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AKAR AUTO INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of AKAR AUTO INDUSTRIES is 19.62.

Share Price ₹106.8Nov 04,2024
Market Cap ₹115.3 Cr
Earnings-TTM₹5.9 CrTTM-Standalone Results
Price/Earnings19.62xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of AKAR AUTO INDUSTRIES

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 AKAR AUTO INDUSTRIES is calculated as :

Current Market Cap [ ₹115.3 Cr] as on Nov 04,2024

(/) Earnings [ ₹5.9 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 19.62x ]

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

Thus, for AKAR AUTO INDUSTRIES , the investors are currently willing to pay 19.62 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 AKAR AUTO INDUSTRIES !

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 AKAR AUTO INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of AKAR AUTO INDUSTRIES


PE Ratio Performance Analysis for AKAR AUTO INDUSTRIES

- AKAR AUTO INDUSTRIES 's latest p/e ratio is 19.62x.

- AKAR AUTO INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 8.28x.

- AKAR AUTO INDUSTRIES 's operated at median p/e ratio of 8.99x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, AKAR AUTO INDUSTRIES 's p/e ratio peaked in Mar2024 at 22.04x.

- AKAR AUTO INDUSTRIES 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does AKAR AUTO INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Earnings-TTM (Cr)PE RatioMarket Cap
AKAR AUTO INDUSTRIES 5.8819.62115.3
BOSCH LTD2,546.7040.88104,104.0
SAMVARDHANA MOTHERSON INTERNATIONAL LTD3,146.1141.41130,277.0
SONA BLW PRECISION FORGINGS LTD566.9775.4942,798.3
UNO MINDA LTD763.5672.1955,119.7
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD406.1568.2227,705.6
ENDURANCE TECHNOLOGIES LTD720.8446.6733,640.9
JBM AUTO LTD207.1190.9618,839.7
TVS HOLDINGS LTD2,135.2611.8425,282.5
MINDA CORPORATION LTD241.0150.1512,085.5
CRAFTSMAN AUTOMATION LTD272.1843.8911,945.4

Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs AKAR AUTO INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 11.84x
Max industry PE 90.96x
Median industry PE 46.67x
Average industry PE 51.03x



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