MARINE ELECTRICALS (INDIA)
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The Current P/E Ratio of MARINE ELECTRICALS (INDIA) is 111.07.
Share Price | ₹298.7 | Dec 11,2024 |
Market Cap | ₹4,119.1 Cr | |
Earnings-TTM | ₹37.1 Cr | TTM-Consolidated Results |
Price/Earnings | 111.07x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of MARINE ELECTRICALS (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹4,119.1 Cr] as on Dec 11,2024
(/) Earnings [ ₹37.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 111.07x ]
Thus, for MARINE ELECTRICALS (INDIA) , the investors are currently willing to pay 111.07 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 MARINE ELECTRICALS (INDIA) !
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 MARINE ELECTRICALS (INDIA) over the last five years.
Historical PE (Price/Earnings) ratio chart of MARINE ELECTRICALS (INDIA)
PE Ratio Performance Analysis for MARINE ELECTRICALS (INDIA)
- MARINE ELECTRICALS (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 34.49x.
- MARINE ELECTRICALS (INDIA) 's operated at median p/e ratio of 29.16x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MARINE ELECTRICALS (INDIA) 's p/e ratio peaked in Mar2021 at 62.58x.
- MARINE ELECTRICALS (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 7.87x.
How does MARINE ELECTRICALS (INDIA) 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
MARINE ELECTRICALS (INDIA) | 37.09 | 111.07 | 4,119.1 |
BHARAT ELECTRONICS LTD | 4,498.65 | 51.00 | 229,417.0 |
BHARAT HEAVY ELECTRICALS LTD | 168.85 | 523.39 | 88,374.8 |
THERMAX LTD | 732.69 | 77.27 | 56,612.4 |
TRIVENI TURBINE LTD | 315.52 | 81.94 | 25,854.5 |
KIRLOSKAR OIL ENGINES LTD | 515.82 | 32.72 | 16,880.2 |
ELECON ENGINEERING COMPANY LTD | 346.78 | 42.53 | 14,747.6 |
PRAJ INDUSTRIES LTD | 300.36 | 50.05 | 15,034.1 |
SHRIRAM PISTONS & RINGS LTD | 467.27 | 20.73 | 9,687.2 |
KIRLOSKAR BROTHERS LTD | 391.90 | 46.86 | 18,365.3 |
TEGA INDUSTRIES LTD | 164.03 | 66.38 | 10,888.5 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs MARINE ELECTRICALS (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 20.73x |
Max industry PE | 523.39x |
Median industry PE | 51.00x |
Average industry PE | 100.36x |
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