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PIX TRANSMISSIONS
PE (Price/Earnings) Ratio

The Current P/E Ratio of PIX TRANSMISSIONS is 23.64.

Share Price ₹1,349.7Apr 19,2024
Market Cap ₹1,835.6 Cr
Earnings-TTM₹77.7 CrTTM-Consolidated Results
Price/Earnings23.64xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PIX TRANSMISSIONS

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 PIX TRANSMISSIONS is calculated as :

Current Market Cap [ ₹1,835.6 Cr] as on Apr 19,2024

(/) Earnings [ ₹77.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 23.64x ]

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

Thus, for PIX TRANSMISSIONS , the investors are currently willing to pay 23.64 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 PIX TRANSMISSIONS !

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 PIX TRANSMISSIONS over the last five years.

Historical PE (Price/Earnings) ratio chart of PIX TRANSMISSIONS


PE Ratio Performance Analysis for PIX TRANSMISSIONS

- PIX TRANSMISSIONS 's latest p/e ratio is 23.64x.

- PIX TRANSMISSIONS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 10.40x.

- PIX TRANSMISSIONS 's operated at median p/e ratio of 8.4x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PIX TRANSMISSIONS 's p/e ratio peaked in Mar2022 at 16.84x.

- PIX TRANSMISSIONS 's p/e ratio hit its five-year low in Mar2020 of 3.73x.


How does PIX TRANSMISSIONS 's P/E Ratio benchmark against top 10 peers in Rubber Products Industry?

Peer Comparison (Rubber Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
PIX TRANSMISSIONS 77.6623.641,835.6
APCOTEX INDUSTRIES LTD61.7738.782,395.5
GRP LTD13.7262.95863.6
RUBFILA INTERNATIONAL LTD24.2016.28393.9
INDAG RUBBER LTD20.0019.93398.5
CAPTAIN PIPES LTD4.1878.51327.8
SOMI CONVEYOR BELTINGS LTD4.6534.10158.6
DOLFIN RUBBERS LTD4.2544.03187.2

Rubber Products Industry Benchmark (Top 10) PE Analysis vs PIX TRANSMISSIONS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 16.28x
Max industry PE 78.51x
Median industry PE 38.78x
Average industry PE 39.78x



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