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GNA AXLES
PE (Price/Earnings) Ratio

The Current P/E Ratio of GNA AXLES is 15.22.

Share Price ₹415.7Apr 26,2024
Market Cap ₹1,783.4 Cr
Earnings-TTM₹117.2 CrTTM-Consolidated Results
Price/Earnings15.22xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GNA AXLES

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 GNA AXLES is calculated as :

Current Market Cap [ ₹1,783.4 Cr] as on Apr 26,2024

(/) Earnings [ ₹117.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 15.22x ]

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

Thus, for GNA AXLES , the investors are currently willing to pay 15.22 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 GNA AXLES !

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 GNA AXLES over the last five years.

Historical PE (Price/Earnings) ratio chart of GNA AXLES


PE Ratio Performance Analysis for GNA AXLES

- GNA AXLES 's latest p/e ratio is 15.22x.

- GNA AXLES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.83x.

- GNA AXLES 's operated at median p/e ratio of 6.5x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GNA AXLES 's p/e ratio peaked in Mar2019 at 10.72x.

- GNA AXLES 's p/e ratio hit its five-year low in Mar2020 of 5.7x.


How does GNA AXLES 's P/E Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Earnings-TTM (Cr)PE RatioMarket Cap
GNA AXLES 117.2115.221,783.4
BOSCH LTD2,324.7036.6385,153.6
SAMVARDHANA MOTHERSON INTERNATIONAL LTD2,137.9841.5788,872.8
SONA BLW PRECISION FORGINGS LTD489.5177.6037,987.1
UNO MINDA LTD665.4462.5341,607.5
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD407.4664.5626,304.9
ENDURANCE TECHNOLOGIES LTD606.8045.7727,770.4
JBM AUTO LTD157.18134.0521,070.5
TVS HOLDINGS LTD1,761.189.6717,038.7
MINDA CORPORATION LTD279.6034.789,725.8
CRAFTSMAN AUTOMATION LTD346.3628.599,902.6

Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs GNA AXLES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 9.67x
Max industry PE 134.05x
Median industry PE 41.57x
Average industry PE 50.09x



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