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MTAR TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of MTAR TECHNOLOGIES is 125.74.

Share Price ₹1,572.5Feb 06,2025
Market Cap ₹4,843.3 Cr
Earnings-TTM₹38.5 CrTTM-Consolidated Results
Price/Earnings125.74xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MTAR TECHNOLOGIES

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 MTAR TECHNOLOGIES is calculated as :

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 ]

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

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 latest p/e ratio is 125.74x.

- 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 RatioMarket Cap
MTAR TECHNOLOGIES 38.52125.744,843.3
RITES LTD408.1427.6111,267.8
ENGINEERS INDIA LTD278.1933.929,436.7
KENNAMETAL INDIA LTD118.5043.745,183.1
INOX GREEN ENERGY SERVICES LTD34.38160.885,530.9
THEJO ENGINEERING LTD54.2535.171,908.0
DIVGI TORQTRANSFER SYSTEMS LTD32.3848.211,561.3
PITTI ENGINEERING LTD112.2536.894,141.3
DEEP INDUSTRIES LTD164.5821.983,617.6
LOKESH MACHINES LTD14.3238.16546.3
PRITIKA AUTO INDUSTRIES LTD21.6217.07369.2

Engineering Industry Benchmark (Top 10) PE Analysis vs MTAR TECHNOLOGIES 's P/E Ratio

Top 10 Industry PeersPE 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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