SHRADDHA PRIME PROJECTS
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The Current P/E Ratio of SHRADDHA PRIME PROJECTS is 34.93.
Share Price | ₹219.6 | Dec 03,2024 |
Market Cap | ₹443.6 Cr | |
Earnings-TTM | ₹12.7 Cr | TTM-Consolidated Results |
Price/Earnings | 34.93x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SHRADDHA PRIME PROJECTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹443.6 Cr] as on Dec 03,2024
(/) Earnings [ ₹12.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 34.93x ]
Thus, for SHRADDHA PRIME PROJECTS , the investors are currently willing to pay 34.93 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 SHRADDHA PRIME PROJECTS !
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 SHRADDHA PRIME PROJECTS over the last five years.
Historical PE (Price/Earnings) ratio chart of SHRADDHA PRIME PROJECTS
PE Ratio Performance Analysis for SHRADDHA PRIME PROJECTS
- SHRADDHA PRIME PROJECTS 's p/e ratio for fiscal years ending Mar2024 to Mar2023 averaged 34.41x.
- SHRADDHA PRIME PROJECTS 's operated at median p/e ratio of 50.66x from fiscal years ending March 2018 to 2022.
- Looking back at the last 2 fiscal years, SHRADDHA PRIME PROJECTS 's p/e ratio peaked in Mar2024 at 50.66x.
- SHRADDHA PRIME PROJECTS 's p/e ratio hit its five-year low in Mar2023 of 18.15x.
How does SHRADDHA PRIME PROJECTS '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 |
---|---|---|---|
SHRADDHA PRIME PROJECTS | 12.70 | 34.93 | 443.6 |
BHARAT ELECTRONICS LTD | 4,498.65 | 50.70 | 228,065.0 |
BHARAT HEAVY ELECTRICALS LTD | 168.85 | 520.40 | 87,869.9 |
THERMAX LTD | 732.69 | 78.41 | 57,447.6 |
TRIVENI TURBINE LTD | 315.52 | 74.52 | 23,511.8 |
KIRLOSKAR OIL ENGINES LTD | 515.82 | 31.50 | 16,246.1 |
ELECON ENGINEERING COMPANY LTD | 346.78 | 40.32 | 13,983.5 |
PRAJ INDUSTRIES LTD | 300.36 | 50.29 | 15,105.8 |
SHRIRAM PISTONS & RINGS LTD | 467.27 | 20.27 | 9,469.6 |
KIRLOSKAR BROTHERS LTD | 391.90 | 47.68 | 18,686.9 |
TEGA INDUSTRIES LTD | 164.03 | 69.22 | 11,355.0 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs SHRADDHA PRIME PROJECTS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 20.27x |
Max industry PE | 520.40x |
Median industry PE | 50.29x |
Average industry PE | 92.57x |
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