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ZODIAC ENERGY
PE (Price/Earnings) Ratio

The Current P/E Ratio of ZODIAC ENERGY is 68.96.

Share Price ₹568.5Oct 31,2024
Market Cap ₹858.4 Cr
Earnings-TTM₹12.4 CrTTM-Standalone Results
Price/Earnings68.96xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ZODIAC ENERGY

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 ZODIAC ENERGY is calculated as :

Current Market Cap [ ₹858.4 Cr] as on Oct 31,2024

(/) Earnings [ ₹12.4 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 68.96x ]

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

Thus, for ZODIAC ENERGY , the investors are currently willing to pay 68.96 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 ZODIAC ENERGY !

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 ZODIAC ENERGY over the last five years.

Historical PE (Price/Earnings) ratio chart of ZODIAC ENERGY


PE Ratio Performance Analysis for ZODIAC ENERGY

- ZODIAC ENERGY 's latest p/e ratio is 68.96x.

- ZODIAC ENERGY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 24.44x.

- ZODIAC ENERGY 's operated at median p/e ratio of 23.48x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ZODIAC ENERGY 's p/e ratio peaked in Mar2024 at 51.85x.

- ZODIAC ENERGY 's p/e ratio hit its five-year low in Mar2020 of 1.41x.


How does ZODIAC ENERGY '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
ZODIAC ENERGY 12.4568.96858.4
BHARAT ELECTRONICS LTD4,498.6546.28208,219.0
BHARAT HEAVY ELECTRICALS LTD168.85492.9783,238.7
THERMAX LTD693.5184.6358,691.6
TRIVENI TURBINE LTD288.7276.2022,001.8
KIRLOSKAR OIL ENGINES LTD469.2935.4516,638.0
ELECON ENGINEERING COMPANY LTD346.7837.1912,896.3
PRAJ INDUSTRIES LTD300.3645.1313,555.3
SHRIRAM PISTONS & RINGS LTD467.2720.369,515.6
KIRLOSKAR BROTHERS LTD391.9039.1015,325.1
TEGA INDUSTRIES LTD204.4962.6512,812.1

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

Top 10 Industry PeersPE Ratio
Min industry PE 20.36x
Max industry PE 492.97x
Median industry PE 46.28x
Average industry PE 91.72x



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