MTAR TECHNOLOGIES
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The Current P/E Ratio of MTAR TECHNOLOGIES is 125.74.
Share Price | ₹1,572.5 | Feb 06,2025 |
Market Cap | ₹4,843.3 Cr | |
Earnings-TTM | ₹38.5 Cr | TTM-Consolidated Results |
Price/Earnings | 125.74x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MTAR TECHNOLOGIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹4,843.3 Cr] as on Feb 06,2025
(/) Earnings [ ₹38.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 125.74x ]
Thus, for MTAR TECHNOLOGIES , the investors are currently willing to pay 125.74 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 MTAR TECHNOLOGIES !
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 MTAR TECHNOLOGIES over the last five years.
Historical PE (Price/Earnings) ratio chart of MTAR TECHNOLOGIES
PE Ratio Performance Analysis for MTAR TECHNOLOGIES
- MTAR TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 59.21x.
- MTAR TECHNOLOGIES 's operated at median p/e ratio of 68.37x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MTAR TECHNOLOGIES 's p/e ratio peaked in Mar2024 at 92.29x.
- MTAR TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does MTAR TECHNOLOGIES 's P/E Ratio benchmark against top 10 peers in Engineering Industry?
Peer Comparison (Engineering Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
MTAR TECHNOLOGIES | 38.52 | 125.74 | 4,843.3 |
RITES LTD | 408.14 | 27.61 | 11,267.8 |
ENGINEERS INDIA LTD | 278.19 | 33.92 | 9,436.7 |
KENNAMETAL INDIA LTD | 118.50 | 43.74 | 5,183.1 |
INOX GREEN ENERGY SERVICES LTD | 34.38 | 160.88 | 5,530.9 |
THEJO ENGINEERING LTD | 54.25 | 35.17 | 1,908.0 |
DIVGI TORQTRANSFER SYSTEMS LTD | 32.38 | 48.21 | 1,561.3 |
PITTI ENGINEERING LTD | 112.25 | 36.89 | 4,141.3 |
DEEP INDUSTRIES LTD | 164.58 | 21.98 | 3,617.6 |
LOKESH MACHINES LTD | 14.32 | 38.16 | 546.3 |
PRITIKA AUTO INDUSTRIES LTD | 21.62 | 17.07 | 369.2 |
Engineering Industry Benchmark (Top 10) PE Analysis vs MTAR TECHNOLOGIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 17.07x |
Max industry PE | 160.88x |
Median industry PE | 36.89x |
Average industry PE | 53.58x |
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