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MAJESTIC AUTO
PE (Price/Earnings) Ratio

The Current P/E Ratio of MAJESTIC AUTO is 9.78.

Share Price ₹307.8Apr 30,2024
Market Cap ₹320.1 Cr
Earnings-TTM₹32.7 CrTTM-Consolidated Results
Price/Earnings9.78xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MAJESTIC AUTO

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 MAJESTIC AUTO is calculated as :

Current Market Cap [ ₹320.1 Cr] as on Apr 30,2024

(/) Earnings [ ₹32.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 9.78x ]

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

Thus, for MAJESTIC AUTO , the investors are currently willing to pay 9.78 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 latest p/e ratio is 9.78x.

- 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 RatioMarket Cap
MAJESTIC AUTO 32.749.78320.1
SYNGENE INTERNATIONAL LTD510.0054.3827,732.8
SUN PHARMA ADVANCED RESEARCH COMPANY LTD-363.41-20.827,564.6
LATENT VIEW ANALYTICS LTD147.6269.2810,227.2
JUST DIAL LTD362.9327.079,823.0
DREAMFOLKS SERVICES LTD75.9637.972,884.3
EKI ENERGY SERVICES LTD-147.85-6.51962.6
AGS TRANSACT TECHNOLOGIES LTD-91.01-10.08917.7
JAYKAY ENTERPRISES LTD3.04258.38786.3
QUINT DIGITAL LTD47.7610.84517.6
PTL ENTERPRISES LTD20.4627.99572.8

Business Support Industry Benchmark (Top 10) PE Analysis vs MAJESTIC AUTO 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -20.82x
Max industry PE 258.38x
Median industry PE 27.07x
Average industry PE 41.66x



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