ASK AUTOMOTIVE
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The Current P/E Ratio of ASK AUTOMOTIVE is 39.46.
Share Price | ₹416.3 | Nov 14,2024 |
Market Cap | ₹8,204.3 Cr | |
Earnings-TTM | ₹207.9 Cr | TTM-Consolidated Results |
Price/Earnings | 39.46x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ASK AUTOMOTIVE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹8,204.3 Cr] as on Nov 14,2024
(/) Earnings [ ₹207.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 39.46x ]
Thus, for ASK AUTOMOTIVE , the investors are currently willing to pay 39.46 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 ASK AUTOMOTIVE !
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 ASK AUTOMOTIVE over the last five years.
Historical PE (Price/Earnings) ratio chart of ASK AUTOMOTIVE
PE Ratio Performance Analysis for ASK AUTOMOTIVE
- ASK AUTOMOTIVE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.47x.
- ASK AUTOMOTIVE 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASK AUTOMOTIVE 's p/e ratio peaked in Mar2024 at 32.33x.
- ASK AUTOMOTIVE 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does ASK AUTOMOTIVE '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 |
---|---|---|---|
ASK AUTOMOTIVE | 207.93 | 39.46 | 8,204.3 |
BOSCH LTD | 2,083.70 | 47.90 | 99,816.5 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 3,690.38 | 31.55 | 116,416.0 |
SONA BLW PRECISION FORGINGS LTD | 566.97 | 73.22 | 41,512.3 |
UNO MINDA LTD | 796.76 | 71.87 | 57,261.4 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 409.59 | 67.84 | 27,786.4 |
ENDURANCE TECHNOLOGIES LTD | 769.27 | 43.43 | 33,407.4 |
JBM AUTO LTD | 207.11 | 83.17 | 17,225.7 |
TVS HOLDINGS LTD | 2,135.26 | 10.67 | 22,787.7 |
MINDA CORPORATION LTD | 253.50 | 46.65 | 11,826.1 |
CRAFTSMAN AUTOMATION LTD | 272.18 | 41.09 | 11,183.3 |
Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs ASK AUTOMOTIVE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.67x |
Max industry PE | 83.17x |
Median industry PE | 46.65x |
Average industry PE | 50.62x |
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