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THEJO ENGINEERING
PE (Price/Earnings) Ratio

The Current P/E Ratio of THEJO ENGINEERING is 43.93.

Share Price ₹2,206.6Dec 23,2024
Market Cap ₹2,383.1 Cr
Earnings-TTM₹54.3 CrTTM-Consolidated Results
Price/Earnings43.93xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of THEJO ENGINEERING

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 THEJO ENGINEERING is calculated as :

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 ]

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

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 latest p/e ratio is 43.93x.

- 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 RatioMarket Cap
THEJO ENGINEERING 54.2543.932,383.1
RITES LTD430.9831.3413,507.4
ENGINEERS INDIA LTD278.1937.1510,336.0
MTAR TECHNOLOGIES LTD38.52134.965,198.7
KENNAMETAL INDIA LTD118.5056.416,685.1
INOX GREEN ENERGY SERVICES LTD29.33212.296,226.4
DIVGI TORQTRANSFER SYSTEMS LTD32.3859.071,913.0
PITTI ENGINEERING LTD112.2545.875,148.4
DEEP INDUSTRIES LTD144.9125.023,625.0
LOKESH MACHINES LTD14.3244.53637.4
PRITIKA AUTO INDUSTRIES LTD21.6219.08412.6

Engineering Industry Benchmark (Top 10) PE Analysis vs THEJO ENGINEERING 's P/E Ratio

Top 10 Industry PeersPE 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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