AKAR AUTO INDUSTRIES
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The Current P/E Ratio of AKAR AUTO INDUSTRIES is 19.62.
Share Price | ₹106.8 | Nov 04,2024 |
Market Cap | ₹115.3 Cr | |
Earnings-TTM | ₹5.9 Cr | TTM-Standalone Results |
Price/Earnings | 19.62x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of AKAR AUTO INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
AKAR AUTO INDUSTRIES | 5.88 | 19.62 | 115.3 |
BOSCH LTD | 2,546.70 | 40.88 | 104,104.0 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 3,146.11 | 41.41 | 130,277.0 |
SONA BLW PRECISION FORGINGS LTD | 566.97 | 75.49 | 42,798.3 |
UNO MINDA LTD | 763.56 | 72.19 | 55,119.7 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 406.15 | 68.22 | 27,705.6 |
ENDURANCE TECHNOLOGIES LTD | 720.84 | 46.67 | 33,640.9 |
JBM AUTO LTD | 207.11 | 90.96 | 18,839.7 |
TVS HOLDINGS LTD | 2,135.26 | 11.84 | 25,282.5 |
MINDA CORPORATION LTD | 241.01 | 50.15 | 12,085.5 |
CRAFTSMAN AUTOMATION LTD | 272.18 | 43.89 | 11,945.4 |
Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs AKAR AUTO INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE 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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