ORIENT ELECTRIC
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The Current P/E Ratio of ORIENT ELECTRIC is 81.95.
Share Price | ₹237.8 | Dec 03,2024 |
Market Cap | ₹5,073.6 Cr | |
Earnings-TTM | ₹61.9 Cr | TTM-Standalone Results |
Price/Earnings | 81.95x | 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 [ ₹5,073.6 Cr] as on Dec 03,2024
(/) Earnings [ ₹61.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 81.95x ]
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 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 | 81.95 | 5,073.6 |
CROMPTON GREAVES CONSUMER ELECTRICALS LTD | 499.30 | 52.76 | 26,340.6 |
WHIRLPOOL OF INDIA LTD | 308.16 | 76.79 | 23,662.2 |
BAJAJ ELECTRICALS LTD | 107.68 | 84.27 | 9,074.4 |
TTK PRESTIGE LTD | 212.02 | 56.75 | 12,031.7 |
EUREKA FORBES LTD | 124.25 | 96.50 | 11,990.9 |
SYMPHONY LTD | 233.00 | 41.04 | 9,563.2 |
IFB INDUSTRIES LTD | 118.06 | 61.40 | 7,249.4 |
BOROSIL LTD | 69.99 | 81.10 | 5,676.0 |
PG ELECTROPLAST LTD | 195.21 | 101.80 | 19,872.4 |
HAWKINS COOKERS LTD | 112.97 | 39.63 | 4,477.6 |
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 | 39.63x |
Max industry PE | 101.80x |
Median industry PE | 76.79x |
Average industry PE | 70.36x |
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