SHRIRAM PISTONS & RINGS
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The Current P/E Ratio of SHRIRAM PISTONS & RINGS is 22.14.
Share Price | ₹2,684.1 | Oct 16,2025 |
Market Cap | ₹11,809.8 Cr | |
Earnings-TTM | ₹533.3 Cr | TTM-Consolidated Results |
Price/Earnings | 22.14x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SHRIRAM PISTONS & RINGS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹11,809.8 Cr] as on Oct 16,2025
(/) Earnings [ ₹533.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 22.14x ]
Thus, for SHRIRAM PISTONS & RINGS , the investors are currently willing to pay 22.14 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 SHRIRAM PISTONS & RINGS !
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 SHRIRAM PISTONS & RINGS over the last five years.
Historical PE (Price/Earnings) ratio chart of SHRIRAM PISTONS & RINGS
PE Ratio Performance Analysis for SHRIRAM PISTONS & RINGS
- SHRIRAM PISTONS & RINGS 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 10.90x.
- SHRIRAM PISTONS & RINGS 's operated at median p/e ratio of 10.04x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHRIRAM PISTONS & RINGS 's p/e ratio peaked in Mar2024 at 19.52x.
- SHRIRAM PISTONS & RINGS 's p/e ratio hit its five-year low in Mar2023 of 3.78x.
How does SHRIRAM PISTONS & RINGS '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 |
---|---|---|---|
SHRIRAM PISTONS & RINGS | 533.30 | 22.14 | 11,809.8 |
BHARAT HEAVY ELECTRICALS LTD | 231.33 | 355.39 | 82,211.5 |
THERMAX LTD | 668.73 | 56.41 | 37,726.1 |
JYOTI CNC AUTOMATION LTD | 336.51 | 62.19 | 20,926.3 |
TRIVENI TURBINE LTD | 342.60 | 48.47 | 16,604.5 |
KIRLOSKAR BROTHERS LTD | 403.10 | 38.68 | 15,592.3 |
ELECON ENGINEERING COMPANY LTD | 513.07 | 23.75 | 12,183.8 |
PRAJ INDUSTRIES LTD | 140.09 | 44.59 | 6,246.9 |
KIRLOSKAR OIL ENGINES LTD | 453.51 | 28.21 | 12,795.4 |
TEGA INDUSTRIES LTD | 194.08 | 64.99 | 12,612.8 |
INOX INDIA LTD | 234.51 | 45.84 | 10,749.6 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs SHRIRAM PISTONS & RINGS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 22.14x |
Max industry PE | 355.39x |
Median industry PE | 45.84x |
Average industry PE | 71.88x |
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