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EICHER MOTORS
PE (Price/Earnings) Ratio

The Current P/E Ratio of EICHER MOTORS is 33.54.

Share Price ₹4,720.8Feb 18,2025
Market Cap ₹129,443.0 Cr
Earnings-TTM₹3,859.1 CrTTM-Consolidated Results
Price/Earnings33.54xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of EICHER MOTORS

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 EICHER MOTORS is calculated as :

Current Market Cap [ ₹129,443.0 Cr] as on Feb 18,2025

(/) Earnings [ ₹3,859.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 33.54x ]

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

Thus, for EICHER MOTORS , the investors are currently willing to pay 33.54 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 EICHER MOTORS !

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 EICHER MOTORS over the last five years.

Historical PE (Price/Earnings) ratio chart of EICHER MOTORS


PE Ratio Performance Analysis for EICHER MOTORS

- EICHER MOTORS 's latest p/e ratio is 33.54x.

- EICHER MOTORS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 30.02x.

- EICHER MOTORS 's operated at median p/e ratio of 27.69x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, EICHER MOTORS 's p/e ratio peaked in Mar2021 at 52.83x.

- EICHER MOTORS 's p/e ratio hit its five-year low in Mar2020 of 1.96x.


How does EICHER MOTORS '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
EICHER MOTORS 3,859.1133.54129,443.0
BAJAJ AUTO LTD8,030.6729.35235,717.0
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 EICHER MOTORS '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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