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WALCHANDNAGAR INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of WALCHANDNAGAR INDUSTRIES is -40.90.

Share Price ₹258.1Dec 26,2024
Market Cap ₹1,432.2 Cr
Earnings-TTM₹-35.0 CrTTM-Standalone Results
Price/Earnings-40.90xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of WALCHANDNAGAR INDUSTRIES

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 WALCHANDNAGAR INDUSTRIES is calculated as :

Current Market Cap [ ₹1,432.2 Cr] as on Dec 26,2024

(/) Earnings [ ₹-35.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ -40.90x ]

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

Thus, for WALCHANDNAGAR INDUSTRIES , the investors are currently willing to pay -40.90 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 WALCHANDNAGAR 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 WALCHANDNAGAR INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of WALCHANDNAGAR INDUSTRIES


PE Ratio Performance Analysis for WALCHANDNAGAR INDUSTRIES

- WALCHANDNAGAR INDUSTRIES 's latest p/e ratio is -40.90x.

- WALCHANDNAGAR INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.48x.

- WALCHANDNAGAR INDUSTRIES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, WALCHANDNAGAR INDUSTRIES 's p/e ratio peaked in Mar2023 at 12.41x.

- WALCHANDNAGAR INDUSTRIES 's p/e ratio hit its five-year low in Mar2024 of 0x.


How does WALCHANDNAGAR 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 RatioMarket Cap
WALCHANDNAGAR INDUSTRIES -35.02-40.901,432.2
BHARAT ELECTRONICS LTD4,498.6547.99215,894.0
BHARAT HEAVY ELECTRICALS LTD168.85498.6584,196.3
THERMAX LTD732.6972.8553,373.1
TRIVENI TURBINE LTD315.5274.3723,465.7
KIRLOSKAR OIL ENGINES LTD515.8228.8114,859.0
ELECON ENGINEERING COMPANY LTD346.7841.5314,402.0
PRAJ INDUSTRIES LTD300.3649.7714,947.7
SHRIRAM PISTONS & RINGS LTD467.2719.499,108.4
KIRLOSKAR BROTHERS LTD391.9040.3315,803.6
TEGA INDUSTRIES LTD164.0362.4710,247.1

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs WALCHANDNAGAR INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -40.90x
Max industry PE 498.65x
Median industry PE 47.99x
Average industry PE 81.39x



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