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SAL AUTOMOTIVE
PE (Price/Earnings) Ratio

The Current P/E Ratio of SAL AUTOMOTIVE is 15.98.

Share Price ₹460.8Mar 28,2024
Market Cap ₹110.6 Cr
Earnings-TTM₹6.9 CrTTM-Standalone Results
Price/Earnings15.98xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SAL AUTOMOTIVE

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 SAL AUTOMOTIVE is calculated as :

Current Market Cap [ ₹110.6 Cr] as on Mar 28,2024

(/) Earnings [ ₹6.9 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 15.98x ]

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

Thus, for SAL AUTOMOTIVE , the investors are currently willing to pay 15.98 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 SAL AUTOMOTIVE !

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 SAL AUTOMOTIVE over the last five years.

Historical PE (Price/Earnings) ratio chart of SAL AUTOMOTIVE


PE Ratio Performance Analysis for SAL AUTOMOTIVE

- SAL AUTOMOTIVE 's latest p/e ratio is 15.98x.

- SAL AUTOMOTIVE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 18.75x.

- SAL AUTOMOTIVE 's operated at median p/e ratio of 16.53x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SAL AUTOMOTIVE 's p/e ratio peaked in Mar2021 at 47.11x.

- SAL AUTOMOTIVE 's p/e ratio hit its five-year low in Mar2022 of 0x.


How does SAL AUTOMOTIVE 's P/E Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SAL AUTOMOTIVE 6.9215.98110.6
BOSCH LTD2,324.7038.1288,617.3
SAMVARDHANA MOTHERSON INTERNATIONAL LTD2,137.9837.1079,318.0
SONA BLW PRECISION FORGINGS LTD489.5184.5341,376.8
UNO MINDA LTD665.4459.0539,293.9
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD407.4670.4728,713.6
ENDURANCE TECHNOLOGIES LTD606.8042.4225,740.6
JBM AUTO LTD157.18135.7521,336.5
TVS HOLDINGS LTD1,761.189.3716,508.4
MINDA CORPORATION LTD279.6035.769,998.3
CRAFTSMAN AUTOMATION LTD346.3626.369,131.1

Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs SAL AUTOMOTIVE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 9.37x
Max industry PE 135.75x
Median industry PE 38.12x
Average industry PE 50.45x



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