THEJO ENGINEERING
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The Current P/E Ratio of THEJO ENGINEERING is 43.93.
Share Price | ₹2,206.6 | Dec 23,2024 |
Market Cap | ₹2,383.1 Cr | |
Earnings-TTM | ₹54.3 Cr | TTM-Consolidated Results |
Price/Earnings | 43.93x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of THEJO ENGINEERING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,383.1 Cr] as on Dec 23,2024
(/) Earnings [ ₹54.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 43.93x ]
Thus, for THEJO ENGINEERING , the investors are currently willing to pay 43.93 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 THEJO ENGINEERING !
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 THEJO ENGINEERING over the last five years.
Historical PE (Price/Earnings) ratio chart of THEJO ENGINEERING
PE Ratio Performance Analysis for THEJO ENGINEERING
- THEJO ENGINEERING 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 26.48x.
- THEJO ENGINEERING 's operated at median p/e ratio of 34.06x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, THEJO ENGINEERING 's p/e ratio peaked in Mar2024 at 47.31x.
- THEJO ENGINEERING 's p/e ratio hit its five-year low in Mar2020 of 2.07x.
How does THEJO ENGINEERING 's P/E Ratio benchmark against top 10 peers in Engineering Industry?
Peer Comparison (Engineering Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
THEJO ENGINEERING | 54.25 | 43.93 | 2,383.1 |
RITES LTD | 430.98 | 31.34 | 13,507.4 |
ENGINEERS INDIA LTD | 278.19 | 37.15 | 10,336.0 |
MTAR TECHNOLOGIES LTD | 38.52 | 134.96 | 5,198.7 |
KENNAMETAL INDIA LTD | 118.50 | 56.41 | 6,685.1 |
INOX GREEN ENERGY SERVICES LTD | 29.33 | 212.29 | 6,226.4 |
DIVGI TORQTRANSFER SYSTEMS LTD | 32.38 | 59.07 | 1,913.0 |
PITTI ENGINEERING LTD | 112.25 | 45.87 | 5,148.4 |
DEEP INDUSTRIES LTD | 144.91 | 25.02 | 3,625.0 |
LOKESH MACHINES LTD | 14.32 | 44.53 | 637.4 |
PRITIKA AUTO INDUSTRIES LTD | 21.62 | 19.08 | 412.6 |
Engineering Industry Benchmark (Top 10) PE Analysis vs THEJO ENGINEERING 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 19.08x |
Max industry PE | 212.29x |
Median industry PE | 44.53x |
Average industry PE | 64.51x |
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