INTERNATIONAL COMBUSTION (INDIA)
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The Current P/E Ratio of INTERNATIONAL COMBUSTION (INDIA) is 20.66.
Share Price | ₹964.6 | Nov 19,2024 |
Market Cap | ₹231.5 Cr | |
Earnings-TTM | ₹11.2 Cr | TTM-Standalone Results |
Price/Earnings | 20.66x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of INTERNATIONAL COMBUSTION (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹231.5 Cr] as on Nov 19,2024
(/) Earnings [ ₹11.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 20.66x ]
Thus, for INTERNATIONAL COMBUSTION (INDIA) , the investors are currently willing to pay 20.66 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 INTERNATIONAL COMBUSTION (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 INTERNATIONAL COMBUSTION (INDIA) over the last five years.
Historical PE (Price/Earnings) ratio chart of INTERNATIONAL COMBUSTION (INDIA)
PE Ratio Performance Analysis for INTERNATIONAL COMBUSTION (INDIA)
- INTERNATIONAL COMBUSTION (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.23x.
- INTERNATIONAL COMBUSTION (INDIA) 's operated at median p/e ratio of 12.44x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INTERNATIONAL COMBUSTION (INDIA) 's p/e ratio peaked in Mar2024 at 20.95x.
- INTERNATIONAL COMBUSTION (INDIA) 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does INTERNATIONAL COMBUSTION (INDIA) 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
INTERNATIONAL COMBUSTION (INDIA) | 11.21 | 20.66 | 231.5 |
BHARAT ELECTRONICS LTD | 4,498.65 | 45.29 | 203,724.0 |
BHARAT HEAVY ELECTRICALS LTD | 168.85 | 466.17 | 78,712.0 |
THERMAX LTD | 732.69 | 75.32 | 55,189.6 |
TRIVENI TURBINE LTD | 315.52 | 69.61 | 21,963.7 |
KIRLOSKAR OIL ENGINES LTD | 515.82 | 31.50 | 16,249.0 |
ELECON ENGINEERING COMPANY LTD | 346.78 | 36.98 | 12,823.3 |
PRAJ INDUSTRIES LTD | 300.36 | 42.48 | 12,758.5 |
SHRIRAM PISTONS & RINGS LTD | 467.27 | 19.11 | 8,931.5 |
KIRLOSKAR BROTHERS LTD | 391.90 | 44.17 | 17,311.2 |
TEGA INDUSTRIES LTD | 164.03 | 73.45 | 12,047.9 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs INTERNATIONAL COMBUSTION (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 19.11x |
Max industry PE | 466.17x |
Median industry PE | 44.17x |
Average industry PE | 84.07x |
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