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MARUTI SUZUKI INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of MARUTI SUZUKI INDIA is 34.07.

Share Price ₹12,940.0Apr 24,2024
Market Cap ₹406,833.6 Cr
Earnings-TTM₹11,942.3 CrTTM-Consolidated Results
Price/Earnings34.07xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MARUTI SUZUKI INDIA

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 MARUTI SUZUKI INDIA is calculated as :

Current Market Cap [ ₹406,833.6 Cr] as on Apr 24,2024

(/) Earnings [ ₹11,942.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 34.07x ]

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

Thus, for MARUTI SUZUKI INDIA , the investors are currently willing to pay 34.07 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 MARUTI SUZUKI INDIA !

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 MARUTI SUZUKI INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of MARUTI SUZUKI INDIA


PE Ratio Performance Analysis for MARUTI SUZUKI INDIA

- MARUTI SUZUKI INDIA 's latest p/e ratio is 34.07x.

- MARUTI SUZUKI INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 37.14x.

- MARUTI SUZUKI INDIA 's operated at median p/e ratio of 30.5x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MARUTI SUZUKI INDIA 's p/e ratio peaked in Mar2022 at 58.85x.

- MARUTI SUZUKI INDIA 's p/e ratio hit its five-year low in Mar2020 of 22.81x.


How does MARUTI SUZUKI INDIA '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
MARUTI SUZUKI INDIA 11,942.3034.07406,833.6
MAHINDRA & MAHINDRA LTD11,180.4022.90256,074.0
MERCURY EVTECH LTD2.17666.131,446.2

Automobiles - Passenger Cars Industry Benchmark (Top 10) PE Analysis vs MARUTI SUZUKI INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 22.90x
Max industry PE 666.13x
Median industry PE 34.07x
Average industry PE 241.03x



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