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PATEL ENGINEERING
PE (Price/Earnings) Ratio

The Current P/E Ratio of PATEL ENGINEERING is 12.62.

Share Price ₹49.4Jan 15,2025
Market Cap ₹4,173.9 Cr
Earnings-TTM₹330.7 CrTTM-Consolidated Results
Price/Earnings12.62xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PATEL ENGINEERING

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 PATEL ENGINEERING is calculated as :

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 ]

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

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 latest p/e ratio is 12.62x.

- 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 RatioMarket Cap
PATEL ENGINEERING 330.7512.624,173.9
LARSEN & TOUBRO LTD16,151.0029.81481,454.0
RAIL VIKAS NIGAM LTD1,288.5860.1877,541.9
GMR AIRPORTS INFRASTRUCTURE LTD-1,569.48-49.9978,463.8
IRB INFRASTRUCTURE DEVELOPERS LTD939.3232.8730,871.4
IRCON INTERNATIONAL LTD838.2521.3117,865.1
KEC INTERNATIONAL LTD421.6160.1525,359.5
KALPATARU PROJECTS INTERNATIONAL LTD522.5638.4620,096.5
NCC LTD864.5117.6215,234.7
GR INFRAPROJECTS LTD1,044.9512.2412,792.5
STERLING AND WILSON RENEWABLE ENERGY LTD-47.59-208.329,914.2

Engineering - Construction Industry Benchmark (Top 10) PE Analysis vs PATEL ENGINEERING 's P/E Ratio

Top 10 Industry PeersPE 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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