PATEL ENGINEERING
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The Current P/E Ratio of PATEL ENGINEERING is 12.62.
Share Price | ₹49.4 | Jan 15,2025 |
Market Cap | ₹4,173.9 Cr | |
Earnings-TTM | ₹330.7 Cr | TTM-Consolidated Results |
Price/Earnings | 12.62x | 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 [ ₹4,173.9 Cr] as on Jan 15,2025
(/) Earnings [ ₹330.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 12.62x ]
Thus, for PATEL ENGINEERING , the investors are currently willing to pay 12.62 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 Mar2024 to Mar2020 averaged 17.40x.
- PATEL ENGINEERING 's operated at median p/e ratio of 16.33x 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 46.44x.
- 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 | 330.75 | 12.62 | 4,173.9 |
LARSEN & TOUBRO LTD | 16,151.00 | 29.81 | 481,454.0 |
RAIL VIKAS NIGAM LTD | 1,288.58 | 60.18 | 77,541.9 |
GMR AIRPORTS INFRASTRUCTURE LTD | -1,569.48 | -49.99 | 78,463.8 |
IRB INFRASTRUCTURE DEVELOPERS LTD | 939.32 | 32.87 | 30,871.4 |
IRCON INTERNATIONAL LTD | 838.25 | 21.31 | 17,865.1 |
KEC INTERNATIONAL LTD | 421.61 | 60.15 | 25,359.5 |
KALPATARU PROJECTS INTERNATIONAL LTD | 522.56 | 38.46 | 20,096.5 |
NCC LTD | 864.51 | 17.62 | 15,234.7 |
GR INFRAPROJECTS LTD | 1,044.95 | 12.24 | 12,792.5 |
STERLING AND WILSON RENEWABLE ENERGY LTD | -47.59 | -208.32 | 9,914.2 |
Engineering - Construction Industry Benchmark (Top 10) PE Analysis vs PATEL ENGINEERING 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -208.32x |
Max industry PE | 60.18x |
Median industry PE | 21.31x |
Average industry PE | 2.45x |
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