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SPRAYKING
PE (Price/Earnings) Ratio

The Current P/E Ratio of SPRAYKING is 37.38.

Share Price ₹10.9Dec 26,2024
Market Cap ₹114.7 Cr
Earnings-TTM₹3.1 CrTTM-Standalone Results
Price/Earnings37.38xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SPRAYKING

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 SPRAYKING is calculated as :

Current Market Cap [ ₹114.7 Cr] as on Dec 26,2024

(/) Earnings [ ₹3.1 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 37.38x ]

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

Thus, for SPRAYKING , the investors are currently willing to pay 37.38 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 SPRAYKING !

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 SPRAYKING over the last five years.

Historical PE (Price/Earnings) ratio chart of SPRAYKING


PE Ratio Performance Analysis for SPRAYKING

- SPRAYKING 's latest p/e ratio is 37.38x.

- SPRAYKING 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 23.56x.

- SPRAYKING 's operated at median p/e ratio of 7.46x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SPRAYKING 's p/e ratio peaked in Mar2020 at 86.96x.

- SPRAYKING 's p/e ratio hit its five-year low in Mar2023 of 2.49x.


How does SPRAYKING '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
SPRAYKING 3.0737.38114.7
BHARAT ELECTRONICS LTD4,498.6547.99215,894.0
BHARAT HEAVY ELECTRICALS LTD168.85498.6584,196.3
THERMAX LTD732.6972.8553,373.1
TRIVENI TURBINE LTD315.5274.3723,465.7
KIRLOSKAR OIL ENGINES LTD515.8228.8114,859.0
ELECON ENGINEERING COMPANY LTD346.7841.5314,402.0
PRAJ INDUSTRIES LTD300.3649.7714,947.7
SHRIRAM PISTONS & RINGS LTD467.2719.499,108.4
KIRLOSKAR BROTHERS LTD391.9040.3315,803.6
TEGA INDUSTRIES LTD164.0362.4710,247.1

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

Top 10 Industry PeersPE Ratio
Min industry PE 19.49x
Max industry PE 498.65x
Median industry PE 47.99x
Average industry PE 88.51x



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