ORIENT ELECTRIC
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The Current P/E Ratio of ORIENT ELECTRIC is 80.85.
Share Price | ₹234.6 | Nov 29,2024 |
Market Cap | ₹5,005.3 Cr | |
Earnings-TTM | ₹61.9 Cr | TTM-Standalone Results |
Price/Earnings | 80.85x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ORIENT ELECTRIC
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹5,005.3 Cr] as on Nov 29,2024
(/) Earnings [ ₹61.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 80.85x ]
Thus, for ORIENT ELECTRIC , the investors are currently willing to pay 80.85 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 ORIENT ELECTRIC !
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 ORIENT ELECTRIC over the last five years.
Historical PE (Price/Earnings) ratio chart of ORIENT ELECTRIC
PE Ratio Performance Analysis for ORIENT ELECTRIC
- ORIENT ELECTRIC 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 58.58x.
- ORIENT ELECTRIC 's operated at median p/e ratio of 54.69x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ORIENT ELECTRIC 's p/e ratio peaked in Mar2023 at 75.85x.
- ORIENT ELECTRIC 's p/e ratio hit its five-year low in Mar2020 of 53.32x.
How does ORIENT ELECTRIC 's P/E Ratio benchmark against top 10 peers in Consumer Durables - Domestic Appliances Industry?
Peer Comparison (Consumer Durables - Domestic Appliances Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ORIENT ELECTRIC | 61.91 | 80.85 | 5,005.3 |
CROMPTON GREAVES CONSUMER ELECTRICALS LTD | 499.30 | 52.81 | 26,369.3 |
WHIRLPOOL OF INDIA LTD | 308.16 | 76.15 | 23,464.9 |
BAJAJ ELECTRICALS LTD | 107.68 | 82.21 | 8,852.3 |
TTK PRESTIGE LTD | 212.02 | 54.60 | 11,575.7 |
EUREKA FORBES LTD | 124.25 | 95.28 | 11,839.0 |
SYMPHONY LTD | 233.00 | 39.42 | 9,184.1 |
IFB INDUSTRIES LTD | 118.06 | 57.66 | 6,807.8 |
BOROSIL LTD | 69.99 | 78.25 | 5,477.0 |
PG ELECTROPLAST LTD | 195.21 | 97.00 | 18,935.8 |
HAWKINS COOKERS LTD | 112.97 | 39.84 | 4,501.2 |
Consumer Durables - Domestic Appliances Industry Benchmark (Top 10) PE Analysis vs ORIENT ELECTRIC 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 39.42x |
Max industry PE | 97.00x |
Median industry PE | 76.15x |
Average industry PE | 68.55x |
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