GG ENGINEERING
|
The Current P/E Ratio of GG ENGINEERING is 41.00.
Share Price | ₹1.8 | Dec 03,2024 |
Market Cap | ₹291.5 Cr | |
Earnings-TTM | ₹7.1 Cr | TTM-Consolidated Results |
Price/Earnings | 41.00x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of GG ENGINEERING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹291.5 Cr] as on Dec 03,2024
(/) Earnings [ ₹7.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 41.00x ]
Thus, for GG ENGINEERING , the investors are currently willing to pay 41.00 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 GG ENGINEERING !
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 GG ENGINEERING over the last five years.
Historical PE (Price/Earnings) ratio chart of GG ENGINEERING
PE Ratio Performance Analysis for GG ENGINEERING
- GG ENGINEERING 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 24.10x.
- GG ENGINEERING 's operated at median p/e ratio of 0.79x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GG ENGINEERING 's p/e ratio peaked in Mar2022 at 116.37x.
- GG ENGINEERING 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does GG ENGINEERING 's P/E Ratio benchmark against top 10 peers in Electric Equipment Industry?
Peer Comparison (Electric Equipment Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
GG ENGINEERING | 7.11 | 41.00 | 291.5 |
SIEMENS LTD | 2,717.80 | 101.30 | 275,309.0 |
ABB INDIA LTD | 1,687.90 | 94.64 | 159,751.0 |
HAVELLS INDIA LTD | 1,409.89 | 78.13 | 110,160.0 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 891.28 | 130.52 | 116,329.0 |
SUZLON ENERGY LTD | 960.05 | 92.98 | 89,267.2 |
HITACHI ENERGY INDIA LTD | 199.34 | 259.91 | 51,811.4 |
APAR INDUSTRIES LTD | 850.25 | 48.20 | 40,983.9 |
GE T&D INDIA LTD | 394.80 | 119.62 | 47,225.2 |
INOX WIND LTD | 178.98 | 150.61 | 26,955.9 |
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 197.00 | 100.31 | 19,760.8 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs GG ENGINEERING 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 41.00x |
Max industry PE | 259.91x |
Median industry PE | 100.31x |
Average industry PE | 110.66x |
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