WHEELS INDIA
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The Current P/E Ratio of WHEELS INDIA is 37.90.
| Share Price | ₹2,206.6 | Oct 26,2026 |
| Market Cap | ₹5,935.8 Cr | |
| Earnings-TTM | ₹156.6 Cr | TTM-Consolidated Results |
| Price/Earnings | 37.90x | Calculated as Market Cap/Earnings |
|---|---|---|
| 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 [ ₹5,935.8 Cr] as on Oct 26,2026
(/) Earnings [ ₹156.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 37.90x ]
Thus, for WHEELS INDIA , the investors are currently willing to pay 37.90 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 Mar2026 to Mar2022 averaged 17.50x.
- WHEELS INDIA 's operated at median p/e ratio of 16.1x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, WHEELS INDIA 's p/e ratio peaked in Mar2024 at 23.25x.
- WHEELS INDIA 's p/e ratio hit its five-year low in Mar2025 of 12.79x.
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 | 156.62 | 37.90 | 5,935.8 |
| SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 3,923.89 | 41.77 | 163,915.0 |
| BOSCH LTD | 2,359.60 | 56.05 | 132,246.0 |
| UNO MINDA LTD | 1,041.38 | 59.12 | 61,563.8 |
| TUBE INVESTMENTS OF INDIA LTD | 1,107.43 | 36.30 | 40,205.0 |
| ENDURANCE TECHNOLOGIES LTD | 969.88 | 32.28 | 31,305.9 |
| SONA BLW PRECISION FORGINGS LTD | 738.52 | 66.25 | 48,928.7 |
| ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 499.25 | 48.92 | 24,423.2 |
| MOTHERSON SUMI WIRING INDIA LTD | 627.40 | 37.01 | 23,217.4 |
| TENNECO CLEAN AIR INDIA LTD | 601.51 | 29.72 | 17,877.7 |
| CRAFTSMAN AUTOMATION LTD | 463.41 | 60.58 | 28,073.0 |
Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs WHEELS INDIA 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 29.72x |
| Max industry PE | 66.25x |
| Median industry PE | 41.77x |
| Average industry PE | 45.99x |
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