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ORIENT ELECTRIC
PE (Price/Earnings) Ratio

The Current P/E Ratio of ORIENT ELECTRIC is 81.95.

Share Price ₹237.8Dec 03,2024
Market Cap ₹5,073.6 Cr
Earnings-TTM₹61.9 CrTTM-Standalone Results
Price/Earnings81.95xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ORIENT ELECTRIC

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 ORIENT ELECTRIC is calculated as :

Current Market Cap [ ₹5,073.6 Cr] as on Dec 03,2024

(/) Earnings [ ₹61.9 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 81.95x ]

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

Thus, for ORIENT ELECTRIC , the investors are currently willing to pay 81.95 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 latest p/e ratio is 81.95x.

- 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 RatioMarket Cap
ORIENT ELECTRIC 61.9181.955,073.6
CROMPTON GREAVES CONSUMER ELECTRICALS LTD499.3052.7626,340.6
WHIRLPOOL OF INDIA LTD308.1676.7923,662.2
BAJAJ ELECTRICALS LTD107.6884.279,074.4
TTK PRESTIGE LTD212.0256.7512,031.7
EUREKA FORBES LTD124.2596.5011,990.9
SYMPHONY LTD233.0041.049,563.2
IFB INDUSTRIES LTD118.0661.407,249.4
BOROSIL LTD69.9981.105,676.0
PG ELECTROPLAST LTD195.21101.8019,872.4
HAWKINS COOKERS LTD112.9739.634,477.6

Consumer Durables - Domestic Appliances Industry Benchmark (Top 10) PE Analysis vs ORIENT ELECTRIC 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 39.63x
Max industry PE 101.80x
Median industry PE 76.79x
Average industry PE 70.36x



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