PATEL ENGINEERING
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The Current P/E Ratio of PATEL ENGINEERING is 17.31.
Share Price | ₹61.8 | May 31,2024 |
Market Cap | ₹5,220.1 Cr | |
Earnings-TTM | ₹301.6 Cr | TTM-Consolidated Results |
Price/Earnings | 17.31x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PATEL ENGINEERING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹5,220.1 Cr] as on May 31,2024
(/) Earnings [ ₹301.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 17.31x ]
Thus, for PATEL ENGINEERING , the investors are currently willing to pay 17.31 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 PATEL ENGINEERING !
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 PATEL ENGINEERING over the last five years.
Historical PE (Price/Earnings) ratio chart of PATEL ENGINEERING
PE Ratio Performance Analysis for PATEL ENGINEERING
- PATEL ENGINEERING 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 14.53x.
- PATEL ENGINEERING 's operated at median p/e ratio of 6.94x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PATEL ENGINEERING 's p/e ratio peaked in Mar2020 at 46.43x.
- PATEL ENGINEERING 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does PATEL ENGINEERING 's P/E Ratio benchmark against top 10 peers in Engineering - Construction Industry?
Peer Comparison (Engineering - Construction Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
PATEL ENGINEERING | 301.60 | 17.31 | 5,220.1 |
LARSEN & TOUBRO LTD | 15,569.70 | 32.38 | 504,177.0 |
RAIL VIKAS NIGAM LTD | 1,469.55 | 54.14 | 79,564.4 |
GMR AIRPORTS INFRASTRUCTURE LTD | -1,054.04 | -48.45 | 51,064.1 |
IRB INFRASTRUCTURE DEVELOPERS LTD | 920.67 | 43.34 | 39,905.7 |
IRCON INTERNATIONAL LTD | 883.29 | 28.71 | 25,356.3 |
KEC INTERNATIONAL LTD | 346.78 | 54.76 | 18,991.1 |
KALPATARU PROJECTS INTERNATIONAL LTD | 516.00 | 37.71 | 19,457.8 |
NCC LTD | 735.13 | 24.53 | 18,034.9 |
GR INFRAPROJECTS LTD | 1,316.52 | 11.89 | 15,648.2 |
STERLING AND WILSON RENEWABLE ENERGY LTD | -210.82 | -77.90 | 16,423.0 |
Engineering - Construction Industry Benchmark (Top 10) PE Analysis vs PATEL ENGINEERING 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -77.90x |
Max industry PE | 54.76x |
Median industry PE | 28.71x |
Average industry PE | 16.22x |
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