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ATUL AUTO
PE (Price/Earnings) Ratio

The Current P/E Ratio of ATUL AUTO is 245.35.

Share Price ₹488.1Apr 19,2024
Market Cap ₹1,356.8 Cr
Earnings-TTM₹5.5 CrTTM-Consolidated Results
Price/Earnings245.35xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ATUL AUTO

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 ATUL AUTO is calculated as :

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 ]

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

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 latest p/e ratio is 245.35x.

- 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 RatioMarket Cap
ATUL AUTO 5.53245.351,356.8
BAJAJ AUTO LTD7,435.1533.03245,551.0
EICHER MOTORS LTD3,346.8535.51118,854.0
TVS MOTOR COMPANY LTD1,741.2651.8190,214.3
HERO MOTOCORP LTD3,689.8922.8484,270.0
WARDWIZARD INNOVATIONS & MOBILITY LTD10.40150.831,568.1

Automobile Two & Three Wheelers Industry Benchmark (Top 10) PE Analysis vs ATUL AUTO 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 22.84x
Max industry PE 245.35x
Median industry PE 51.81x
Average industry PE 89.89x



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