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HONEYWELL AUTOMATION INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of HONEYWELL AUTOMATION INDIA is 70.09.

Share Price ₹42,027.9Nov 19,2024
Market Cap ₹36,984.6 Cr
Earnings-TTM₹527.7 CrTTM-Standalone Results
Price/Earnings70.09xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HONEYWELL AUTOMATION 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 HONEYWELL AUTOMATION INDIA is calculated as :

Current Market Cap [ ₹36,984.6 Cr] as on Nov 19,2024

(/) Earnings [ ₹527.7 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 70.09x ]

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

Thus, for HONEYWELL AUTOMATION INDIA , the investors are currently willing to pay 70.09 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 HONEYWELL AUTOMATION 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 HONEYWELL AUTOMATION INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of HONEYWELL AUTOMATION INDIA


PE Ratio Performance Analysis for HONEYWELL AUTOMATION INDIA

- HONEYWELL AUTOMATION INDIA 's latest p/e ratio is 70.09x.

- HONEYWELL AUTOMATION INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 76.41x.

- HONEYWELL AUTOMATION INDIA 's operated at median p/e ratio of 73.2x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HONEYWELL AUTOMATION INDIA 's p/e ratio peaked in Mar2022 at 103.24x.

- HONEYWELL AUTOMATION INDIA 's p/e ratio hit its five-year low in Mar2020 of 46.68x.


How does HONEYWELL AUTOMATION INDIA 's P/E Ratio benchmark against top 10 peers in Consumer Durables - Electronics Industry?

Peer Comparison (Consumer Durables - Electronics Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HONEYWELL AUTOMATION INDIA 527.7070.0936,984.6
DIXON TECHNOLOGIES (INDIA) LTD730.99122.7889,753.7
WONDER ELECTRICALS LTD11.82151.351,788.3
MIRC ELECTRONICS LTD-47.77-9.58457.5

Consumer Durables - Electronics Industry Benchmark (Top 10) PE Analysis vs HONEYWELL AUTOMATION INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -9.58x
Max industry PE 151.35x
Median industry PE 122.78x
Average industry PE 83.66x



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