PRAJ INDUSTRIES
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The Current P/E Ratio of PRAJ INDUSTRIES is 40.77.
Share Price | ₹601.2 | Feb 04,2025 |
Market Cap | ₹11,050.1 Cr | |
Earnings-TTM | ₹271.0 Cr | TTM-Consolidated Results |
Price/Earnings | 40.77x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PRAJ INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹11,050.1 Cr] as on Feb 04,2025
(/) Earnings [ ₹271.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 40.77x ]
Thus, for PRAJ INDUSTRIES , the investors are currently willing to pay 40.77 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 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 Ratio | Market Cap |
---|---|---|---|
PRAJ INDUSTRIES | 271.05 | 40.77 | 11,050.1 |
BHARAT ELECTRONICS LTD | 4,951.80 | 41.97 | 207,817.0 |
BHARAT HEAVY ELECTRICALS LTD | 456.39 | 157.67 | 71,956.8 |
THERMAX LTD | 609.53 | 69.31 | 42,249.2 |
TRIVENI TURBINE LTD | 339.57 | 53.70 | 18,233.4 |
KIRLOSKAR OIL ENGINES LTD | 515.82 | 24.02 | 12,392.4 |
ELECON ENGINEERING COMPANY LTD | 364.15 | 30.46 | 11,092.1 |
SHRIRAM PISTONS & RINGS LTD | 480.48 | 18.30 | 8,791.7 |
KIRLOSKAR BROTHERS LTD | 391.90 | 37.40 | 14,655.3 |
TEGA INDUSTRIES LTD | 164.03 | 62.12 | 10,189.6 |
ION EXCHANGE (INDIA) LTD | 216.57 | 37.17 | 8,050.5 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs PRAJ INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 18.30x |
Max industry PE | 157.67x |
Median industry PE | 40.77x |
Average industry PE | 52.08x |
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