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SALASAR TECHNO ENGINEERING
PE (Price/Earnings) Ratio

The Current P/E Ratio of SALASAR TECHNO ENGINEERING is 41.45.

Share Price ₹12.9Jan 14,2025
Market Cap ₹2,234.5 Cr
Earnings-TTM₹53.9 CrTTM-Consolidated Results
Price/Earnings41.45xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SALASAR TECHNO ENGINEERING

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 SALASAR TECHNO ENGINEERING is calculated as :

Current Market Cap [ ₹2,234.5 Cr] as on Jan 14,2025

(/) Earnings [ ₹53.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 41.45x ]

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

Thus, for SALASAR TECHNO ENGINEERING , the investors are currently willing to pay 41.45 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 SALASAR TECHNO 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 SALASAR TECHNO ENGINEERING over the last five years.

Historical PE (Price/Earnings) ratio chart of SALASAR TECHNO ENGINEERING


PE Ratio Performance Analysis for SALASAR TECHNO ENGINEERING

- SALASAR TECHNO ENGINEERING 's latest p/e ratio is 41.45x.

- SALASAR TECHNO ENGINEERING 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 13.80x.

- SALASAR TECHNO ENGINEERING 's operated at median p/e ratio of 1.93x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SALASAR TECHNO ENGINEERING 's p/e ratio peaked in Mar2024 at 59.67x.

- SALASAR TECHNO ENGINEERING 's p/e ratio hit its five-year low in Mar2020 of 0.23x.


How does SALASAR TECHNO ENGINEERING '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
SALASAR TECHNO ENGINEERING 53.9141.452,234.5
BHARAT ELECTRONICS LTD4,498.6543.86197,291.0
BHARAT HEAVY ELECTRICALS LTD168.85406.8868,701.1
THERMAX LTD732.6960.7844,535.3
TRIVENI TURBINE LTD315.5269.2121,836.6
KIRLOSKAR OIL ENGINES LTD515.8226.4813,660.2
ELECON ENGINEERING COMPANY LTD346.7836.7312,735.8
PRAJ INDUSTRIES LTD300.3644.3613,323.7
SHRIRAM PISTONS & RINGS LTD467.2718.828,794.3
KIRLOSKAR BROTHERS LTD391.9039.7115,562.2
TEGA INDUSTRIES LTD164.0366.4610,901.8

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs SALASAR TECHNO ENGINEERING 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 18.82x
Max industry PE 406.88x
Median industry PE 43.86x
Average industry PE 77.70x



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