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LOKESH MACHINES
PE (Price/Earnings) Ratio

The Current P/E Ratio of LOKESH MACHINES is 36.00.

Share Price ₹268.4Jan 29,2025
Market Cap ₹515.3 Cr
Earnings-TTM₹14.3 CrTTM-Standalone Results
Price/Earnings36.00xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of LOKESH MACHINES

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 LOKESH MACHINES is calculated as :

Current Market Cap [ ₹515.3 Cr] as on Jan 29,2025

(/) Earnings [ ₹14.3 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 36.00x ]

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

Thus, for LOKESH MACHINES , the investors are currently willing to pay 36.00 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 LOKESH MACHINES !

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 LOKESH MACHINES over the last five years.

Historical PE (Price/Earnings) ratio chart of LOKESH MACHINES


PE Ratio Performance Analysis for LOKESH MACHINES

- LOKESH MACHINES 's latest p/e ratio is 36.00x.

- LOKESH MACHINES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 21.22x.

- LOKESH MACHINES 's operated at median p/e ratio of 20.36x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, LOKESH MACHINES 's p/e ratio peaked in Mar2024 at 49.46x.

- LOKESH MACHINES 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does LOKESH MACHINES 's P/E Ratio benchmark against top 10 peers in Engineering Industry?

Peer Comparison (Engineering Industry)Earnings-TTM (Cr)PE RatioMarket Cap
LOKESH MACHINES 14.3236.00515.3
RITES LTD408.1429.7512,142.5
ENGINEERS INDIA LTD278.1932.969,169.7
MTAR TECHNOLOGIES LTD38.52122.364,713.3
KENNAMETAL INDIA LTD118.5042.044,981.3
INOX GREEN ENERGY SERVICES LTD29.33195.335,729.1
THEJO ENGINEERING LTD54.2533.551,820.4
DIVGI TORQTRANSFER SYSTEMS LTD32.3856.241,821.4
PITTI ENGINEERING LTD112.2539.234,403.2
DEEP INDUSTRIES LTD144.9122.693,287.7
PRITIKA AUTO INDUSTRIES LTD21.6217.37375.7

Engineering Industry Benchmark (Top 10) PE Analysis vs LOKESH MACHINES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 17.37x
Max industry PE 195.33x
Median industry PE 36.00x
Average industry PE 57.05x



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