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HINDUSTAN COMPOSITES
PE (Price/Earnings) Ratio

The Current P/E Ratio of HINDUSTAN COMPOSITES is 17.23.

Share Price ₹418.4Apr 23,2024
Market Cap ₹619.2 Cr
Earnings-TTM₹35.9 CrTTM-Consolidated Results
Price/Earnings17.23xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HINDUSTAN COMPOSITES

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 HINDUSTAN COMPOSITES is calculated as :

Current Market Cap [ ₹619.2 Cr] as on Apr 23,2024

(/) Earnings [ ₹35.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 17.23x ]

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

Thus, for HINDUSTAN COMPOSITES , the investors are currently willing to pay 17.23 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 HINDUSTAN COMPOSITES !

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 HINDUSTAN COMPOSITES over the last five years.

Historical PE (Price/Earnings) ratio chart of HINDUSTAN COMPOSITES


PE Ratio Performance Analysis for HINDUSTAN COMPOSITES

- HINDUSTAN COMPOSITES 's latest p/e ratio is 17.23x.

- HINDUSTAN COMPOSITES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 16.86x.

- HINDUSTAN COMPOSITES 's operated at median p/e ratio of 17.95x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HINDUSTAN COMPOSITES 's p/e ratio peaked in Mar2021 at 19.84x.

- HINDUSTAN COMPOSITES 's p/e ratio hit its five-year low in Mar2023 of 13.14x.


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

Peer Comparison (Auto Ancillary Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HINDUSTAN COMPOSITES 35.9417.23619.2
BOSCH LTD2,324.7037.1586,365.9
SAMVARDHANA MOTHERSON INTERNATIONAL LTD2,137.9840.3886,331.6
SONA BLW PRECISION FORGINGS LTD489.5179.7139,019.3
UNO MINDA LTD665.4462.7141,728.1
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD407.4665.5526,708.3
ENDURANCE TECHNOLOGIES LTD606.8043.3226,289.2
JBM AUTO LTD157.18133.0920,919.1
TVS HOLDINGS LTD1,761.189.5016,729.8
MINDA CORPORATION LTD279.6035.279,862.0
CRAFTSMAN AUTOMATION LTD346.3626.269,094.7

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

Top 10 Industry PeersPE Ratio
Min industry PE 9.50x
Max industry PE 133.09x
Median industry PE 40.38x
Average industry PE 50.02x



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