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BAJAJ AUTO
PE (Price/Earnings) Ratio

The Current P/E Ratio of BAJAJ AUTO is 29.36.

Share Price ₹8,440.9Feb 18,2025
Market Cap ₹235,752.9 Cr
Earnings-TTM₹8,030.7 CrTTM-Consolidated Results
Price/Earnings29.36xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BAJAJ 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 BAJAJ AUTO is calculated as :

Current Market Cap [ ₹235,752.9 Cr] as on Feb 18,2025

(/) Earnings [ ₹8,030.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 29.36x ]

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

Thus, for BAJAJ AUTO , the investors are currently willing to pay 29.36 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 BAJAJ 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 BAJAJ AUTO over the last five years.

Historical PE (Price/Earnings) ratio chart of BAJAJ AUTO


PE Ratio Performance Analysis for BAJAJ AUTO

- BAJAJ AUTO 's latest p/e ratio is 29.36x.

- BAJAJ AUTO 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 20.30x.

- BAJAJ AUTO 's operated at median p/e ratio of 18.13x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BAJAJ AUTO 's p/e ratio peaked in Mar2024 at 33.12x.

- BAJAJ AUTO 's p/e ratio hit its five-year low in Mar2020 of 11.24x.


How does BAJAJ 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
BAJAJ AUTO 8,030.6729.36235,752.9
EICHER MOTORS LTD3,859.1133.54129,420.0
TVS MOTOR COMPANY LTD2,161.2751.67111,667.0
HERO MOTOCORP LTD4,457.2517.2476,849.2
WARDWIZARD INNOVATIONS & MOBILITY LTD3.89191.24743.0
ATUL AUTO LTD17.3373.081,266.4

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

Top 10 Industry PeersPE Ratio
Min industry PE 17.24x
Max industry PE 191.24x
Median industry PE 51.67x
Average industry PE 66.02x



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