Home > PE Ratio > INVESTMENT & PRECISION CASTINGS

INVESTMENT & PRECISION CASTINGS
PE (Price/Earnings) Ratio

The Current P/E Ratio of INVESTMENT & PRECISION CASTINGS is 69.25.

Share Price ₹802.9Nov 22,2024
Market Cap ₹401.5 Cr
Earnings-TTM₹5.8 CrTTM-Consolidated Results
Price/Earnings69.25xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for INVESTMENT & PRECISION CASTINGS
Please provide your vote to see the results

Definition & Calculation of PE (Price/Earnings) ratio of INVESTMENT & PRECISION CASTINGS

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 INVESTMENT & PRECISION CASTINGS is calculated as :

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 ]

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

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 latest p/e ratio is 69.25x.

- 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 RatioMarket Cap
INVESTMENT & PRECISION CASTINGS 5.8069.25401.5
AIA ENGINEERING LTD1,052.8430.2931,885.7
PTC INDUSTRIES LTD45.00394.7417,763.6
ELECTROSTEEL CASTINGS LTD871.8210.278,954.4
KIRLOSKAR FERROUS INDUSTRIES LTD270.4536.139,772.4
ALICON CASTALLOY LTD73.1324.781,811.8
STEELCAST LTD62.3524.651,536.7
NELCAST LTD48.3719.87960.9
UNI ABEX ALLOY PRODUCTS LTD29.5420.05592.1
SYNERGY GREEN INDUSTRIES LTD12.9844.85582.0
NITIN CASTINGS LTD13.4726.38355.4

Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs INVESTMENT & PRECISION CASTINGS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 10.27x
Max industry PE 394.74x
Median industry PE 26.38x
Average industry PE 63.75x



You may also like the below Video Courses