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PRAJ INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of PRAJ INDUSTRIES is 34.55.

Share Price ₹509.5Apr 04,2025
Market Cap ₹9,363.7 Cr
Earnings-TTM₹271.0 CrTTM-Consolidated Results
Price/Earnings34.55xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PRAJ INDUSTRIES

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 PRAJ INDUSTRIES is calculated as :

Current Market Cap [ ₹9,363.7 Cr] as on Apr 04,2025

(/) Earnings [ ₹271.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 34.55x ]

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

Thus, for PRAJ INDUSTRIES , the investors are currently willing to pay 34.55 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 PRAJ INDUSTRIES !

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 PRAJ INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of PRAJ INDUSTRIES


PE Ratio Performance Analysis for PRAJ INDUSTRIES

- PRAJ INDUSTRIES 's latest p/e ratio is 34.55x.

- PRAJ INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 33.54x.

- PRAJ INDUSTRIES 's operated at median p/e ratio of 34.56x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PRAJ INDUSTRIES 's p/e ratio peaked in Mar2022 at 48.69x.

- PRAJ INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 14.32x.


How does PRAJ INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PRAJ INDUSTRIES 271.0534.559,363.7
BHARAT HEAVY ELECTRICALS LTD456.39163.5874,655.4
THERMAX LTD609.5369.4542,333.9
JYOTI CNC AUTOMATION LTD306.6875.8323,254.0
TRIVENI TURBINE LTD339.5748.5516,485.1
KIRLOSKAR BROTHERS LTD422.4031.9213,481.2
ELECON ENGINEERING COMPANY LTD364.1526.779,749.1
KIRLOSKAR OIL ENGINES LTD494.9921.2010,495.0
TEGA INDUSTRIES LTD182.4151.299,354.9
SHRIRAM PISTONS & RINGS LTD480.4816.748,042.8
INOX INDIA LTD204.5943.498,897.6

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs PRAJ INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 16.74x
Max industry PE 163.58x
Median industry PE 43.49x
Average industry PE 53.03x



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