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PERMANENT MAGNETS
PE (Price/Earnings) Ratio

The Current P/E Ratio of PERMANENT MAGNETS is 42.62.

Share Price ₹897.0Nov 18,2024
Market Cap ₹771.4 Cr
Earnings-TTM₹18.1 CrTTM-Standalone Results
Price/Earnings42.62xCalculated 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 [ ₹771.4 Cr] as on Nov 18,2024

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

(=) P/E Ratio [ 42.62x ]

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 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 latest p/e ratio is 42.62x.

- 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 18.1042.62771.4
SIEMENS LTD2,458.3096.18236,441.0
ABB INDIA LTD1,687.9083.16140,363.0
HAVELLS INDIA LTD1,409.8971.93101,420.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD891.28120.58107,468.0
SUZLON ENERGY LTD960.0584.4381,061.2
HITACHI ENERGY INDIA LTD199.34242.2648,292.6
APAR INDUSTRIES LTD850.2541.6535,411.2
GE T&D INDIA LTD394.80120.2147,459.5
INOX WIND LTD178.98137.7124,648.2
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD197.0085.4516,834.1

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

Top 10 Industry PeersPE 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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