SANDHAR TECHNOLOGIES
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The Current P/E Ratio of SANDHAR TECHNOLOGIES is 30.59.
Share Price | ₹487.2 | May 10,2024 |
Market Cap | ₹2,932.9 Cr | |
Earnings-TTM | ₹95.9 Cr | TTM-Consolidated Results |
Price/Earnings | 30.59x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SANDHAR TECHNOLOGIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,932.9 Cr] as on May 10,2024
(/) Earnings [ ₹95.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 30.59x ]
Thus, for SANDHAR TECHNOLOGIES , the investors are currently willing to pay 30.59 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 SANDHAR TECHNOLOGIES !
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 SANDHAR TECHNOLOGIES over the last five years.
Historical PE (Price/Earnings) ratio chart of SANDHAR TECHNOLOGIES
PE Ratio Performance Analysis for SANDHAR TECHNOLOGIES
- SANDHAR TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 18.36x.
- SANDHAR TECHNOLOGIES 's operated at median p/e ratio of 16.66x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SANDHAR TECHNOLOGIES 's p/e ratio peaked in Mar2022 at 23.57x.
- SANDHAR TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2020 of 13.62x.
How does SANDHAR TECHNOLOGIES '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 |
---|---|---|---|
SANDHAR TECHNOLOGIES | 95.88 | 30.59 | 2,932.9 |
BOSCH LTD | 2,324.70 | 38.57 | 89,652.3 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 2,137.98 | 40.46 | 86,501.0 |
SONA BLW PRECISION FORGINGS LTD | 517.78 | 66.88 | 34,627.6 |
UNO MINDA LTD | 665.44 | 63.37 | 42,167.2 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 407.46 | 62.53 | 25,477.7 |
ENDURANCE TECHNOLOGIES LTD | 606.80 | 48.60 | 29,488.6 |
JBM AUTO LTD | 183.64 | 121.30 | 22,276.0 |
TVS HOLDINGS LTD | 1,906.48 | 10.81 | 20,604.1 |
MINDA CORPORATION LTD | 279.60 | 35.40 | 9,896.7 |
CRAFTSMAN AUTOMATION LTD | 336.48 | 27.04 | 9,096.8 |
Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs SANDHAR TECHNOLOGIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.81x |
Max industry PE | 121.30x |
Median industry PE | 40.46x |
Average industry PE | 49.59x |
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