PERMANENT MAGNETS
|
The Current P/E Ratio of PERMANENT MAGNETS is 42.62.
Share Price | ₹897.0 | Nov 18,2024 |
Market Cap | ₹771.4 Cr | |
Earnings-TTM | ₹18.1 Cr | TTM-Standalone Results |
Price/Earnings | 42.62x | 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 [ ₹771.4 Cr] as on Nov 18,2024
(/) Earnings [ ₹18.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 42.62x ]
Thus, for PERMANENT MAGNETS , the investors are currently willing to pay 42.62 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 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 | 42.62 | 771.4 |
SIEMENS LTD | 2,458.30 | 96.18 | 236,441.0 |
ABB INDIA LTD | 1,687.90 | 83.16 | 140,363.0 |
HAVELLS INDIA LTD | 1,409.89 | 71.93 | 101,420.0 |
CG POWER AND INDUSTRIAL SOLUTIONS LTD | 891.28 | 120.58 | 107,468.0 |
SUZLON ENERGY LTD | 960.05 | 84.43 | 81,061.2 |
HITACHI ENERGY INDIA LTD | 199.34 | 242.26 | 48,292.6 |
APAR INDUSTRIES LTD | 850.25 | 41.65 | 35,411.2 |
GE T&D INDIA LTD | 394.80 | 120.21 | 47,459.5 |
INOX WIND LTD | 178.98 | 137.71 | 24,648.2 |
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD | 197.00 | 85.45 | 16,834.1 |
Electric Equipment Industry Benchmark (Top 10) PE Analysis vs PERMANENT MAGNETS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 41.65x |
Max industry PE | 242.26x |
Median industry PE | 85.45x |
Average industry PE | 102.38x |
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