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ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA is 70.59.

Share Price ₹15,138.2Mar 28,2024
Market Cap ₹28,762.6 Cr
Earnings-TTM₹407.5 CrTTM-Consolidated Results
Price/Earnings70.59xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA

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 ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA is calculated as :

Current Market Cap [ ₹28,762.6 Cr] as on Mar 28,2024

(/) Earnings [ ₹407.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 70.59x ]

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

Thus, for ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA , the investors are currently willing to pay 70.59 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 ZF COMMERCIAL VEHICLE CONTROL SYSTEMS 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 ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA


PE Ratio Performance Analysis for ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA

- ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA 's latest p/e ratio is 70.59x.

- ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2022 averaged 81.80x.

- ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA 's operated at median p/e ratio of 101.62x from fiscal years ending March 2018 to 2022.

- Looking back at the last 2 fiscal years, ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA 's p/e ratio peaked in Mar2022 at 101.62x.

- ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA 's p/e ratio hit its five-year low in Mar2023 of 61.97x.


How does ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA 's P/E Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA 407.4670.5928,762.6
BOSCH LTD2,324.7038.1288,617.3
SAMVARDHANA MOTHERSON INTERNATIONAL LTD2,137.9837.1079,318.0
SONA BLW PRECISION FORGINGS LTD489.5184.5341,376.8
UNO MINDA LTD665.4459.0539,293.9
ENDURANCE TECHNOLOGIES LTD606.8042.4225,740.6
JBM AUTO LTD157.18135.7521,336.5
TVS HOLDINGS LTD1,761.189.3716,508.4
MINDA CORPORATION LTD279.6035.769,998.3
CRAFTSMAN AUTOMATION LTD346.3626.369,131.1
MAHARASHTRA SCOOTERS LTD200.0340.868,172.2

Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 9.37x
Max industry PE 135.75x
Median industry PE 40.86x
Average industry PE 52.72x



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