WHEELS INDIA
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The Current P/E Ratio of WHEELS INDIA is 25.92.
| Share Price | ₹1,588.8 | May 18,2026 |
| Market Cap | ₹3,876.6 Cr | |
| Earnings-TTM | ₹149.5 Cr | TTM-Consolidated Results |
| Price/Earnings | 25.92x | 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 [ ₹3,876.6 Cr] as on May 18,2026
(/) Earnings [ ₹149.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 25.92x ]
Thus, for WHEELS INDIA , the investors are currently willing to pay 25.92 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 Mar2025 to Mar2021 averaged 134.28x.
- WHEELS INDIA 's operated at median p/e ratio of 19.64x 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 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 | 149.53 | 25.92 | 3,876.6 |
| SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 3,096.88 | 43.85 | 135,783.0 |
| BOSCH LTD | 2,755.10 | 39.78 | 109,592.0 |
| UNO MINDA LTD | 1,035.19 | 59.70 | 61,799.4 |
| SONA BLW PRECISION FORGINGS LTD | 629.19 | 56.14 | 35,321.9 |
| ENDURANCE TECHNOLOGIES LTD | 951.71 | 37.34 | 35,538.5 |
| ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 517.15 | 52.71 | 27,259.0 |
| TVS HOLDINGS LTD | 3,431.00 | 7.94 | 27,258.5 |
| JBM AUTO LTD | 269.82 | 54.19 | 14,622.4 |
| MINDA CORPORATION LTD | 226.34 | 54.41 | 12,316.2 |
| CRAFTSMAN AUTOMATION LTD | 382.87 | 52.49 | 20,098.2 |
Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs WHEELS INDIA 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 7.94x |
| Max industry PE | 59.70x |
| Median industry PE | 52.49x |
| Average industry PE | 44.04x |
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