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AUTOMOBILE CORPORATION OF GOA
PE (Price/Earnings) Ratio

The Current P/E Ratio of AUTOMOBILE CORPORATION OF GOA is 34.80.

Share Price ₹2,007.2May 07,2024
Market Cap ₹1,224.4 Cr
Earnings-TTM₹35.2 CrTTM-Standalone Results
Price/Earnings34.80xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of AUTOMOBILE CORPORATION OF GOA

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 AUTOMOBILE CORPORATION OF GOA is calculated as :

Current Market Cap [ ₹1,224.4 Cr] as on May 07,2024

(/) Earnings [ ₹35.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 34.80x ]

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

Thus, for AUTOMOBILE CORPORATION OF GOA , the investors are currently willing to pay 34.80 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 AUTOMOBILE CORPORATION OF GOA !

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 AUTOMOBILE CORPORATION OF GOA over the last five years.

Historical PE (Price/Earnings) ratio chart of AUTOMOBILE CORPORATION OF GOA


PE Ratio Performance Analysis for AUTOMOBILE CORPORATION OF GOA

- AUTOMOBILE CORPORATION OF GOA 's latest p/e ratio is 34.80x.

- AUTOMOBILE CORPORATION OF GOA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 43.23x.

- AUTOMOBILE CORPORATION OF GOA 's operated at median p/e ratio of 17.23x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AUTOMOBILE CORPORATION OF GOA 's p/e ratio peaked in Mar2022 at 165.25x.

- AUTOMOBILE CORPORATION OF GOA 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does AUTOMOBILE CORPORATION OF GOA 's P/E Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Earnings-TTM (Cr)PE RatioMarket Cap
AUTOMOBILE CORPORATION OF GOA 35.1834.801,224.4
BOSCH LTD2,324.7037.5587,287.6
SAMVARDHANA MOTHERSON INTERNATIONAL LTD2,137.9839.7584,976.3
SONA BLW PRECISION FORGINGS LTD517.7869.5836,026.3
UNO MINDA LTD665.4462.0341,280.3
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD407.4662.2825,376.3
ENDURANCE TECHNOLOGIES LTD606.8044.0826,750.6
JBM AUTO LTD183.64118.7521,806.5
TVS HOLDINGS LTD1,761.1811.2219,766.4
MINDA CORPORATION LTD279.6034.469,636.1
CRAFTSMAN AUTOMATION LTD336.4826.989,079.4

Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs AUTOMOBILE CORPORATION OF GOA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 11.22x
Max industry PE 118.75x
Median industry PE 39.75x
Average industry PE 49.23x



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