ORIENT ELECTRIC
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The Current P/E Ratio of ORIENT ELECTRIC is 82.16.
Share Price | ₹238.4 | Dec 04,2024 |
Market Cap | ₹5,086.4 Cr | |
Earnings-TTM | ₹61.9 Cr | TTM-Standalone Results |
Price/Earnings | 82.16x | 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 [ ₹5,086.4 Cr] as on Dec 04,2024
(/) Earnings [ ₹61.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 82.16x ]
Thus, for ORIENT ELECTRIC , the investors are currently willing to pay 82.16 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 | 82.16 | 5,086.4 |
CROMPTON GREAVES CONSUMER ELECTRICALS LTD | 499.30 | 52.66 | 26,292.3 |
WHIRLPOOL OF INDIA LTD | 308.16 | 78.65 | 24,235.7 |
BAJAJ ELECTRICALS LTD | 107.68 | 85.15 | 9,168.9 |
TTK PRESTIGE LTD | 212.02 | 59.22 | 12,555.6 |
EUREKA FORBES LTD | 124.25 | 98.05 | 12,183.4 |
SYMPHONY LTD | 233.00 | 40.96 | 9,542.6 |
IFB INDUSTRIES LTD | 118.06 | 60.78 | 7,175.9 |
BOROSIL LTD | 69.99 | 79.95 | 5,595.9 |
PG ELECTROPLAST LTD | 195.21 | 103.47 | 20,198.2 |
HAWKINS COOKERS LTD | 112.97 | 39.32 | 4,441.5 |
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 | 39.32x |
Max industry PE | 103.47x |
Median industry PE | 78.65x |
Average industry PE | 70.94x |
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