OLECTRA GREENTECH
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The Current P/E Ratio of OLECTRA GREENTECH is 210.57.
Share Price | ₹1,812.4 | Apr 25,2024 |
Market Cap | ₹14,879.4 Cr | |
Earnings-TTM | ₹70.7 Cr | TTM-Consolidated Results |
Price/Earnings | 210.57x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of OLECTRA GREENTECH
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹14,879.4 Cr] as on Apr 25,2024
(/) Earnings [ ₹70.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 210.57x ]
Thus, for OLECTRA GREENTECH , the investors are currently willing to pay 210.57 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 OLECTRA GREENTECH !
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 OLECTRA GREENTECH over the last five years.
Historical PE (Price/Earnings) ratio chart of OLECTRA GREENTECH
PE Ratio Performance Analysis for OLECTRA GREENTECH
- OLECTRA GREENTECH 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 96.15x.
- OLECTRA GREENTECH 's operated at median p/e ratio of 77.39x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, OLECTRA GREENTECH 's p/e ratio peaked in Mar2021 at 219.76x.
- OLECTRA GREENTECH 's p/e ratio hit its five-year low in Mar2019 of 0x.
How does OLECTRA GREENTECH 's P/E Ratio benchmark against top 10 peers in Automobiles-Trucks/Lcv Industry?
Peer Comparison (Automobiles-Trucks/Lcv Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
OLECTRA GREENTECH | 70.66 | 210.57 | 14,879.4 |
TATA MOTORS LTD | 19,229.70 | 17.30 | 332,640.0 |
ASHOK LEYLAND LTD | 2,546.65 | 20.49 | 52,178.5 |
FORCE MOTORS LTD | 414.47 | 31.39 | 13,012.1 |
SML ISUZU LTD | 82.35 | 40.86 | 3,365.0 |
Automobiles-Trucks/Lcv Industry Benchmark (Top 10) PE Analysis vs OLECTRA GREENTECH 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 17.30x |
Max industry PE | 210.57x |
Median industry PE | 31.39x |
Average industry PE | 64.12x |
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