SALASAR TECHNO ENGINEERING
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The Current P/E Ratio of SALASAR TECHNO ENGINEERING is 41.45.
Share Price | ₹12.9 | Jan 14,2025 |
Market Cap | ₹2,234.5 Cr | |
Earnings-TTM | ₹53.9 Cr | TTM-Consolidated Results |
Price/Earnings | 41.45x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SALASAR TECHNO ENGINEERING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
SALASAR TECHNO ENGINEERING | 53.91 | 41.45 | 2,234.5 |
BHARAT ELECTRONICS LTD | 4,498.65 | 43.86 | 197,291.0 |
BHARAT HEAVY ELECTRICALS LTD | 168.85 | 406.88 | 68,701.1 |
THERMAX LTD | 732.69 | 60.78 | 44,535.3 |
TRIVENI TURBINE LTD | 315.52 | 69.21 | 21,836.6 |
KIRLOSKAR OIL ENGINES LTD | 515.82 | 26.48 | 13,660.2 |
ELECON ENGINEERING COMPANY LTD | 346.78 | 36.73 | 12,735.8 |
PRAJ INDUSTRIES LTD | 300.36 | 44.36 | 13,323.7 |
SHRIRAM PISTONS & RINGS LTD | 467.27 | 18.82 | 8,794.3 |
KIRLOSKAR BROTHERS LTD | 391.90 | 39.71 | 15,562.2 |
TEGA INDUSTRIES LTD | 164.03 | 66.46 | 10,901.8 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs SALASAR TECHNO ENGINEERING 's P/E Ratio
Top 10 Industry Peers | PE 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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