WHEELS INDIA
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The Current P/E Ratio of WHEELS INDIA is 40.38.
Share Price | ₹599.3 | Apr 24,2024 |
Market Cap | ₹1,462.3 Cr | |
Earnings-TTM | ₹36.2 Cr | TTM-Consolidated Results |
Price/Earnings | 40.38x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of WHEELS INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,462.3 Cr] as on Apr 24,2024
(/) Earnings [ ₹36.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 40.38x ]
Thus, for WHEELS INDIA , the investors are currently willing to pay 40.38 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 WHEELS 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 WHEELS INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of WHEELS INDIA
PE Ratio Performance Analysis for WHEELS INDIA
- WHEELS INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 135.63x.
- WHEELS INDIA 's operated at median p/e ratio of 18.72x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, WHEELS INDIA 's p/e ratio peaked in Mar2021 at 599.62x.
- WHEELS INDIA 's p/e ratio hit its five-year low in Mar2020 of 15.25x.
How does WHEELS INDIA '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 |
---|---|---|---|
WHEELS INDIA | 36.21 | 40.38 | 1,462.3 |
BOSCH LTD | 2,324.70 | 36.62 | 85,136.9 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 2,137.98 | 40.19 | 85,925.0 |
SONA BLW PRECISION FORGINGS LTD | 489.51 | 79.87 | 39,095.5 |
UNO MINDA LTD | 665.44 | 62.25 | 41,420.9 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 407.46 | 64.74 | 26,376.7 |
ENDURANCE TECHNOLOGIES LTD | 606.80 | 44.76 | 27,159.9 |
JBM AUTO LTD | 157.18 | 137.16 | 21,558.8 |
TVS HOLDINGS LTD | 1,761.18 | 9.63 | 16,964.9 |
MINDA CORPORATION LTD | 279.60 | 35.43 | 9,906.3 |
CRAFTSMAN AUTOMATION LTD | 346.36 | 28.08 | 9,724.9 |
Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs WHEELS INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.63x |
Max industry PE | 137.16x |
Median industry PE | 40.38x |
Average industry PE | 52.65x |
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