MERCURY EVTECH
|
The Current P/E Ratio of MERCURY EVTECH is 122.23.
| Share Price | ₹37.2 | Oct 01,2026 |
| Market Cap | ₹705.9 Cr | |
| Earnings-TTM | ₹5.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 122.23x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of MERCURY EVTECH
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹705.9 Cr] as on Oct 01,2026
(/) Earnings [ ₹5.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 122.23x ]
Thus, for MERCURY EVTECH , the investors are currently willing to pay 122.23 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 MERCURY EVTECH !
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 MERCURY EVTECH over the last five years.
Historical PE (Price/Earnings) ratio chart of MERCURY EVTECH
PE Ratio Performance Analysis for MERCURY EVTECH
- MERCURY EVTECH 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 224.89x.
- MERCURY EVTECH 's operated at median p/e ratio of 146.3x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MERCURY EVTECH 's p/e ratio peaked in Mar2024 at 708.41x.
- MERCURY EVTECH 's p/e ratio hit its five-year low in Mar2022 of 2.68x.
How does MERCURY EVTECH 's P/E Ratio benchmark against top 10 peers in Automobiles - Passenger Cars Industry?
| Peer Comparison (Automobiles - Passenger Cars Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| MERCURY EVTECH | 5.78 | 122.23 | 705.9 |
| MARUTI SUZUKI INDIA LTD | 13,986.30 | 25.63 | 358,419.0 |
| MAHINDRA & MAHINDRA LTD | 18,388.40 | 19.28 | 354,536.0 |
| HYUNDAI MOTOR INDIA LTD | 4,950.91 | 33.23 | 164,540.0 |
| TATA MOTORS PASSENGER VEHICLES LTD | -3,471.00 | -29.71 | 103,124.0 |
Automobiles - Passenger Cars Industry Benchmark (Top 10) PE Analysis vs MERCURY EVTECH 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -29.71x |
| Max industry PE | 122.23x |
| Median industry PE | 25.63x |
| Average industry PE | 34.13x |
You may also like the below Video Courses