THEJO ENGINEERING
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The Current P/E Ratio of THEJO ENGINEERING is 33.86.
Share Price | ₹1,700.7 | Jan 27,2025 |
Market Cap | ₹1,836.8 Cr | |
Earnings-TTM | ₹54.3 Cr | TTM-Consolidated Results |
Price/Earnings | 33.86x | 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 [ ₹1,836.8 Cr] as on Jan 27,2025
(/) Earnings [ ₹54.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 33.86x ]
Thus, for THEJO ENGINEERING , the investors are currently willing to pay 33.86 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 | 33.86 | 1,836.8 |
RITES LTD | 430.98 | 28.37 | 12,226.6 |
ENGINEERS INDIA LTD | 278.19 | 32.47 | 9,032.0 |
MTAR TECHNOLOGIES LTD | 38.52 | 122.55 | 4,720.5 |
KENNAMETAL INDIA LTD | 118.50 | 42.31 | 5,014.1 |
INOX GREEN ENERGY SERVICES LTD | 29.33 | 182.32 | 5,347.4 |
DIVGI TORQTRANSFER SYSTEMS LTD | 32.38 | 55.43 | 1,794.9 |
PITTI ENGINEERING LTD | 112.25 | 38.61 | 4,333.4 |
DEEP INDUSTRIES LTD | 144.91 | 21.67 | 3,139.8 |
LOKESH MACHINES LTD | 14.32 | 37.46 | 536.2 |
PRITIKA AUTO INDUSTRIES LTD | 21.62 | 16.60 | 359.0 |
Engineering Industry Benchmark (Top 10) PE Analysis vs THEJO ENGINEERING 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 16.60x |
Max industry PE | 182.32x |
Median industry PE | 37.46x |
Average industry PE | 55.60x |
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