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EICHER MOTORS
PE (Price/Earnings) Ratio

The Current P/E Ratio of EICHER MOTORS is 38.25.

Share Price ₹5,626.1Jun 24,2025
Market Cap ₹154,322.6 Cr
Earnings-TTM₹4,034.6 CrTTM-Consolidated Results
Price/Earnings38.25xCalculated 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 [ ₹154,322.6 Cr] as on Jun 24,2025

(/) Earnings [ ₹4,034.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 38.25x ]

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 38.25 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 38.25x.

- 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 4,034.6338.25154,322.6
BAJAJ AUTO LTD8,240.2128.39233,915.0
TVS MOTOR COMPANY LTD2,443.1255.21134,896.0
HERO MOTOCORP LTD4,536.9318.9385,869.7
OLA ELECTRIC MOBILITY LTD-2,276.00-8.4519,235.6
ATUL AUTO LTD18.3468.251,251.7
WARDWIZARD INNOVATIONS & MOBILITY LTD6.3660.79386.4

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 -8.45x
Max industry PE 68.25x
Median industry PE 38.25x
Average industry PE 37.34x



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