 54.17 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 | 169.81 | 54.17 | 9,198.6 |
GRAPHITE INDIA LTD | 463.00 | 21.05 | 9,744.4 |
HEG LTD | 135.19 | 59.33 | 8,021.1 |
ADOR WELDING LTD | 67.09 | 31.18 | 2,091.8 |
DE NORA INDIA LTD | 18.30 | 34.58 | 632.8 |
ADOR FONTECH LTD | 22.70 | 21.97 | 498.8 |
GEE LTD | 12.52 | 34.19 | 428.2 |
PANASONIC CARBON INDIA COMPANY LTD | 19.97 | 14.42 | 287.9 |
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 | 14.42x |
Max industry PE | 59.33x |
Median industry PE | 34.19x |
Average industry PE | 33.86x |
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