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ISGEC HEAVY ENGINEERING
PE (Price/Earnings) Ratio

The Current P/E Ratio of ISGEC HEAVY ENGINEERING is 35.94.

Share Price ₹1,473.9Dec 03,2024
Market Cap ₹10,833.2 Cr
Earnings-TTM₹301.4 CrTTM-Consolidated Results
Price/Earnings35.94xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ISGEC HEAVY ENGINEERING

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 ISGEC HEAVY ENGINEERING is calculated as :

Current Market Cap [ ₹10,833.2 Cr] as on Dec 03,2024

(/) Earnings [ ₹301.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 35.94x ]

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

Thus, for ISGEC HEAVY ENGINEERING , the investors are currently willing to pay 35.94 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 ISGEC HEAVY ENGINEERING !

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 ISGEC HEAVY ENGINEERING over the last five years.

Historical PE (Price/Earnings) ratio chart of ISGEC HEAVY ENGINEERING


PE Ratio Performance Analysis for ISGEC HEAVY ENGINEERING

- ISGEC HEAVY ENGINEERING 's latest p/e ratio is 35.94x.

- ISGEC HEAVY ENGINEERING 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 21.18x.

- ISGEC HEAVY ENGINEERING 's operated at median p/e ratio of 16.29x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ISGEC HEAVY ENGINEERING 's p/e ratio peaked in Mar2022 at 34.73x.

- ISGEC HEAVY ENGINEERING 's p/e ratio hit its five-year low in Mar2020 of 12.99x.


How does ISGEC HEAVY ENGINEERING 's P/E Ratio benchmark against top 10 peers in Engineering - Construction Industry?

Peer Comparison (Engineering - Construction Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ISGEC HEAVY ENGINEERING 301.4035.9410,833.2
LARSEN & TOUBRO LTD16,151.0032.21520,233.0
RAIL VIKAS NIGAM LTD1,288.5870.8191,240.5
GMR AIRPORTS INFRASTRUCTURE LTD-1,569.48-56.1888,178.0
IRB INFRASTRUCTURE DEVELOPERS LTD939.3235.4033,250.7
IRCON INTERNATIONAL LTD838.2524.5720,597.3
KEC INTERNATIONAL LTD421.6169.3529,236.8
KALPATARU PROJECTS INTERNATIONAL LTD522.5635.7418,674.0
NCC LTD864.5122.8419,745.8
GR INFRAPROJECTS LTD1,044.9515.1615,840.1
STERLING AND WILSON RENEWABLE ENERGY LTD-47.59-251.9411,989.9

Engineering - Construction Industry Benchmark (Top 10) PE Analysis vs ISGEC HEAVY ENGINEERING 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -251.94x
Max industry PE 70.81x
Median industry PE 32.21x
Average industry PE 3.08x



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