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CRAFTSMAN AUTOMATION
PE (Price/Earnings) Ratio

The Current P/E Ratio of CRAFTSMAN AUTOMATION is 26.29.

Share Price ₹4,315.0Apr 19,2024
Market Cap ₹9,104.7 Cr
Earnings-TTM₹346.4 CrTTM-Consolidated Results
Price/Earnings26.29xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of CRAFTSMAN AUTOMATION

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 CRAFTSMAN AUTOMATION is calculated as :

Current Market Cap [ ₹9,104.7 Cr] as on Apr 19,2024

(/) Earnings [ ₹346.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 26.29x ]

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

Thus, for CRAFTSMAN AUTOMATION , the investors are currently willing to pay 26.29 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 CRAFTSMAN AUTOMATION !

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 CRAFTSMAN AUTOMATION over the last five years.

Historical PE (Price/Earnings) ratio chart of CRAFTSMAN AUTOMATION


PE Ratio Performance Analysis for CRAFTSMAN AUTOMATION

- CRAFTSMAN AUTOMATION 's latest p/e ratio is 26.29x.

- CRAFTSMAN AUTOMATION 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 17.77x.

- CRAFTSMAN AUTOMATION 's operated at median p/e ratio of 27.6x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, CRAFTSMAN AUTOMATION 's p/e ratio peaked in Mar2021 at 30.76x.

- CRAFTSMAN AUTOMATION 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does CRAFTSMAN AUTOMATION 's P/E Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Earnings-TTM (Cr)PE RatioMarket Cap
CRAFTSMAN AUTOMATION 346.3626.299,104.7
BOSCH LTD2,324.7037.7887,818.4
SAMVARDHANA MOTHERSON INTERNATIONAL LTD2,137.9840.2886,128.3
SONA BLW PRECISION FORGINGS LTD489.5181.6339,960.6
UNO MINDA LTD665.4462.5141,598.9
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD407.4663.9326,047.2
ENDURANCE TECHNOLOGIES LTD606.8042.6825,896.7
JBM AUTO LTD157.18131.4220,656.6
TVS HOLDINGS LTD1,761.189.4516,640.3
MINDA CORPORATION LTD279.6034.589,668.4
MAHARASHTRA SCOOTERS LTD200.0342.838,568.2

Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs CRAFTSMAN AUTOMATION 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 9.45x
Max industry PE 131.42x
Median industry PE 42.68x
Average industry PE 52.13x



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