VARROC ENGINEERING
|
The Current P/E Ratio of VARROC ENGINEERING is 16.02.
Share Price | ₹510.5 | Apr 19,2024 |
Market Cap | ₹7,800.4 Cr | |
Earnings-TTM | ₹486.9 Cr | TTM-Consolidated Results |
Price/Earnings | 16.02x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of VARROC ENGINEERING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹7,800.4 Cr] as on Apr 19,2024
(/) Earnings [ ₹486.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 16.02x ]
Thus, for VARROC ENGINEERING , the investors are currently willing to pay 16.02 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 VARROC ENGINEERING !
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 VARROC ENGINEERING over the last five years.
Historical PE (Price/Earnings) ratio chart of VARROC ENGINEERING
PE Ratio Performance Analysis for VARROC ENGINEERING
- VARROC ENGINEERING 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1,831.73x.
- VARROC ENGINEERING '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, VARROC ENGINEERING 's p/e ratio peaked in Mar2020 at 9140.26x.
- VARROC ENGINEERING 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does VARROC ENGINEERING '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 |
---|---|---|---|
VARROC ENGINEERING | 486.89 | 16.02 | 7,800.4 |
BOSCH LTD | 2,324.70 | 37.78 | 87,818.4 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 2,137.98 | 40.28 | 86,128.3 |
SONA BLW PRECISION FORGINGS LTD | 489.51 | 81.63 | 39,960.6 |
UNO MINDA LTD | 665.44 | 62.51 | 41,598.9 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 407.46 | 63.93 | 26,047.2 |
ENDURANCE TECHNOLOGIES LTD | 606.80 | 42.68 | 25,896.7 |
JBM AUTO LTD | 157.18 | 131.42 | 20,656.6 |
TVS HOLDINGS LTD | 1,761.18 | 9.45 | 16,640.3 |
MINDA CORPORATION LTD | 279.60 | 34.58 | 9,668.4 |
CRAFTSMAN AUTOMATION LTD | 346.36 | 26.32 | 9,116.9 |
Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs VARROC ENGINEERING 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.45x |
Max industry PE | 131.42x |
Median industry PE | 40.28x |
Average industry PE | 49.69x |
You may also like the below Video Courses