EICHER MOTORS
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The Current P/E Ratio of EICHER MOTORS is 36.17.
Share Price | ₹4,832.2 | Nov 04,2024 |
Market Cap | ₹132,450.6 Cr | |
Earnings-TTM | ₹3,662.3 Cr | TTM-Consolidated Results |
Price/Earnings | 36.17x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of EICHER MOTORS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹132,450.6 Cr] as on Nov 04,2024
(/) Earnings [ ₹3,662.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 36.17x ]
Thus, for EICHER MOTORS , the investors are currently willing to pay 36.17 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 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 Ratio | Market Cap |
---|---|---|---|
EICHER MOTORS | 3,662.29 | 36.17 | 132,450.6 |
BAJAJ AUTO LTD | 7,867.64 | 33.81 | 265,997.0 |
TVS MOTOR COMPANY LTD | 2,053.09 | 55.81 | 114,593.0 |
HERO MOTOCORP LTD | 4,153.73 | 23.14 | 96,115.4 |
WARDWIZARD INNOVATIONS & MOBILITY LTD | 14.18 | 87.28 | 1,237.3 |
ATUL AUTO LTD | 17.24 | 96.95 | 1,671.5 |
Automobile Two & Three Wheelers Industry Benchmark (Top 10) PE Analysis vs EICHER MOTORS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 23.14x |
Max industry PE | 96.95x |
Median industry PE | 55.81x |
Average industry PE | 55.53x |
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