Home > PE Ratio > SCOOTERS INDIA

SCOOTERS INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of SCOOTERS INDIA is -23.46.

Share Price ₹50.0Mar 28,2024
Market Cap ₹436.4 Cr
Earnings-TTM₹-18.6 CrTTM-Standalone Results
Price/Earnings-23.46xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for SCOOTERS INDIA
Please provide your vote to see the results

Definition & Calculation of PE (Price/Earnings) ratio of SCOOTERS INDIA

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 SCOOTERS INDIA is calculated as :

Current Market Cap [ ₹436.4 Cr] as on Mar 28,2024

(/) Earnings [ ₹-18.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ -23.46x ]

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

Thus, for SCOOTERS INDIA , the investors are currently willing to pay -23.46 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 SCOOTERS INDIA !

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 SCOOTERS INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of SCOOTERS INDIA


PE Ratio Performance Analysis for SCOOTERS INDIA

- SCOOTERS INDIA 's latest p/e ratio is -23.46x.

- SCOOTERS INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 67.79x.

- SCOOTERS INDIA 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SCOOTERS INDIA 's p/e ratio peaked in Mar2023 at 302.74x.

- SCOOTERS INDIA 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does SCOOTERS INDIA 's P/E Ratio benchmark against top 10 peers in Automobile Two & Three Wheelers Industry?

Peer Comparison (Automobile Two & Three Wheelers Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SCOOTERS INDIA -18.61-23.46436.4
BAJAJ AUTO LTD6,868.7937.70258,965.0
EICHER MOTORS LTD3,346.8532.88110,055.0
TVS MOTOR COMPANY LTD1,741.2658.70102,213.0
HERO MOTOCORP LTD3,689.8925.5694,307.1
WARDWIZARD INNOVATIONS & MOBILITY LTD10.40142.481,481.3
ATUL AUTO LTD5.53239.021,321.8

Automobile Two & Three Wheelers Industry Benchmark (Top 10) PE Analysis vs SCOOTERS INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -23.46x
Max industry PE 239.02x
Median industry PE 37.70x
Average industry PE 73.27x



You may also like the below Video Courses