ISGEC HEAVY ENGINEERING
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The Current P/E Ratio of ISGEC HEAVY ENGINEERING is 35.94.
Share Price | ₹1,473.9 | Dec 03,2024 |
Market Cap | ₹10,833.2 Cr | |
Earnings-TTM | ₹301.4 Cr | TTM-Consolidated Results |
Price/Earnings | 35.94x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of ISGEC HEAVY ENGINEERING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
ISGEC HEAVY ENGINEERING | 301.40 | 35.94 | 10,833.2 |
LARSEN & TOUBRO LTD | 16,151.00 | 32.21 | 520,233.0 |
RAIL VIKAS NIGAM LTD | 1,288.58 | 70.81 | 91,240.5 |
GMR AIRPORTS INFRASTRUCTURE LTD | -1,569.48 | -56.18 | 88,178.0 |
IRB INFRASTRUCTURE DEVELOPERS LTD | 939.32 | 35.40 | 33,250.7 |
IRCON INTERNATIONAL LTD | 838.25 | 24.57 | 20,597.3 |
KEC INTERNATIONAL LTD | 421.61 | 69.35 | 29,236.8 |
KALPATARU PROJECTS INTERNATIONAL LTD | 522.56 | 35.74 | 18,674.0 |
NCC LTD | 864.51 | 22.84 | 19,745.8 |
GR INFRAPROJECTS LTD | 1,044.95 | 15.16 | 15,840.1 |
STERLING AND WILSON RENEWABLE ENERGY LTD | -47.59 | -251.94 | 11,989.9 |
Engineering - Construction Industry Benchmark (Top 10) PE Analysis vs ISGEC HEAVY ENGINEERING 's P/E Ratio
Top 10 Industry Peers | PE 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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