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VELJAN DENISON
PE (Price/Earnings) Ratio

The Current P/E Ratio of VELJAN DENISON is 20.64.

Share Price ₹1,072.9Feb 21,2025
Market Cap ₹482.8 Cr
Earnings-TTM₹23.4 CrTTM-Consolidated Results
Price/Earnings20.64xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of VELJAN DENISON

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 VELJAN DENISON is calculated as :

Current Market Cap [ ₹482.8 Cr] as on Feb 21,2025

(/) Earnings [ ₹23.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 20.64x ]

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

Thus, for VELJAN DENISON , the investors are currently willing to pay 20.64 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 VELJAN DENISON !

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 VELJAN DENISON over the last five years.

Historical PE (Price/Earnings) ratio chart of VELJAN DENISON


PE Ratio Performance Analysis for VELJAN DENISON

- VELJAN DENISON 's latest p/e ratio is 20.64x.

- VELJAN DENISON 's p/e ratio for fiscal years ending Mar2024 to Mar2023 averaged 14.47x.

- VELJAN DENISON 's operated at median p/e ratio of 20.31x from fiscal years ending March 2018 to 2022.

- Looking back at the last 2 fiscal years, VELJAN DENISON 's p/e ratio peaked in Mar2024 at 20.31x.

- VELJAN DENISON 's p/e ratio hit its five-year low in Mar2023 of 8.62x.


How does VELJAN DENISON 's P/E Ratio benchmark against top 10 peers in Compressors / Pumps Industry?

Peer Comparison (Compressors / Pumps Industry)Earnings-TTM (Cr)PE RatioMarket Cap
VELJAN DENISON 23.3920.64482.8
ELGI EQUIPMENTS LTD320.1347.2115,111.8
INGERSOLLRAND (INDIA) LTD263.7441.4810,940.4
KSB LTD223.8049.9311,175.1
SHAKTI PUMPS (INDIA) LTD387.7928.2410,950.0
KIRLOSKAR PNEUMATIC COMPANY LTD190.6535.596,784.7
DYNAMATIC TECHNOLOGIES LTD84.0652.374,402.1
WPIL LTD213.5419.044,065.1
ROTO PUMPS LTD33.8640.631,376.0
LATTEYS INDUSTRIES LTD1.6271.44115.5

Compressors / Pumps Industry Benchmark (Top 10) PE Analysis vs VELJAN DENISON 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 19.04x
Max industry PE 71.44x
Median industry PE 41.48x
Average industry PE 40.66x



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