ATUL AUTO
|
The Current P/E Ratio of ATUL AUTO is 245.35.
Share Price | ₹488.1 | Apr 19,2024 |
Market Cap | ₹1,356.8 Cr | |
Earnings-TTM | ₹5.5 Cr | TTM-Consolidated Results |
Price/Earnings | 245.35x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ATUL AUTO
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,356.8 Cr] as on Apr 19,2024
(/) Earnings [ ₹5.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 245.35x ]
Thus, for ATUL AUTO , the investors are currently willing to pay 245.35 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 ATUL AUTO !
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 ATUL AUTO over the last five years.
Historical PE (Price/Earnings) ratio chart of ATUL AUTO
PE Ratio Performance Analysis for ATUL AUTO
- ATUL AUTO 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 41.23x.
- ATUL AUTO 's operated at median p/e ratio of 5.84x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ATUL AUTO 's p/e ratio peaked in Mar2023 at 186.6x.
- ATUL AUTO 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does ATUL AUTO 's P/E Ratio benchmark against top 10 peers in Automobile Two & Three Wheelers Industry?
Peer Comparison (Automobile Two & Three Wheelers Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ATUL AUTO | 5.53 | 245.35 | 1,356.8 |
BAJAJ AUTO LTD | 7,435.15 | 33.03 | 245,551.0 |
EICHER MOTORS LTD | 3,346.85 | 35.51 | 118,854.0 |
TVS MOTOR COMPANY LTD | 1,741.26 | 51.81 | 90,214.3 |
HERO MOTOCORP LTD | 3,689.89 | 22.84 | 84,270.0 |
WARDWIZARD INNOVATIONS & MOBILITY LTD | 10.40 | 150.83 | 1,568.1 |
Automobile Two & Three Wheelers Industry Benchmark (Top 10) PE Analysis vs ATUL AUTO 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 22.84x |
Max industry PE | 245.35x |
Median industry PE | 51.81x |
Average industry PE | 89.89x |
You may also like the below Video Courses