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TVS HOLDINGS
PE (Price/Earnings) Ratio

The Current P/E Ratio of TVS HOLDINGS is 9.66.

Share Price ₹8,421.6Apr 26,2024
Market Cap ₹17,011.6 Cr
Earnings-TTM₹1,761.2 CrTTM-Consolidated Results
Price/Earnings9.66xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TVS HOLDINGS

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 TVS HOLDINGS is calculated as :

Current Market Cap [ ₹17,011.6 Cr] as on Apr 26,2024

(/) Earnings [ ₹1,761.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 9.66x ]

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

Thus, for TVS HOLDINGS , the investors are currently willing to pay 9.66 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 TVS HOLDINGS !

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 TVS HOLDINGS over the last five years.

Historical PE (Price/Earnings) ratio chart of TVS HOLDINGS


PE Ratio Performance Analysis for TVS HOLDINGS

- TVS HOLDINGS 's latest p/e ratio is 9.66x.

- TVS HOLDINGS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 13.96x.

- TVS HOLDINGS 's operated at median p/e ratio of 13.57x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TVS HOLDINGS 's p/e ratio peaked in Mar2021 at 19.24x.

- TVS HOLDINGS 's p/e ratio hit its five-year low in Mar2020 of 8.86x.


How does TVS HOLDINGS 's P/E Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TVS HOLDINGS 1,761.189.6617,011.6
BOSCH LTD2,324.7036.6385,153.6
SAMVARDHANA MOTHERSON INTERNATIONAL LTD2,137.9841.5788,872.8
SONA BLW PRECISION FORGINGS LTD489.5177.6037,987.1
UNO MINDA LTD665.4462.5341,607.5
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD407.4664.5626,304.9
ENDURANCE TECHNOLOGIES LTD606.8045.7727,770.4
JBM AUTO LTD157.18134.0521,070.5
MINDA CORPORATION LTD279.6034.789,725.8
CRAFTSMAN AUTOMATION LTD336.4829.439,902.6
MAHARASHTRA SCOOTERS LTD199.3145.359,038.0

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

Top 10 Industry PeersPE Ratio
Min industry PE 9.66x
Max industry PE 134.05x
Median industry PE 45.35x
Average industry PE 52.90x



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