HINDUSTAN MOTORS
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The Current P/E Ratio of HINDUSTAN MOTORS is 64.99.
Share Price | ₹29.8 | Apr 25,2024 |
Market Cap | ₹621.3 Cr | |
Earnings-TTM | ₹9.6 Cr | TTM-Standalone Results |
Price/Earnings | 64.99x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of HINDUSTAN MOTORS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹621.3 Cr] as on Apr 25,2024
(/) Earnings [ ₹9.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 64.99x ]
Thus, for HINDUSTAN MOTORS , the investors are currently willing to pay 64.99 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 MOTORS !
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 MOTORS over the last five years.
Historical PE (Price/Earnings) ratio chart of HINDUSTAN MOTORS
PE Ratio Performance Analysis for HINDUSTAN MOTORS
- HINDUSTAN MOTORS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1,189.15x.
- HINDUSTAN MOTORS 's operated at median p/e ratio of 13.51x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HINDUSTAN MOTORS 's p/e ratio peaked in Mar2023 at 5890.91x.
- HINDUSTAN MOTORS 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does HINDUSTAN MOTORS 's P/E Ratio benchmark against top 10 peers in Automobiles - Passenger Cars Industry?
Peer Comparison (Automobiles - Passenger Cars Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
HINDUSTAN MOTORS | 9.56 | 64.99 | 621.3 |
MARUTI SUZUKI INDIA LTD | 11,942.30 | 33.98 | 405,771.0 |
MAHINDRA & MAHINDRA LTD | 11,180.40 | 23.31 | 260,588.0 |
MERCURY EVTECH LTD | 2.17 | 658.04 | 1,428.6 |
Automobiles - Passenger Cars Industry Benchmark (Top 10) PE Analysis vs HINDUSTAN MOTORS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 23.31x |
Max industry PE | 658.04x |
Median industry PE | 64.99x |
Average industry PE | 195.08x |
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