LOKESH MACHINES
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The Current P/E Ratio of LOKESH MACHINES is 36.00.
Share Price | ₹268.4 | Jan 29,2025 |
Market Cap | ₹515.3 Cr | |
Earnings-TTM | ₹14.3 Cr | TTM-Standalone Results |
Price/Earnings | 36.00x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of LOKESH MACHINES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
LOKESH MACHINES | 14.32 | 36.00 | 515.3 |
RITES LTD | 408.14 | 29.75 | 12,142.5 |
ENGINEERS INDIA LTD | 278.19 | 32.96 | 9,169.7 |
MTAR TECHNOLOGIES LTD | 38.52 | 122.36 | 4,713.3 |
KENNAMETAL INDIA LTD | 118.50 | 42.04 | 4,981.3 |
INOX GREEN ENERGY SERVICES LTD | 29.33 | 195.33 | 5,729.1 |
THEJO ENGINEERING LTD | 54.25 | 33.55 | 1,820.4 |
DIVGI TORQTRANSFER SYSTEMS LTD | 32.38 | 56.24 | 1,821.4 |
PITTI ENGINEERING LTD | 112.25 | 39.23 | 4,403.2 |
DEEP INDUSTRIES LTD | 144.91 | 22.69 | 3,287.7 |
PRITIKA AUTO INDUSTRIES LTD | 21.62 | 17.37 | 375.7 |
Engineering Industry Benchmark (Top 10) PE Analysis vs LOKESH MACHINES 's P/E Ratio
Top 10 Industry Peers | PE 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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