PITTI ENGINEERING
|
The Current P/E Ratio of PITTI ENGINEERING is 45.48.
Share Price | ₹1,354.1 | Dec 20,2024 |
Market Cap | ₹5,104.8 Cr | |
Earnings-TTM | ₹112.2 Cr | TTM-Consolidated Results |
Price/Earnings | 45.48x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PITTI ENGINEERING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹5,104.8 Cr] as on Dec 20,2024
(/) Earnings [ ₹112.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 45.48x ]
Thus, for PITTI ENGINEERING , the investors are currently willing to pay 45.48 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 PITTI ENGINEERING !
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 PITTI ENGINEERING over the last five years.
Historical PE (Price/Earnings) ratio chart of PITTI ENGINEERING
PE Ratio Performance Analysis for PITTI ENGINEERING
- PITTI ENGINEERING 's p/e ratio for fiscal years ending Mar2024 to Mar2021 averaged 17.31x.
- PITTI ENGINEERING 's operated at median p/e ratio of 19.95x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, PITTI ENGINEERING 's p/e ratio peaked in Mar2024 at 27.14x.
- PITTI ENGINEERING 's p/e ratio hit its five-year low in Mar2021 of 7.43x.
How does PITTI ENGINEERING 's P/E Ratio benchmark against top 10 peers in Engineering Industry?
Peer Comparison (Engineering Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
PITTI ENGINEERING | 112.25 | 45.48 | 5,104.8 |
RITES LTD | 430.98 | 31.29 | 13,485.7 |
ENGINEERS INDIA LTD | 278.19 | 37.14 | 10,333.2 |
MTAR TECHNOLOGIES LTD | 38.52 | 137.43 | 5,293.7 |
KENNAMETAL INDIA LTD | 118.50 | 59.15 | 7,009.6 |
INOX GREEN ENERGY SERVICES LTD | 29.33 | 210.66 | 6,178.7 |
THEJO ENGINEERING LTD | 54.25 | 42.12 | 2,284.9 |
DIVGI TORQTRANSFER SYSTEMS LTD | 32.38 | 61.12 | 1,979.3 |
DEEP INDUSTRIES LTD | 144.91 | 25.61 | 3,710.4 |
LOKESH MACHINES LTD | 14.32 | 44.54 | 637.7 |
PRITIKA AUTO INDUSTRIES LTD | 21.62 | 19.00 | 410.8 |
Engineering Industry Benchmark (Top 10) PE Analysis vs PITTI ENGINEERING 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 19.00x |
Max industry PE | 210.66x |
Median industry PE | 44.54x |
Average industry PE | 64.87x |
You may also like the below Video Courses