MINDA CORPORATION
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The Current P/E Ratio of MINDA CORPORATION is 35.04.
Share Price | ₹409.8 | Apr 25,2024 |
Market Cap | ₹9,798.3 Cr | |
Earnings-TTM | ₹279.6 Cr | TTM-Consolidated Results |
Price/Earnings | 35.04x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MINDA CORPORATION
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹9,798.3 Cr] as on Apr 25,2024
(/) Earnings [ ₹279.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 35.04x ]
Thus, for MINDA CORPORATION , the investors are currently willing to pay 35.04 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 MINDA CORPORATION !
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 MINDA CORPORATION over the last five years.
Historical PE (Price/Earnings) ratio chart of MINDA CORPORATION
PE Ratio Performance Analysis for MINDA CORPORATION
- MINDA CORPORATION 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 21.53x.
- MINDA CORPORATION 's operated at median p/e ratio of 18.24x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MINDA CORPORATION 's p/e ratio peaked in Mar2021 at 45.58x.
- MINDA CORPORATION 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does MINDA CORPORATION '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 |
---|---|---|---|
MINDA CORPORATION | 279.60 | 35.04 | 9,798.3 |
BOSCH LTD | 2,324.70 | 36.68 | 85,260.2 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 2,137.98 | 40.32 | 86,196.1 |
SONA BLW PRECISION FORGINGS LTD | 489.51 | 79.92 | 39,119.0 |
UNO MINDA LTD | 665.44 | 61.84 | 41,148.2 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 407.46 | 65.13 | 26,536.6 |
ENDURANCE TECHNOLOGIES LTD | 606.80 | 45.35 | 27,516.5 |
JBM AUTO LTD | 157.18 | 136.96 | 21,526.9 |
TVS HOLDINGS LTD | 1,761.18 | 9.79 | 17,236.7 |
CRAFTSMAN AUTOMATION LTD | 346.36 | 27.98 | 9,692.2 |
MAHARASHTRA SCOOTERS LTD | 199.31 | 46.03 | 9,173.5 |
Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs MINDA CORPORATION 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.79x |
Max industry PE | 136.96x |
Median industry PE | 45.35x |
Average industry PE | 53.18x |
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