PIGLOther Electrical Equipment
Power & Instrumentation Gujarat Ltd — PE Ratio & Valuation Analysis
₹97.40
-4.53%
Current P/E19.63xPrice to earnings
Industry P/E33.84xSector average
4Y Avg P/E28.3x30.6% below avg
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42.0% Discount to Industry
PIGL P/E 19.63x vs sector avg 33.84x
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Historical PE Ratio
| Year | EPS (₹) | Year-end Price | PE Ratio |
|---|---|---|---|
| 2024 | ₹4.70 | ₹333 | 70.9x |
| 2023 | ₹3.33 | ₹52 | 15.7x |
| 2022 | ₹3.37 | ₹54 | 16.1x |
| 2021 | ₹4.91 | ₹51 | 10.4x |
PE = Year-end closing price ÷ Diluted EPS. Source: NSE/BSE filings.
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Understanding Power & Instrumentation Gujarat Ltd Valuation
Power & Instrumentation Gujarat Ltd (PIGL) currently trades at 19.63x earnings. The Other Electrical Equipment sector average PE is 33.84x. PIGL is trading at a discount to peers — may indicate relative value. Historically, PIGL has traded at an average PE of 28.3x — it is currently below that level. Always evaluate PE alongside earnings growth (PEG ratio), return on equity, debt levels and business quality. A lower PE isn't always better. Educational data only — not investment advice.
ROE
14.53%
Dividend Yield
0.14%
More on Power & Instrumentation Gujarat Ltd
Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.