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TECHNO ELECTRIC & ENGINEERING COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of TECHNO ELECTRIC & ENGINEERING COMPANY is 35.87.

Share Price ₹990.0Apr 11,2025
Market Cap ₹11,513.7 Cr
Earnings-TTM₹321.0 CrTTM-Consolidated Results
Price/Earnings35.87xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TECHNO ELECTRIC & ENGINEERING COMPANY

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 TECHNO ELECTRIC & ENGINEERING COMPANY is calculated as :

Current Market Cap [ ₹11,513.7 Cr] as on Apr 11,2025

(/) Earnings [ ₹321.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 35.87x ]

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

Thus, for TECHNO ELECTRIC & ENGINEERING COMPANY , the investors are currently willing to pay 35.87 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 TECHNO ELECTRIC & ENGINEERING COMPANY !

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 TECHNO ELECTRIC & ENGINEERING COMPANY over the last five years.

Historical PE (Price/Earnings) ratio chart of TECHNO ELECTRIC & ENGINEERING COMPANY


PE Ratio Performance Analysis for TECHNO ELECTRIC & ENGINEERING COMPANY

- TECHNO ELECTRIC & ENGINEERING COMPANY 's latest p/e ratio is 35.87x.

- TECHNO ELECTRIC & ENGINEERING COMPANY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 18.72x.

- TECHNO ELECTRIC & ENGINEERING COMPANY 's operated at median p/e ratio of 18.51x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TECHNO ELECTRIC & ENGINEERING COMPANY 's p/e ratio peaked in Mar2024 at 30.91x.

- TECHNO ELECTRIC & ENGINEERING COMPANY 's p/e ratio hit its five-year low in Mar2022 of 10.31x.


How does TECHNO ELECTRIC & ENGINEERING COMPANY 's P/E Ratio benchmark against top 10 peers in Engineering - Construction Industry?

Peer Comparison (Engineering - Construction Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TECHNO ELECTRIC & ENGINEERING COMPANY 321.0135.8711,513.7
LARSEN & TOUBRO LTD16,557.5025.89428,654.0
RAIL VIKAS NIGAM LTD1,214.6959.4372,183.4
IRB INFRASTRUCTURE DEVELOPERS LTD6,727.274.0427,199.7
KEC INTERNATIONAL LTD454.3038.6617,561.2
AFCONS INFRASTRUCTURE LTD498.1731.6815,781.6
KALPATARU PROJECTS INTERNATIONAL LTD518.1529.5815,328.5
IRCON INTERNATIONAL LTD709.4219.8314,070.1
NCC LTD830.7215.8513,169.1
GR INFRAPROJECTS LTD1,013.2810.2410,374.9
ITD CEMENTATION INDIA LTD348.3325.909,023.1

Engineering - Construction Industry Benchmark (Top 10) PE Analysis vs TECHNO ELECTRIC & ENGINEERING COMPANY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 4.04x
Max industry PE 59.43x
Median industry PE 25.90x
Average industry PE 27.00x



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