INVESTMENT & PRECISION CASTINGS
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The Current P/E Ratio of INVESTMENT & PRECISION CASTINGS is 69.25.
Share Price | ₹802.9 | Nov 22,2024 |
Market Cap | ₹401.5 Cr | |
Earnings-TTM | ₹5.8 Cr | TTM-Consolidated Results |
Price/Earnings | 69.25x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of INVESTMENT & PRECISION CASTINGS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹401.5 Cr] as on Nov 22,2024
(/) Earnings [ ₹5.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 69.25x ]
Thus, for INVESTMENT & PRECISION CASTINGS , the investors are currently willing to pay 69.25 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 INVESTMENT & PRECISION CASTINGS !
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 INVESTMENT & PRECISION CASTINGS over the last five years.
Historical PE (Price/Earnings) ratio chart of INVESTMENT & PRECISION CASTINGS
PE Ratio Performance Analysis for INVESTMENT & PRECISION CASTINGS
- INVESTMENT & PRECISION CASTINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 240.00x.
- INVESTMENT & PRECISION CASTINGS 's operated at median p/e ratio of 35.04x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INVESTMENT & PRECISION CASTINGS 's p/e ratio peaked in Mar2022 at 922.98x.
- INVESTMENT & PRECISION CASTINGS 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does INVESTMENT & PRECISION CASTINGS 's P/E Ratio benchmark against top 10 peers in Castings/Forgings Industry?
Peer Comparison (Castings/Forgings Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
INVESTMENT & PRECISION CASTINGS | 5.80 | 69.25 | 401.5 |
AIA ENGINEERING LTD | 1,052.84 | 30.29 | 31,885.7 |
PTC INDUSTRIES LTD | 45.00 | 394.74 | 17,763.6 |
ELECTROSTEEL CASTINGS LTD | 871.82 | 10.27 | 8,954.4 |
KIRLOSKAR FERROUS INDUSTRIES LTD | 270.45 | 36.13 | 9,772.4 |
ALICON CASTALLOY LTD | 73.13 | 24.78 | 1,811.8 |
STEELCAST LTD | 62.35 | 24.65 | 1,536.7 |
NELCAST LTD | 48.37 | 19.87 | 960.9 |
UNI ABEX ALLOY PRODUCTS LTD | 29.54 | 20.05 | 592.1 |
SYNERGY GREEN INDUSTRIES LTD | 12.98 | 44.85 | 582.0 |
NITIN CASTINGS LTD | 13.47 | 26.38 | 355.4 |
Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs INVESTMENT & PRECISION CASTINGS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.27x |
Max industry PE | 394.74x |
Median industry PE | 26.38x |
Average industry PE | 63.75x |
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