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Marine Electricals (India) Ltd
NSE:MARINE

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Marine Electricals (India) Ltd
NSE:MARINE
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Price: 229.3 INR -1.43% Market Closed
Market Cap: ₹32.1B

P/E

59.4
Current
5%
More Expensive
vs 3-y average of 56.8

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
59.4
=
Market Cap
₹26.7B
/
Net Income
₹532.7m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
59.4
=
Market Cap
₹26.7B
/
Net Income
₹532.7m

Valuation Scenarios

Marine Electricals (India) Ltd is trading above its 3-year average

If P/E returns to its 3-Year Average (56.8), the stock would be worth ₹219.29 (4% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-52%
Maximum Upside
No Upside Scenarios
Average Downside
24%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 59.4 ₹229.3
0%
3-Year Average 56.8 ₹219.29
-4%
5-Year Average 52.5 ₹202.76
-12%
Industry Average 43.2 ₹166.81
-27%
Country Average 28.7 ₹110.85
-52%

Forward P/E
Today’s price vs future net income

Not enough data available to calculate forward P/E

Market Distribution

Higher than 80% of companies in India
Percentile
80th
Based on 3 123 companies
80th percentile
59.4
Low
0 — 18.9
Typical Range
18.9 — 44.4
High
44.4 —
Distribution Statistics
India
Min 0
30th Percentile 18.9
Median 28.7
70th Percentile 44.4
Max 877 228.1

Marine Electricals (India) Ltd
Glance View

Market Cap
32.1B INR
Industry
Electrical Equipment

Marine Electricals (India) Ltd. engages in the provision of electrical and automation solutions in the marine sector. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2018-10-11. The firm operates through two segments: Electricals & Electronics and Solar. The firm's solutions include Marine, Industrial and Renewable Energy. Its Marine solutions include power generation & distribution, navigation and communication, electrical propulsion, integrated platform management system, information technology, and engineering and project management. Its Industrial solutions include low voltage (LV) MEcubE3, medium voltage (MV) MEpoweR3, Busduct solution and others. The company provides solar power solutions to the industrial, institutional and commercial sectors. The company also provides services like designing, fabricating etc. for all types of electrical & electronic installations in India and abroad and undertakes annual maintenance contracts.

MARINE Intrinsic Value
114.92 INR
Overvaluation 50%
Intrinsic Value
Price ₹229.3
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