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PERMANENT MAGNETS
PE (Price/Earnings) Ratio

The Current P/E Ratio of PERMANENT MAGNETS is 44.89.

Share Price ₹944.7Feb 06,2025
Market Cap ₹812.4 Cr
Earnings-TTM₹18.1 CrTTM-Standalone Results
Price/Earnings44.89xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PERMANENT MAGNETS

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 PERMANENT MAGNETS is calculated as :

Current Market Cap [ ₹812.4 Cr] as on Feb 06,2025

(/) Earnings [ ₹18.1 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 44.89x ]

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

Thus, for PERMANENT MAGNETS , the investors are currently willing to pay 44.89 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 PERMANENT MAGNETS !

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 PERMANENT MAGNETS over the last five years.

Historical PE (Price/Earnings) ratio chart of PERMANENT MAGNETS


PE Ratio Performance Analysis for PERMANENT MAGNETS

- PERMANENT MAGNETS 's latest p/e ratio is 44.89x.

- PERMANENT MAGNETS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 21.11x.

- PERMANENT MAGNETS 's operated at median p/e ratio of 18.8x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PERMANENT MAGNETS 's p/e ratio peaked in Mar2024 at 46.1x.

- PERMANENT MAGNETS 's p/e ratio hit its five-year low in Mar2020 of 4.25x.


How does PERMANENT MAGNETS 's P/E Ratio benchmark against top 10 peers in Electric Equipment Industry?

Peer Comparison (Electric Equipment Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PERMANENT MAGNETS 18.1044.89812.4
SIEMENS LTD2,717.8073.95200,980.0
ABB INDIA LTD1,687.9071.33120,403.0
HAVELLS INDIA LTD1,399.9471.76100,461.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD932.53100.7893,976.8
SUZLON ENERGY LTD1,144.7765.4874,954.9
HITACHI ENERGY INDIA LTD313.75165.5951,954.6
APAR INDUSTRIES LTD807.6036.2129,243.9
GE T&D INDIA LTD488.1390.0843,970.9
INOX WIND LTD287.3377.2822,203.6
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD197.0080.3915,837.1

Electric Equipment Industry Benchmark (Top 10) PE Analysis vs PERMANENT MAGNETS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 36.21x
Max industry PE 165.59x
Median industry PE 73.95x
Average industry PE 79.79x



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