TEGA INDUSTRIES
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The Current P/E Ratio of TEGA INDUSTRIES is 53.61.
Share Price | ₹1,470.6 | Apr 03,2025 |
Market Cap | ₹9,779.2 Cr | |
Earnings-TTM | ₹182.4 Cr | TTM-Consolidated Results |
Price/Earnings | 53.61x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TEGA INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹9,779.2 Cr] as on Apr 03,2025
(/) Earnings [ ₹182.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 53.61x ]
Thus, for TEGA INDUSTRIES , the investors are currently willing to pay 53.61 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 TEGA INDUSTRIES !
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 TEGA INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of TEGA INDUSTRIES
PE Ratio Performance Analysis for TEGA INDUSTRIES
- TEGA INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 18.95x.
- TEGA INDUSTRIES 's operated at median p/e ratio of 25.42x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TEGA INDUSTRIES 's p/e ratio peaked in Mar2024 at 42.65x.
- TEGA INDUSTRIES 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does TEGA INDUSTRIES '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 |
---|---|---|---|
TEGA INDUSTRIES | 182.41 | 53.61 | 9,779.2 |
BHARAT HEAVY ELECTRICALS LTD | 456.39 | 166.86 | 76,152.7 |
THERMAX LTD | 609.53 | 69.37 | 42,285.0 |
JYOTI CNC AUTOMATION LTD | 306.68 | 78.10 | 23,951.1 |
TRIVENI TURBINE LTD | 339.57 | 50.14 | 17,025.5 |
KIRLOSKAR BROTHERS LTD | 422.40 | 32.49 | 13,723.5 |
ELECON ENGINEERING COMPANY LTD | 364.15 | 28.01 | 10,201.2 |
PRAJ INDUSTRIES LTD | 271.05 | 35.56 | 9,638.2 |
KIRLOSKAR OIL ENGINES LTD | 494.99 | 22.08 | 10,930.5 |
SHRIRAM PISTONS & RINGS LTD | 480.48 | 17.57 | 8,441.3 |
INOX INDIA LTD | 204.59 | 45.17 | 9,241.5 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs TEGA INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 17.57x |
Max industry PE | 166.86x |
Median industry PE | 45.17x |
Average industry PE | 54.45x |
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