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HINDUSTAN TIN WORKS
PE (Price/Earnings) Ratio

The Current P/E Ratio of HINDUSTAN TIN WORKS is 14.11.

Share Price ₹191.6Dec 20,2024
Market Cap ₹199.2 Cr
Earnings-TTM₹14.1 CrTTM-Standalone Results
Price/Earnings14.11xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HINDUSTAN TIN WORKS

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 HINDUSTAN TIN WORKS is calculated as :

Current Market Cap [ ₹199.2 Cr] as on Dec 20,2024

(/) Earnings [ ₹14.1 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 14.11x ]

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

Thus, for HINDUSTAN TIN WORKS , the investors are currently willing to pay 14.11 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 HINDUSTAN TIN WORKS !

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 HINDUSTAN TIN WORKS over the last five years.

Historical PE (Price/Earnings) ratio chart of HINDUSTAN TIN WORKS


PE Ratio Performance Analysis for HINDUSTAN TIN WORKS

- HINDUSTAN TIN WORKS 's latest p/e ratio is 14.11x.

- HINDUSTAN TIN WORKS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 5.98x.

- HINDUSTAN TIN WORKS 's operated at median p/e ratio of 5.55x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HINDUSTAN TIN WORKS 's p/e ratio peaked in Mar2024 at 9.83x.

- HINDUSTAN TIN WORKS 's p/e ratio hit its five-year low in Mar2020 of 4.11x.


How does HINDUSTAN TIN WORKS 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HINDUSTAN TIN WORKS 14.1214.11199.2
BHARAT ELECTRONICS LTD4,498.6547.27212,641.0
BHARAT HEAVY ELECTRICALS LTD168.85485.1481,915.5
THERMAX LTD732.6975.6155,395.2
TRIVENI TURBINE LTD315.5276.0924,007.7
KIRLOSKAR OIL ENGINES LTD515.8229.1115,013.6
ELECON ENGINEERING COMPANY LTD346.7838.9213,496.5
PRAJ INDUSTRIES LTD300.3649.5514,883.3
SHRIRAM PISTONS & RINGS LTD467.2719.379,050.7
KIRLOSKAR BROTHERS LTD391.9043.8117,169.8
TEGA INDUSTRIES LTD164.0365.6610,770.1

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs HINDUSTAN TIN WORKS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 14.11x
Max industry PE 485.14x
Median industry PE 47.27x
Average industry PE 85.88x



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