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

The Current P/E Ratio of TECHNO ELECTRIC & ENGINEERING COMPANY is 38.13.

Share Price ₹1,039.0Feb 01,2025
Market Cap ₹12,083.6 Cr
Earnings-TTM₹316.9 CrTTM-Consolidated Results
Price/Earnings38.13xCalculated 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 [ ₹12,083.6 Cr] as on Feb 01,2025

(/) Earnings [ ₹316.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 38.13x ]

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 38.13 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 38.13x.

- 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 316.8938.1312,083.6
LARSEN & TOUBRO LTD16,557.5028.63474,064.0
RAIL VIKAS NIGAM LTD1,288.5870.1490,375.2
GMR AIRPORTS INFRASTRUCTURE LTD-917.11-84.9677,914.7
IRB INFRASTRUCTURE DEVELOPERS LTD6,727.275.0033,607.0
IRCON INTERNATIONAL LTD838.2522.5418,895.0
KEC INTERNATIONAL LTD421.6152.1721,997.4
KALPATARU PROJECTS INTERNATIONAL LTD522.5633.5917,551.2
NCC LTD864.5116.8114,531.5
GR INFRAPROJECTS LTD1,044.9511.8212,350.8
STERLING AND WILSON RENEWABLE ENERGY LTD31.94233.757,466.0

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 -84.96x
Max industry PE 233.75x
Median industry PE 28.63x
Average industry PE 38.87x



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