MENON PISTONS
|
The Current P/E Ratio of MENON PISTONS is 19.17.
Share Price | ₹92.8 | May 02,2024 |
Market Cap | ₹473.0 Cr | |
Earnings-TTM | ₹24.7 Cr | TTM-Consolidated Results |
Price/Earnings | 19.17x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MENON PISTONS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹473.0 Cr] as on May 02,2024
(/) Earnings [ ₹24.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 19.17x ]
Thus, for MENON PISTONS , the investors are currently willing to pay 19.17 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 MENON PISTONS !
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 MENON PISTONS over the last five years.
Historical PE (Price/Earnings) ratio chart of MENON PISTONS
PE Ratio Performance Analysis for MENON PISTONS
- MENON PISTONS 's p/e ratio for fiscal years ending Mar2023 to Mar2022 averaged 10.95x.
- MENON PISTONS 's operated at median p/e ratio of 13.29x from fiscal years ending March 2018 to 2022.
- Looking back at the last 2 fiscal years, MENON PISTONS 's p/e ratio peaked in Mar2022 at 13.29x.
- MENON PISTONS 's p/e ratio hit its five-year low in Mar2023 of 8.6x.
How does MENON PISTONS 's P/E Ratio benchmark against top 10 peers in Auto Ancillary Industry?
Peer Comparison (Auto Ancillary Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
MENON PISTONS | 24.68 | 19.17 | 473.0 |
BOSCH LTD | 2,324.70 | 38.93 | 90,507.7 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 2,137.98 | 41.25 | 88,195.1 |
SONA BLW PRECISION FORGINGS LTD | 517.78 | 68.93 | 35,689.1 |
UNO MINDA LTD | 665.44 | 63.14 | 42,018.0 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 407.46 | 63.58 | 25,906.5 |
ENDURANCE TECHNOLOGIES LTD | 606.80 | 45.34 | 27,514.4 |
JBM AUTO LTD | 157.18 | 147.43 | 23,172.9 |
TVS HOLDINGS LTD | 1,761.18 | 10.32 | 18,183.1 |
MINDA CORPORATION LTD | 279.60 | 35.14 | 9,825.0 |
CRAFTSMAN AUTOMATION LTD | 336.48 | 27.87 | 9,377.8 |
Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs MENON PISTONS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.32x |
Max industry PE | 147.43x |
Median industry PE | 41.25x |
Average industry PE | 51.01x |
You may also like the below Video Courses