MAJESTIC AUTO
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The Current P/E Ratio of MAJESTIC AUTO is 9.62.
Share Price | ₹302.9 | Apr 26,2024 |
Market Cap | ₹315.0 Cr | |
Earnings-TTM | ₹32.7 Cr | TTM-Consolidated Results |
Price/Earnings | 9.62x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MAJESTIC AUTO
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹315.0 Cr] as on Apr 26,2024
(/) Earnings [ ₹32.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 9.62x ]
Thus, for MAJESTIC AUTO , the investors are currently willing to pay 9.62 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 MAJESTIC AUTO !
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 MAJESTIC AUTO over the last five years.
Historical PE (Price/Earnings) ratio chart of MAJESTIC AUTO
PE Ratio Performance Analysis for MAJESTIC AUTO
- MAJESTIC AUTO 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 12.23x.
- MAJESTIC AUTO 's operated at median p/e ratio of 5.61x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MAJESTIC AUTO 's p/e ratio peaked in Mar2023 at 37.33x.
- MAJESTIC AUTO 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does MAJESTIC AUTO 's P/E Ratio benchmark against top 10 peers in Business Support Industry?
Peer Comparison (Business Support Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
MAJESTIC AUTO | 32.74 | 9.62 | 315.0 |
SYNGENE INTERNATIONAL LTD | 510.00 | 55.11 | 28,107.1 |
SUN PHARMA ADVANCED RESEARCH COMPANY LTD | -363.41 | -23.06 | 8,380.8 |
LATENT VIEW ANALYTICS LTD | 147.62 | 69.42 | 10,246.8 |
JUST DIAL LTD | 362.93 | 24.97 | 9,061.5 |
DREAMFOLKS SERVICES LTD | 75.96 | 38.55 | 2,928.1 |
EKI ENERGY SERVICES LTD | -147.85 | -6.48 | 958.1 |
AGS TRANSACT TECHNOLOGIES LTD | -91.01 | -10.01 | 911.1 |
JAYKAY ENTERPRISES LTD | 3.04 | 265.97 | 809.4 |
QUINT DIGITAL LTD | 47.76 | 11.03 | 527.0 |
PTL ENTERPRISES LTD | 20.46 | 27.49 | 562.6 |
Business Support Industry Benchmark (Top 10) PE Analysis vs MAJESTIC AUTO 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -23.06x |
Max industry PE | 265.97x |
Median industry PE | 24.97x |
Average industry PE | 42.06x |
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