TECHNO ELECTRIC & ENGINEERING COMPANY
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The Current P/E Ratio of TECHNO ELECTRIC & ENGINEERING COMPANY is 38.13.
Share Price | ₹1,039.0 | Feb 01,2025 |
Market Cap | ₹12,083.6 Cr | |
Earnings-TTM | ₹316.9 Cr | TTM-Consolidated Results |
Price/Earnings | 38.13x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of TECHNO ELECTRIC & ENGINEERING COMPANY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
TECHNO ELECTRIC & ENGINEERING COMPANY | 316.89 | 38.13 | 12,083.6 |
LARSEN & TOUBRO LTD | 16,557.50 | 28.63 | 474,064.0 |
RAIL VIKAS NIGAM LTD | 1,288.58 | 70.14 | 90,375.2 |
GMR AIRPORTS INFRASTRUCTURE LTD | -917.11 | -84.96 | 77,914.7 |
IRB INFRASTRUCTURE DEVELOPERS LTD | 6,727.27 | 5.00 | 33,607.0 |
IRCON INTERNATIONAL LTD | 838.25 | 22.54 | 18,895.0 |
KEC INTERNATIONAL LTD | 421.61 | 52.17 | 21,997.4 |
KALPATARU PROJECTS INTERNATIONAL LTD | 522.56 | 33.59 | 17,551.2 |
NCC LTD | 864.51 | 16.81 | 14,531.5 |
GR INFRAPROJECTS LTD | 1,044.95 | 11.82 | 12,350.8 |
STERLING AND WILSON RENEWABLE ENERGY LTD | 31.94 | 233.75 | 7,466.0 |
Engineering - Construction Industry Benchmark (Top 10) PE Analysis vs TECHNO ELECTRIC & ENGINEERING COMPANY 's P/E Ratio
Top 10 Industry Peers | PE 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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