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EXIDE INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of EXIDE INDUSTRIES is 29.50.

Share Price ₹304.5Mar 28,2024
Market Cap ₹25,882.5 Cr
Earnings-TTM₹877.5 CrTTM-Consolidated Results
Price/Earnings29.50xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of EXIDE INDUSTRIES

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 EXIDE INDUSTRIES is calculated as :

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 ]

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

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 latest p/e ratio is 29.50x.

- 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 RatioMarket Cap
EXIDE INDUSTRIES 877.4629.5025,882.5
AMARA RAJA ENERGY & MOBILITY LTD812.6317.1313,920.9
HBL POWER SYSTEMS LTD232.0654.2912,598.5
EVEREADY INDUSTRIES INDIA LTD44.3254.852,431.0
HIGH ENERGY BATTERIES (INDIA) LTD19.4327.73538.9
INDONATIONAL LTD3.93105.23413.4
PANASONIC ENERGY INDIA COMPANY LTD4.7364.70306.1

Batteries Industry Benchmark (Top 10) PE Analysis vs EXIDE INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE 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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