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MITCON CONSULTANCY & ENGINEERING SERVICES
PE (Price/Earnings) Ratio

The Current P/E Ratio of MITCON CONSULTANCY & ENGINEERING SERVICES is 20.28.

Share Price ₹101.4Jan 14,2025
Market Cap ₹179.4 Cr
Earnings-TTM₹8.8 CrTTM-Consolidated Results
Price/Earnings20.28xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MITCON CONSULTANCY & ENGINEERING SERVICES

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 MITCON CONSULTANCY & ENGINEERING SERVICES is calculated as :

Current Market Cap [ ₹179.4 Cr] as on Jan 14,2025

(/) Earnings [ ₹8.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 20.28x ]

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

Thus, for MITCON CONSULTANCY & ENGINEERING SERVICES , the investors are currently willing to pay 20.28 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 MITCON CONSULTANCY & ENGINEERING SERVICES !

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 MITCON CONSULTANCY & ENGINEERING SERVICES over the last five years.

Historical PE (Price/Earnings) ratio chart of MITCON CONSULTANCY & ENGINEERING SERVICES


PE Ratio Performance Analysis for MITCON CONSULTANCY & ENGINEERING SERVICES

- MITCON CONSULTANCY & ENGINEERING SERVICES 's latest p/e ratio is 20.28x.

- MITCON CONSULTANCY & ENGINEERING SERVICES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 36.87x.

- MITCON CONSULTANCY & ENGINEERING SERVICES 's operated at median p/e ratio of 24x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MITCON CONSULTANCY & ENGINEERING SERVICES 's p/e ratio peaked in Mar2022 at 114.57x.

- MITCON CONSULTANCY & ENGINEERING SERVICES 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does MITCON CONSULTANCY & ENGINEERING SERVICES 's P/E Ratio benchmark against top 10 peers in Business Support Industry?

Peer Comparison (Business Support Industry)Earnings-TTM (Cr)PE RatioMarket Cap
MITCON CONSULTANCY & ENGINEERING SERVICES 8.8520.28179.4
SYNGENE INTERNATIONAL LTD481.9069.1833,340.1
SUN PHARMA ADVANCED RESEARCH COMPANY LTD-410.87-14.215,839.8
LATENT VIEW ANALYTICS LTD171.3953.589,182.8
JUST DIAL LTD362.9321.157,677.0
DREAMFOLKS SERVICES LTD71.1927.691,971.0
EKI ENERGY SERVICES LTD-48.18-14.06677.3
AGS TRANSACT TECHNOLOGIES LTD9.1984.12773.4
JAYKAY ENTERPRISES LTD11.63129.061,501.2
QUINT DIGITAL LTD46.028.20377.3
PTL ENTERPRISES LTD29.9917.49524.5

Business Support Industry Benchmark (Top 10) PE Analysis vs MITCON CONSULTANCY & ENGINEERING SERVICES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -14.21x
Max industry PE 129.06x
Median industry PE 21.15x
Average industry PE 36.59x



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