ESCORTS
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The Current P/E Ratio of ESCORTS is 30.67.
Share Price | ₹2,778.6 | Mar 28,2024 |
Market Cap | ₹30,703.5 Cr | |
Earnings-TTM | ₹1,001.2 Cr | TTM-Consolidated Results |
Price/Earnings | 30.67x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ESCORTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹30,703.5 Cr] as on Mar 28,2024
(/) Earnings [ ₹1,001.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 30.67x ]
Thus, for ESCORTS , the investors are currently willing to pay 30.67 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 ESCORTS !
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 ESCORTS over the last five years.
Historical PE (Price/Earnings) ratio chart of ESCORTS
PE Ratio Performance Analysis for ESCORTS
- ESCORTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 25.41x.
- ESCORTS 's operated at median p/e ratio of 20.4x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ESCORTS 's p/e ratio peaked in Mar2023 at 39.2x.
- ESCORTS 's p/e ratio hit its five-year low in Mar2020 of 17.21x.
How does ESCORTS 's P/E Ratio benchmark against top 10 peers in Automobiles-Tractors Industry?
Peer Comparison (Automobiles-Tractors Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ESCORTS | 1,001.19 | 30.67 | 30,703.5 |
VST TILLERS TRACTORS LTD | 126.54 | 22.18 | 2,806.9 |
Automobiles-Tractors Industry Benchmark (Top 10) PE Analysis vs ESCORTS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 22.18x |
Max industry PE | 30.67x |
Median industry PE | 30.67x |
Average industry PE | 26.43x |
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