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Meera Industries Ltd PE Ratio

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Meera Industries Ltd

NSE: MEERAINDUSTRIES

PE

21.3

Last updated on: Jan 15, 2025

Key Highlights

  • The P/E Ratio of Meera Industries Ltd is 21.3 as of 15 Jan 11:22 AM .
  • The P/E Ratio of Meera Industries Ltd changed from 91 on March 2020 to 31.9 on March 2024 . This represents a CAGR of -18.91% over 5 years.
  • The Latest Trading Price of Meera Industries Ltd is ₹ 68.1 as of 15 Jan 11:08 .
  • The PE Ratio of Capital Goods-Non Electrical Equipment Industry has changed from 24.3 to 45.9 in 5 years. This represents a CAGR of 13.56%.
  • The PE Ratio of Automobile industry is 20.3. The PE Ratio of Capital Goods-Non Electrical Equipment industry is 45.9. The PE Ratio of Finance industry is 17.8. The PE Ratio of IT - Software industry is 30.4. The PE Ratio of Retail industry is 157.6. The PE Ratio of Textiles industry is 36.9 in 2024.

Historical P/E Ratio of Meera Industries Ltd

No data available

Company Fundamentals for Meera Industries Ltd

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Meera Industries Ltd

NSE: MEERAINDUSTRIES

Share Price

₹ 68.1

3.24 (5.00%)

stock direction

Last updated on: Jan 15, 2025

Market Price of Meera Industries Ltd

1M

1Y

3Y

5Y

Monitoring Meera Industries Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
14 Jan 202564.86
13 Jan 202565.99
10 Jan 202569.46
09 Jan 202570.52
08 Jan 202573.76
07 Jan 202575.09
06 Jan 202578.42
03 Jan 202576.67
02 Jan 202575.17
01 Jan 202576.5

BlinkX Score for Meera Industries Ltd

Asset Value vs Market Value of Meera Industries Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/E Ratio

Company
leftMarket Capright
Meera Industries Ltd69.26
Cummins India Ltd81545
Thermax Ltd44535
Jyoti CNC Automation Ltd27532
Carborundum Universal Ltd23503

PE Ratio of Meera Industries Ltd Explained

``

69.26

Market cap

3

Earnings

21.3X

PE Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Capital Goods-Non Electrical Equipment Industry over time

PE Ratio of Top Sectors

Historical Market Cap of Meera Industries Ltd

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Meera Industries Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Historical Dividend Payout of Meera Industries Ltd

No data available

* All values are in %

About Meera Industries Ltd

  • Meera Industries Limited was originally incorporated as a Private Limited Company with the name 'Meera Industries Private Limited' on July 05, 2006.
  • Pursuant to Deed of Assignment dated September 25, 2006 for takeover of assets and liabilities of M/s.
  • Meera Industries, the Company acquired the business of M/s.
  • Meera Industries, a proprietorship concern of one of its Promoter Mrs. Bijal D. Desai.
  • Further the status of the Company was changed to Public Limited and the name of the Company was changed to 'Meera Industries Limited' on March 09, 2017. The Company is a growing textile machine manufacturer dealing in twisting, cabling, winding and heat setting machines.

Meera Industries Ltd News Hub

Meera Industries to convene AGM

Meera Industries announced that the 18th Annual General Meeting (AGM) of the company will be held on

Read more

2024-08-13 00:00:00

Board of Meera Industries recommends interim dividend

Meera Industries announced that the Board of Directors of the Company at its meeting held on 12 Augu

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2024-08-13 00:00:00

Meera Industries fixes record date for interim dividend

Meera Industries has fixed 23 August 2024 as record date for the purpose of interim dividend for FY

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2024-08-13 00:00:00

Meera Industries consolidated net profit rises 1025.00% in the June 2024 quarter

Net profit of Meera Industries rose 1025.00% to Rs 0.90 crore in the quarter ended June 2024 as agai

Read more

2024-08-13 00:00:00

Product Composition by Percentage (Revenue)

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Annual Reports

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Credit Ratings

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Concalls

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FAQs for PE of Meera Industries Ltd

What is the current PE Ratio of Meera Industries Ltd?

The Current PE Ratio of Meera Industries Ltd is 21.34 as on 15 Jan 2025.

What is the average PE Ratio of the Capital Goods-Non Electrical Equipment industry?

The average industry PE Ratio of Capital Goods-Non Electrical Equipment is 45.9 as on 15 Jan 2025.

What was the PE Ratio of Meera Industries Ltd last year?

The PE Ratio of Meera Industries Ltd was 0.0 last year, now the PE ratio is 21.34, showing a year-on-year growth of -%.

What does the PE Ratio of Meera Industries Ltd indicate about its stock?

The PE Ratio of Meera Industries Ltd is 21.34. This ratio indicates that investors are willing to pay 21.34 times the earnings per share for each share of Meera Industries Ltd.

What is the PE Ratio Growth of Meera Industries Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Meera Industries Ltd grew by -% whereas, the EPS ratio grew by 42.4.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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