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WALCHANDNAGAR INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of WALCHANDNAGAR INDUSTRIES is -40.79.

Share Price ₹257.9Dec 03,2024
Market Cap ₹1,428.5 Cr
Earnings-TTM₹-35.0 CrTTM-Standalone Results
Price/Earnings-40.79xCalculated 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 [ ₹1,428.5 Cr] as on Dec 03,2024

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

(=) P/E Ratio [ -40.79x ]

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 -40.79 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 -40.79x.

- 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 -35.02-40.791,428.5
BHARAT ELECTRONICS LTD4,498.6550.70228,065.0
BHARAT HEAVY ELECTRICALS LTD168.85520.4087,869.9
THERMAX LTD732.6978.4157,447.6
TRIVENI TURBINE LTD315.5274.5223,511.8
KIRLOSKAR OIL ENGINES LTD515.8231.5016,246.1
ELECON ENGINEERING COMPANY LTD346.7840.3213,983.5
PRAJ INDUSTRIES LTD300.3650.2915,105.8
SHRIRAM PISTONS & RINGS LTD467.2720.279,469.6
KIRLOSKAR BROTHERS LTD391.9047.6818,686.9
TEGA INDUSTRIES LTD164.0369.2211,355.0

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

Top 10 Industry PeersPE Ratio
Min industry PE -40.79x
Max industry PE 520.40x
Median industry PE 50.29x
Average industry PE 85.68x



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