KIRLOSKAR FERROUS INDUSTRIES
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The Current P/E Ratio of KIRLOSKAR FERROUS INDUSTRIES is 36.24.
Share Price | ₹595.4 | Nov 19,2024 |
Market Cap | ₹9,800.3 Cr | |
Earnings-TTM | ₹270.5 Cr | TTM-Consolidated Results |
Price/Earnings | 36.24x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of KIRLOSKAR FERROUS INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹9,800.3 Cr] as on Nov 19,2024
(/) Earnings [ ₹270.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 36.24x ]
Thus, for KIRLOSKAR FERROUS INDUSTRIES , the investors are currently willing to pay 36.24 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 KIRLOSKAR FERROUS INDUSTRIES !
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 KIRLOSKAR FERROUS INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of KIRLOSKAR FERROUS INDUSTRIES
PE Ratio Performance Analysis for KIRLOSKAR FERROUS INDUSTRIES
- KIRLOSKAR FERROUS INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2022 averaged 18.68x.
- KIRLOSKAR FERROUS INDUSTRIES 's operated at median p/e ratio of 17.43x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, KIRLOSKAR FERROUS INDUSTRIES 's p/e ratio peaked in Mar2024 at 30.04x.
- KIRLOSKAR FERROUS INDUSTRIES 's p/e ratio hit its five-year low in Mar2022 of 8.58x.
How does KIRLOSKAR FERROUS INDUSTRIES '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 |
---|---|---|---|
KIRLOSKAR FERROUS INDUSTRIES | 270.45 | 36.24 | 9,800.3 |
AIA ENGINEERING LTD | 1,052.84 | 30.20 | 31,798.0 |
PTC INDUSTRIES LTD | 45.00 | 396.95 | 17,863.1 |
ELECTROSTEEL CASTINGS LTD | 871.82 | 10.21 | 8,901.9 |
ALICON CASTALLOY LTD | 73.13 | 25.19 | 1,842.4 |
STEELCAST LTD | 62.35 | 24.33 | 1,517.0 |
NELCAST LTD | 48.37 | 20.09 | 971.8 |
UNI ABEX ALLOY PRODUCTS LTD | 29.54 | 19.92 | 588.4 |
SYNERGY GREEN INDUSTRIES LTD | 12.98 | 45.14 | 585.9 |
NITIN CASTINGS LTD | 13.47 | 26.89 | 362.4 |
INVESTMENT & PRECISION CASTINGS LTD | 5.80 | 69.09 | 400.5 |
Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs KIRLOSKAR FERROUS INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.21x |
Max industry PE | 396.95x |
Median industry PE | 26.89x |
Average industry PE | 64.02x |
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