ASHOK LEYLAND
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The Current P/E Ratio of ASHOK LEYLAND is 22.37.
Share Price | ₹194.0 | May 07,2024 |
Market Cap | ₹56,964.2 Cr | |
Earnings-TTM | ₹2,546.7 Cr | TTM-Consolidated Results |
Price/Earnings | 22.37x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ASHOK LEYLAND
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹56,964.2 Cr] as on May 07,2024
(/) Earnings [ ₹2,546.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 22.37x ]
Thus, for ASHOK LEYLAND , the investors are currently willing to pay 22.37 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 ASHOK LEYLAND !
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 ASHOK LEYLAND over the last five years.
Historical PE (Price/Earnings) ratio chart of ASHOK LEYLAND
PE Ratio Performance Analysis for ASHOK LEYLAND
- ASHOK LEYLAND 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 16.67x.
- ASHOK LEYLAND 's operated at median p/e ratio of 12.89x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASHOK LEYLAND 's p/e ratio peaked in Mar2020 at 37.54x.
- ASHOK LEYLAND 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does ASHOK LEYLAND 's P/E Ratio benchmark against top 10 peers in Automobiles-Trucks/Lcv Industry?
Peer Comparison (Automobiles-Trucks/Lcv Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ASHOK LEYLAND | 2,546.65 | 22.37 | 56,964.2 |
TATA MOTORS LTD | 19,229.70 | 17.08 | 328,452.0 |
OLECTRA GREENTECH LTD | 70.66 | 189.94 | 13,421.4 |
FORCE MOTORS LTD | 402.04 | 30.16 | 12,124.5 |
SML ISUZU LTD | 82.35 | 35.20 | 2,898.6 |
Automobiles-Trucks/Lcv Industry Benchmark (Top 10) PE Analysis vs ASHOK LEYLAND 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 17.08x |
Max industry PE | 189.94x |
Median industry PE | 30.16x |
Average industry PE | 58.95x |
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