Home > PE Ratio > HAVELLS INDIA

HAVELLS INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of HAVELLS INDIA is 87.67.

Share Price ₹1,777.6May 16,2024
Market Cap ₹111,402.2 Cr
Earnings-TTM₹1,270.8 CrTTM-Consolidated Results
Price/Earnings87.67xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for HAVELLS INDIA
Please provide your vote to see the results
HAVELLS INDIA is part of below Screeners ↓
Top Large Cap Stocks with Best Fundamentals
Best Quarterly Growth Large Cap Stocks
Best 1M Momentum Large Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of HAVELLS 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 HAVELLS INDIA is calculated as :

Current Market Cap [ ₹111,402.2 Cr] as on May 16,2024

(/) Earnings [ ₹1,270.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 87.67x ]

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

Thus, for HAVELLS INDIA , the investors are currently willing to pay 87.67 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 HAVELLS 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 HAVELLS INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of HAVELLS INDIA


PE Ratio Performance Analysis for HAVELLS INDIA

- HAVELLS INDIA 's latest p/e ratio is 87.67x.

- HAVELLS INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 58.97x.

- HAVELLS INDIA 's operated at median p/e ratio of 61.23x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HAVELLS INDIA 's p/e ratio peaked in Mar2023 at 69.47x.

- HAVELLS INDIA 's p/e ratio hit its five-year low in Mar2020 of 40.84x.


How does HAVELLS INDIA 's P/E Ratio benchmark against top 10 peers in Electric Equipment Industry?

Peer Comparison (Electric Equipment Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HAVELLS INDIA 1,270.7687.67111,402.2
SIEMENS LTD2,336.00107.40250,876.0
ABB INDIA LTD1,462.61120.38176,073.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD871.12110.4396,201.6
SUZLON ENERGY LTD726.2280.1158,180.6
HITACHI ENERGY INDIA LTD100.93472.4847,687.2
APAR INDUSTRIES LTD825.7139.1032,281.9
GE T&D INDIA LTD99.41305.6530,385.0
INOX WIND LTD-52.52-378.8919,899.2
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD213.5992.9019,842.1
VGUARD INDUSTRIES LTD257.5863.0516,241.7

Electric Equipment Industry Benchmark (Top 10) PE Analysis vs HAVELLS INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -378.89x
Max industry PE 472.48x
Median industry PE 92.90x
Average industry PE 100.03x



You may also like the below Video Courses