EXIDE INDUSTRIES
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The Current P/E Ratio of EXIDE INDUSTRIES is 29.50.
Share Price | ₹304.5 | Mar 28,2024 |
Market Cap | ₹25,882.5 Cr | |
Earnings-TTM | ₹877.5 Cr | TTM-Consolidated Results |
Price/Earnings | 29.50x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of EXIDE INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹25,882.5 Cr] as on Mar 28,2024
(/) Earnings [ ₹877.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 29.50x ]
Thus, for EXIDE INDUSTRIES , the investors are currently willing to pay 29.50 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 EXIDE INDUSTRIES !
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 EXIDE INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of EXIDE INDUSTRIES
PE Ratio Performance Analysis for EXIDE INDUSTRIES
- EXIDE INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 15.39x.
- EXIDE INDUSTRIES 's operated at median p/e ratio of 18.39x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, EXIDE INDUSTRIES 's p/e ratio peaked in Mar2019 at 21.98x.
- EXIDE INDUSTRIES 's p/e ratio hit its five-year low in Mar2022 of 2.94x.
How does EXIDE INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Batteries Industry?
Peer Comparison (Batteries Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
EXIDE INDUSTRIES | 877.46 | 29.50 | 25,882.5 |
AMARA RAJA ENERGY & MOBILITY LTD | 812.63 | 17.13 | 13,920.9 |
HBL POWER SYSTEMS LTD | 232.06 | 54.29 | 12,598.5 |
EVEREADY INDUSTRIES INDIA LTD | 44.32 | 54.85 | 2,431.0 |
HIGH ENERGY BATTERIES (INDIA) LTD | 19.43 | 27.73 | 538.9 |
INDONATIONAL LTD | 3.93 | 105.23 | 413.4 |
PANASONIC ENERGY INDIA COMPANY LTD | 4.73 | 64.70 | 306.1 |
Batteries Industry Benchmark (Top 10) PE Analysis vs EXIDE INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 17.13x |
Max industry PE | 105.23x |
Median industry PE | 54.29x |
Average industry PE | 50.49x |
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