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PAVNA INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of PAVNA INDUSTRIES is 51.39.

Share Price ₹422.1Sep 13,2024
Market Cap ₹514.9 Cr
Earnings-TTM₹10.0 CrTTM-Consolidated Results
Price/Earnings51.39xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PAVNA INDUSTRIES

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 PAVNA INDUSTRIES is calculated as :

Current Market Cap [ ₹514.9 Cr] as on Sep 13,2024

(/) Earnings [ ₹10.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 51.39x ]

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

Thus, for PAVNA INDUSTRIES , the investors are currently willing to pay 51.39 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 PAVNA INDUSTRIES !

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 PAVNA INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of PAVNA INDUSTRIES


PE Ratio Performance Analysis for PAVNA INDUSTRIES

- PAVNA INDUSTRIES 's latest p/e ratio is 51.39x.

- PAVNA INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2020 averaged 13.39x.

- PAVNA INDUSTRIES 's operated at median p/e ratio of 10.55x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, PAVNA INDUSTRIES 's p/e ratio peaked in Mar2023 at 34.94x.

- PAVNA INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does PAVNA INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PAVNA INDUSTRIES 10.0251.39514.9
BHARAT ELECTRONICS LTD4,195.5050.52211,947.0
BHARAT HEAVY ELECTRICALS LTD-170.75-538.9892,030.9
THERMAX LTD693.5181.2256,328.2
TRIVENI TURBINE LTD288.7284.1024,282.6
KIRLOSKAR OIL ENGINES LTD469.2939.8018,679.6
ELECON ENGINEERING COMPANY LTD348.0141.0514,284.2
PRAJ INDUSTRIES LTD308.9043.2713,366.9
SHRIRAM PISTONS & RINGS LTD454.3922.4010,177.3
KIRLOSKAR BROTHERS LTD344.3037.5512,927.8
TEGA INDUSTRIES LTD204.4958.9412,052.6

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs PAVNA INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -538.98x
Max industry PE 84.10x
Median industry PE 43.27x
Average industry PE -2.61x



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