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ASK AUTOMOTIVE
PE (Price/Earnings) Ratio

The Current P/E Ratio of ASK AUTOMOTIVE is 42.52.

Share Price ₹316.4May 21,2024
Market Cap ₹6,236.2 Cr
Earnings-TTM₹146.7 CrTTM-Consolidated Results
Price/Earnings42.52xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ASK AUTOMOTIVE

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 ASK AUTOMOTIVE is calculated as :

Current Market Cap [ ₹6,236.2 Cr] as on May 21,2024

(/) Earnings [ ₹146.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 42.52x ]

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

Thus, for ASK AUTOMOTIVE , the investors are currently willing to pay 42.52 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 ASK AUTOMOTIVE !

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 ASK AUTOMOTIVE over the last five years.

Historical PE (Price/Earnings) ratio chart of ASK AUTOMOTIVE


PE Ratio Performance Analysis for ASK AUTOMOTIVE

- ASK AUTOMOTIVE 's latest p/e ratio is 42.52x.

- ASK AUTOMOTIVE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.00x.

- ASK AUTOMOTIVE 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ASK AUTOMOTIVE 's p/e ratio peaked in Mar2023 at 0x.

- ASK AUTOMOTIVE 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does ASK AUTOMOTIVE 's P/E Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ASK AUTOMOTIVE 146.6742.526,236.2
BOSCH LTD2,324.7039.1891,087.3
SAMVARDHANA MOTHERSON INTERNATIONAL LTD2,137.9841.6689,076.1
SONA BLW PRECISION FORGINGS LTD517.7872.2237,392.7
UNO MINDA LTD665.4465.5243,602.5
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD407.4662.6325,519.5
ENDURANCE TECHNOLOGIES LTD680.4943.0829,317.7
JBM AUTO LTD183.64116.3621,367.8
TVS HOLDINGS LTD1,906.4811.6222,145.6
MINDA CORPORATION LTD279.6036.3510,163.3
CRAFTSMAN AUTOMATION LTD336.4827.509,253.0

Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs ASK AUTOMOTIVE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 11.62x
Max industry PE 116.36x
Median industry PE 42.52x
Average industry PE 50.79x



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