SANGHVI MOVERS
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The Current P/E Ratio of SANGHVI MOVERS is 34.22.
| Share Price | ₹1,376.7 | Apr 23,2024 |
| Market Cap | ₹5,961.1 Cr | |
| Earnings-TTM | ₹174.2 Cr | TTM-Consolidated Results |
| Price/Earnings | 34.22x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of SANGHVI MOVERS
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)
Current Market Cap [ ₹5,961.1 Cr] as on Apr 23,2024
(/) Earnings [ ₹174.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 34.22x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for SANGHVI MOVERS , the investors are currently willing to pay 34.22 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 SANGHVI MOVERS !
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 SANGHVI MOVERS over the last five years.
Thus, for SANGHVI MOVERS , the investors are currently willing to pay 34.22 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 SANGHVI MOVERS !
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 SANGHVI MOVERS over the last five years.
Historical PE (Price/Earnings) ratio chart of SANGHVI MOVERS
PE Ratio Performance Analysis for SANGHVI MOVERS
- SANGHVI MOVERS 's latest p/e ratio is 34.22x.
- SANGHVI MOVERS 's p/e ratio for fiscal years ending Mar2023 to Mar2022 averaged 20.34x.
- SANGHVI MOVERS 's operated at median p/e ratio of 27.16x from fiscal years ending March 2018 to 2022.
- Looking back at the last 2 fiscal years, SANGHVI MOVERS 's p/e ratio peaked in Mar2022 at 27.16x.
- SANGHVI MOVERS 's p/e ratio hit its five-year low in Mar2023 of 13.51x.
- SANGHVI MOVERS 's p/e ratio for fiscal years ending Mar2023 to Mar2022 averaged 20.34x.
- SANGHVI MOVERS 's operated at median p/e ratio of 27.16x from fiscal years ending March 2018 to 2022.
- Looking back at the last 2 fiscal years, SANGHVI MOVERS 's p/e ratio peaked in Mar2022 at 27.16x.
- SANGHVI MOVERS 's p/e ratio hit its five-year low in Mar2023 of 13.51x.
How does SANGHVI MOVERS 's P/E Ratio benchmark against top 10 peers in Construction Vehicles Industry?
| Peer Comparison (Construction Vehicles Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| SANGHVI MOVERS | 174.19 | 34.22 | 5,961.1 |
| ACTION CONSTRUCTION EQUIPMENT LTD | 276.90 | 64.81 | 17,945.2 |
| BEML LTD | 182.66 | 80.00 | 14,612.6 |
| TIL LTD | 60.48 | 24.85 | 1,503.2 |
| BRADY & MORRIS ENGINEERING COMPANY LTD | 7.40 | 29.09 | 215.3 |
Construction Vehicles Industry Benchmark (Top 10) PE Analysis vs SANGHVI MOVERS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 24.85x |
| Max industry PE | 80.00x |
| Median industry PE | 34.22x |
| Average industry PE | 46.59x |
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