Home > PE Ratio > MARINE ELECTRICALS (INDIA)

MARINE ELECTRICALS (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of MARINE ELECTRICALS (INDIA) is 111.07.

Share Price ₹298.7Dec 11,2024
Market Cap ₹4,119.1 Cr
Earnings-TTM₹37.1 CrTTM-Consolidated Results
Price/Earnings111.07xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for MARINE ELECTRICALS (INDIA)
Please provide your vote to see the results
MARINE ELECTRICALS (INDIA) is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of MARINE ELECTRICALS (INDIA)

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 MARINE ELECTRICALS (INDIA) is calculated as :

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 ]

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

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 latest p/e ratio is 111.07x.

- 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 RatioMarket Cap
MARINE ELECTRICALS (INDIA) 37.09111.074,119.1
BHARAT ELECTRONICS LTD4,498.6551.00229,417.0
BHARAT HEAVY ELECTRICALS LTD168.85523.3988,374.8
THERMAX LTD732.6977.2756,612.4
TRIVENI TURBINE LTD315.5281.9425,854.5
KIRLOSKAR OIL ENGINES LTD515.8232.7216,880.2
ELECON ENGINEERING COMPANY LTD346.7842.5314,747.6
PRAJ INDUSTRIES LTD300.3650.0515,034.1
SHRIRAM PISTONS & RINGS LTD467.2720.739,687.2
KIRLOSKAR BROTHERS LTD391.9046.8618,365.3
TEGA INDUSTRIES LTD164.0366.3810,888.5

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs MARINE ELECTRICALS (INDIA) 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 20.73x
Max industry PE 523.39x
Median industry PE 51.00x
Average industry PE 100.36x



You may also like the below Video Courses