SHRIRAM PISTONS & RINGS
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The Current P/E Ratio of SHRIRAM PISTONS & RINGS is 23.93.
| Share Price | ₹2,988.3 | Jan 14,2026 |
| Market Cap | ₹13,148.5 Cr | |
| Earnings-TTM | ₹549.5 Cr | TTM-Consolidated Results |
| Price/Earnings | 23.93x | Calculated as Market Cap/Earnings |
|---|---|---|
| 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 [ ₹13,148.5 Cr] as on Jan 14,2026
(/) Earnings [ ₹549.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 23.93x ]
Thus, for SHRIRAM PISTONS & RINGS , the investors are currently willing to pay 23.93 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 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 | 549.52 | 23.93 | 13,148.5 |
| BHARAT HEAVY ELECTRICALS LTD | 502.33 | 185.53 | 93,197.4 |
| THERMAX LTD | 590.23 | 59.97 | 35,394.2 |
| JYOTI CNC AUTOMATION LTD | 346.13 | 61.17 | 21,173.1 |
| TRIVENI TURBINE LTD | 343.00 | 47.16 | 16,174.3 |
| KIRLOSKAR BROTHERS LTD | 375.20 | 34.15 | 12,811.8 |
| ELECON ENGINEERING COMPANY LTD | 478.54 | 18.57 | 8,886.2 |
| PRAJ INDUSTRIES LTD | 105.54 | 53.50 | 5,646.7 |
| KIRLOSKAR OIL ENGINES LTD | 487.82 | 34.77 | 16,962.7 |
| TEGA INDUSTRIES LTD | 230.77 | 61.03 | 14,082.7 |
| INOX INDIA LTD | 245.85 | 41.47 | 10,194.6 |
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 | 18.57x |
| Max industry PE | 185.53x |
| Median industry PE | 47.16x |
| Average industry PE | 56.48x |
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