PERMANENT MAGNETS
|
The Current P/E Ratio of PERMANENT MAGNETS is 39.08.
Share Price | ₹822.5 | Nov 14,2024 |
Market Cap | ₹707.3 Cr | |
Earnings-TTM | ₹18.1 Cr | TTM-Standalone Results |
Price/Earnings | 39.08x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PERMANENT MAGNETS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹707.3 Cr] as on Nov 14,2024
(/) Earnings [ ₹18.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 39.08x ]
Thus, for PERMANENT MAGNETS , the investors are currently willing to pay 39.08 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 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 Ratio | Market Cap |
---|---|---|---|
PERMANENT MAGNETS | 18.10 | 39.08 | 707.3 |
SIEMENS LTD | 2,458.30 | 97.41 | 239,457.0 |
ABB INDIA LTD | 1,687.90 | 83.87 | 141,561.0 |
HAVELLS INDIA LTD | 1,409.89 | 71.96 | 101,461.0 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 891.28 | 119.07 | 106,123.0 |
SUZLON ENERGY LTD | 960.05 | 80.71 | 77,485.8 |
HITACHI ENERGY INDIA LTD | 199.34 | 250.35 | 49,905.1 |
APAR INDUSTRIES LTD | 850.25 | 42.25 | 35,922.7 |
GE T&D INDIA LTD | 394.80 | 115.00 | 45,400.9 |
INOX WIND LTD | 178.98 | 138.33 | 24,759.1 |
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 197.00 | 87.88 | 17,312.3 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs PERMANENT MAGNETS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 39.08x |
Max industry PE | 250.35x |
Median industry PE | 87.88x |
Average industry PE | 102.36x |
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