PIX TRANSMISSIONS
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The Current P/E Ratio of PIX TRANSMISSIONS is 23.64.
Share Price | ₹1,349.7 | Apr 19,2024 |
Market Cap | ₹1,835.6 Cr | |
Earnings-TTM | ₹77.7 Cr | TTM-Consolidated Results |
Price/Earnings | 23.64x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PIX TRANSMISSIONS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
PIX TRANSMISSIONS | 77.66 | 23.64 | 1,835.6 |
APCOTEX INDUSTRIES LTD | 61.77 | 38.78 | 2,395.5 |
GRP LTD | 13.72 | 62.95 | 863.6 |
RUBFILA INTERNATIONAL LTD | 24.20 | 16.28 | 393.9 |
INDAG RUBBER LTD | 20.00 | 19.93 | 398.5 |
CAPTAIN PIPES LTD | 4.18 | 78.51 | 327.8 |
SOMI CONVEYOR BELTINGS LTD | 4.65 | 34.10 | 158.6 |
DOLFIN RUBBERS LTD | 4.25 | 44.03 | 187.2 |
Rubber Products Industry Benchmark (Top 10) PE Analysis vs PIX TRANSMISSIONS 's P/E Ratio
Top 10 Industry Peers | PE 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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