STEEL STRIPS WHEELS
|
The Current P/E Ratio of STEEL STRIPS WHEELS is 17.22.
Share Price | ₹227.0 | Apr 26,2024 |
Market Cap | ₹3,560.8 Cr | |
Earnings-TTM | ₹206.8 Cr | TTM-Consolidated Results |
Price/Earnings | 17.22x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of STEEL STRIPS WHEELS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹3,560.8 Cr] as on Apr 26,2024
(/) Earnings [ ₹206.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 17.22x ]
Thus, for STEEL STRIPS WHEELS , the investors are currently willing to pay 17.22 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 STEEL STRIPS WHEELS !
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 STEEL STRIPS WHEELS over the last five years.
Historical PE (Price/Earnings) ratio chart of STEEL STRIPS WHEELS
PE Ratio Performance Analysis for STEEL STRIPS WHEELS
- STEEL STRIPS WHEELS 's p/e ratio for fiscal years ending Mar2023 to Mar2022 averaged 7.20x.
- STEEL STRIPS WHEELS 's operated at median p/e ratio of 11.94x from fiscal years ending March 2018 to 2022.
- Looking back at the last 2 fiscal years, STEEL STRIPS WHEELS 's p/e ratio peaked in Mar2023 at 11.94x.
- STEEL STRIPS WHEELS 's p/e ratio hit its five-year low in Mar2022 of 2.45x.
How does STEEL STRIPS WHEELS '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 |
---|---|---|---|
STEEL STRIPS WHEELS | 206.85 | 17.22 | 3,560.8 |
BOSCH LTD | 2,324.70 | 36.63 | 85,153.6 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 2,137.98 | 41.57 | 88,872.8 |
SONA BLW PRECISION FORGINGS LTD | 489.51 | 77.60 | 37,987.1 |
UNO MINDA LTD | 665.44 | 62.53 | 41,607.5 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 407.46 | 64.56 | 26,304.9 |
ENDURANCE TECHNOLOGIES LTD | 606.80 | 45.77 | 27,770.4 |
JBM AUTO LTD | 157.18 | 134.05 | 21,070.5 |
TVS HOLDINGS LTD | 1,761.18 | 9.67 | 17,038.7 |
MINDA CORPORATION LTD | 279.60 | 34.78 | 9,725.8 |
CRAFTSMAN AUTOMATION LTD | 346.36 | 28.59 | 9,902.6 |
Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs STEEL STRIPS WHEELS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.67x |
Max industry PE | 134.05x |
Median industry PE | 41.57x |
Average industry PE | 50.27x |
You may also like the below Video Courses