GTV ENGINEERING
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The Current P/E Ratio of GTV ENGINEERING is 24.83.
| Share Price | ₹524.5 | Dec 24,2024 |
| Market Cap | ₹162.6 Cr | |
| Earnings-TTM | ₹6.5 Cr | TTM-Standalone Results |
| Price/Earnings | 24.83x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of GTV ENGINEERING
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)
Current Market Cap [ ₹162.6 Cr] as on Dec 24,2024
(/) Earnings [ ₹6.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 24.83x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for GTV ENGINEERING , the investors are currently willing to pay 24.83 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 GTV 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 GTV ENGINEERING over the last five years.
Thus, for GTV ENGINEERING , the investors are currently willing to pay 24.83 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 GTV 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 GTV ENGINEERING over the last five years.
Historical PE (Price/Earnings) ratio chart of GTV ENGINEERING
PE Ratio Performance Analysis for GTV ENGINEERING
- GTV ENGINEERING 's latest p/e ratio is 24.83x.
- GTV ENGINEERING 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 22.87x.
- GTV ENGINEERING 's operated at median p/e ratio of 17.91x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GTV ENGINEERING 's p/e ratio peaked in Mar2022 at 44.45x.
- GTV ENGINEERING 's p/e ratio hit its five-year low in Mar2020 of 11.29x.
- GTV ENGINEERING 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 22.87x.
- GTV ENGINEERING 's operated at median p/e ratio of 17.91x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GTV ENGINEERING 's p/e ratio peaked in Mar2022 at 44.45x.
- GTV ENGINEERING 's p/e ratio hit its five-year low in Mar2020 of 11.29x.
How does GTV ENGINEERING 's P/E Ratio benchmark against top 10 peers in Engineering Industry?
| Peer Comparison (Engineering Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| GTV ENGINEERING | 6.55 | 24.83 | 162.6 |
| RITES LTD | 430.98 | 31.23 | 13,459.3 |
| ENGINEERS INDIA LTD | 278.19 | 37.60 | 10,459.6 |
| MTAR TECHNOLOGIES LTD | 38.52 | 134.10 | 5,165.5 |
| KENNAMETAL INDIA LTD | 118.50 | 55.78 | 6,610.3 |
| INOX GREEN ENERGY SERVICES LTD | 29.33 | 210.66 | 6,178.7 |
| THEJO ENGINEERING LTD | 54.25 | 41.62 | 2,258.0 |
| DIVGI TORQTRANSFER SYSTEMS LTD | 32.38 | 58.88 | 1,906.9 |
| PITTI ENGINEERING LTD | 112.25 | 45.50 | 5,106.8 |
| DEEP INDUSTRIES LTD | 144.91 | 25.85 | 3,745.9 |
| LOKESH MACHINES LTD | 14.32 | 43.83 | 627.5 |
Engineering Industry Benchmark (Top 10) PE Analysis vs GTV ENGINEERING 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 24.83x |
| Max industry PE | 210.66x |
| Median industry PE | 43.83x |
| Average industry PE | 64.54x |
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