SCOOTERS INDIA
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The Current P/E Ratio of SCOOTERS INDIA is -23.46.
Share Price | ₹50.0 | Mar 28,2024 |
Market Cap | ₹436.4 Cr | |
Earnings-TTM | ₹-18.6 Cr | TTM-Standalone Results |
Price/Earnings | -23.46x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of SCOOTERS INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
SCOOTERS INDIA | -18.61 | -23.46 | 436.4 |
BAJAJ AUTO LTD | 6,868.79 | 37.70 | 258,965.0 |
EICHER MOTORS LTD | 3,346.85 | 32.88 | 110,055.0 |
TVS MOTOR COMPANY LTD | 1,741.26 | 58.70 | 102,213.0 |
HERO MOTOCORP LTD | 3,689.89 | 25.56 | 94,307.1 |
WARDWIZARD INNOVATIONS & MOBILITY LTD | 10.40 | 142.48 | 1,481.3 |
ATUL AUTO LTD | 5.53 | 239.02 | 1,321.8 |
Automobile Two & Three Wheelers Industry Benchmark (Top 10) PE Analysis vs SCOOTERS INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -23.46x |
Max industry PE | 239.02x |
Median industry PE | 37.70x |
Average industry PE | 73.27x |
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