CARTRADE TECH
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The Current P/E Ratio of CARTRADE TECH is 51.19.
| Share Price | ₹2,692.2 | Nov 13,2026 |
| Market Cap | ₹13,056.9 Cr | |
| Earnings-TTM | ₹255.1 Cr | TTM-Consolidated Results |
| Price/Earnings | 51.19x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of CARTRADE TECH
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹13,056.9 Cr] as on Nov 13,2026
(/) Earnings [ ₹255.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 51.19x ]
Thus, for CARTRADE TECH , the investors are currently willing to pay 51.19 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 CARTRADE TECH !
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 CARTRADE TECH over the last five years.
Historical PE (Price/Earnings) ratio chart of CARTRADE TECH
PE Ratio Performance Analysis for CARTRADE TECH
- CARTRADE TECH 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 71.14x.
- CARTRADE TECH 's operated at median p/e ratio of 53.43x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CARTRADE TECH 's p/e ratio peaked in Mar2024 at 208.94x.
- CARTRADE TECH 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does CARTRADE TECH 's P/E Ratio benchmark against top 10 peers in Automobiles - Dealers & Distributors Industry?
| Peer Comparison (Automobiles - Dealers & Distributors Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| CARTRADE TECH | 255.08 | 51.19 | 13,056.9 |
| LANDMARK CARS LTD | 62.25 | 31.76 | 1,977.3 |
| POPULAR VEHICLES & SERVICES LTD | -0.71 | -897.16 | 640.6 |
| COMPETENT AUTOMOBILES COMPANY LTD | 21.67 | 10.47 | 226.8 |
Automobiles - Dealers & Distributors Industry Benchmark (Top 10) PE Analysis vs CARTRADE TECH 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -897.16x |
| Max industry PE | 51.19x |
| Median industry PE | 31.76x |
| Average industry PE | -200.93x |
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