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HINDUSTAN MOTORS
PE (Price/Earnings) Ratio

The Current P/E Ratio of HINDUSTAN MOTORS is 64.99.

Share Price ₹29.8Apr 25,2024
Market Cap ₹621.3 Cr
Earnings-TTM₹9.6 CrTTM-Standalone Results
Price/Earnings64.99xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HINDUSTAN MOTORS

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 MOTORS is calculated as :

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 ]

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

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 latest p/e ratio is 64.99x.

- 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 RatioMarket Cap
HINDUSTAN MOTORS 9.5664.99621.3
MARUTI SUZUKI INDIA LTD11,942.3033.98405,771.0
MAHINDRA & MAHINDRA LTD11,180.4023.31260,588.0
MERCURY EVTECH LTD2.17658.041,428.6

Automobiles - Passenger Cars Industry Benchmark (Top 10) PE Analysis vs HINDUSTAN MOTORS 's P/E Ratio

Top 10 Industry PeersPE 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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