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SANDHAR TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of SANDHAR TECHNOLOGIES is 30.59.

Share Price ₹487.2May 10,2024
Market Cap ₹2,932.9 Cr
Earnings-TTM₹95.9 CrTTM-Consolidated Results
Price/Earnings30.59xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SANDHAR TECHNOLOGIES

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 SANDHAR TECHNOLOGIES is calculated as :

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 ]

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

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 latest p/e ratio is 30.59x.

- 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 RatioMarket Cap
SANDHAR TECHNOLOGIES 95.8830.592,932.9
BOSCH LTD2,324.7038.5789,652.3
SAMVARDHANA MOTHERSON INTERNATIONAL LTD2,137.9840.4686,501.0
SONA BLW PRECISION FORGINGS LTD517.7866.8834,627.6
UNO MINDA LTD665.4463.3742,167.2
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD407.4662.5325,477.7
ENDURANCE TECHNOLOGIES LTD606.8048.6029,488.6
JBM AUTO LTD183.64121.3022,276.0
TVS HOLDINGS LTD1,906.4810.8120,604.1
MINDA CORPORATION LTD279.6035.409,896.7
CRAFTSMAN AUTOMATION LTD336.4827.049,096.8

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

Top 10 Industry PeersPE 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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