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VST TILLERS TRACTORS
PE (Price/Earnings) Ratio

The Current P/E Ratio of VST TILLERS TRACTORS is 22.40.

Share Price ₹3,296.2Apr 16,2024
Market Cap ₹2,834.7 Cr
Earnings-TTM₹126.5 CrTTM-Standalone Results
Price/Earnings22.40xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of VST TILLERS TRACTORS

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 VST TILLERS TRACTORS is calculated as :

Current Market Cap [ ₹2,834.7 Cr] as on Apr 16,2024

(/) Earnings [ ₹126.5 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 22.40x ]

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

Thus, for VST TILLERS TRACTORS , the investors are currently willing to pay 22.40 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 VST TILLERS TRACTORS !

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 VST TILLERS TRACTORS over the last five years.

Historical PE (Price/Earnings) ratio chart of VST TILLERS TRACTORS


PE Ratio Performance Analysis for VST TILLERS TRACTORS

- VST TILLERS TRACTORS 's latest p/e ratio is 22.40x.

- VST TILLERS TRACTORS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 23.22x.

- VST TILLERS TRACTORS 's operated at median p/e ratio of 21.26x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, VST TILLERS TRACTORS 's p/e ratio peaked in Mar2020 at 32.25x.

- VST TILLERS TRACTORS 's p/e ratio hit its five-year low in Mar2021 of 16.96x.


How does VST TILLERS TRACTORS 's P/E Ratio benchmark against top 10 peers in Automobiles-Tractors Industry?

Peer Comparison (Automobiles-Tractors Industry)Earnings-TTM (Cr)PE RatioMarket Cap
VST TILLERS TRACTORS 126.5422.402,834.7
ESCORTS KUBOTA LTD1,001.1933.7933,834.0

Automobiles-Tractors Industry Benchmark (Top 10) PE Analysis vs VST TILLERS TRACTORS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 22.40x
Max industry PE 33.79x
Median industry PE 33.79x
Average industry PE 28.10x



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