MITCON CONSULTANCY & ENGINEERING SERVICES
|
The Current P/E Ratio of MITCON CONSULTANCY & ENGINEERING SERVICES is 20.28.
Share Price | ₹101.4 | Jan 14,2025 |
Market Cap | ₹179.4 Cr | |
Earnings-TTM | ₹8.8 Cr | TTM-Consolidated Results |
Price/Earnings | 20.28x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MITCON CONSULTANCY & ENGINEERING SERVICES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
MITCON CONSULTANCY & ENGINEERING SERVICES | 8.85 | 20.28 | 179.4 |
SYNGENE INTERNATIONAL LTD | 481.90 | 69.18 | 33,340.1 |
SUN PHARMA ADVANCED RESEARCH COMPANY LTD | -410.87 | -14.21 | 5,839.8 |
LATENT VIEW ANALYTICS LTD | 171.39 | 53.58 | 9,182.8 |
JUST DIAL LTD | 362.93 | 21.15 | 7,677.0 |
DREAMFOLKS SERVICES LTD | 71.19 | 27.69 | 1,971.0 |
EKI ENERGY SERVICES LTD | -48.18 | -14.06 | 677.3 |
AGS TRANSACT TECHNOLOGIES LTD | 9.19 | 84.12 | 773.4 |
JAYKAY ENTERPRISES LTD | 11.63 | 129.06 | 1,501.2 |
QUINT DIGITAL LTD | 46.02 | 8.20 | 377.3 |
PTL ENTERPRISES LTD | 29.99 | 17.49 | 524.5 |
Business Support Industry Benchmark (Top 10) PE Analysis vs MITCON CONSULTANCY & ENGINEERING SERVICES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -14.21x |
Max industry PE | 129.06x |
Median industry PE | 21.15x |
Average industry PE | 36.59x |
You may also like the below Video Courses