BAJAJ AUTO
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The Current P/E Ratio of BAJAJ AUTO is 30.01.
| Share Price | ₹8,627.5 | Jan 29,2025 |
| Market Cap | ₹240,966.1 Cr | |
| Earnings-TTM | ₹8,030.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 30.01x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of BAJAJ AUTO
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)
Current Market Cap [ ₹240,966.1 Cr] as on Jan 29,2025
(/) Earnings [ ₹8,030.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 30.01x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for BAJAJ AUTO , the investors are currently willing to pay 30.01 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 BAJAJ AUTO !
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 BAJAJ AUTO over the last five years.
Thus, for BAJAJ AUTO , the investors are currently willing to pay 30.01 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 BAJAJ AUTO !
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 BAJAJ AUTO over the last five years.
Historical PE (Price/Earnings) ratio chart of BAJAJ AUTO
PE Ratio Performance Analysis for BAJAJ AUTO
- BAJAJ AUTO 's latest p/e ratio is 30.01x.
- BAJAJ AUTO 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 20.30x.
- BAJAJ AUTO 's operated at median p/e ratio of 18.13x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BAJAJ AUTO 's p/e ratio peaked in Mar2024 at 33.12x.
- BAJAJ AUTO 's p/e ratio hit its five-year low in Mar2020 of 11.24x.
- BAJAJ AUTO 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 20.30x.
- BAJAJ AUTO 's operated at median p/e ratio of 18.13x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BAJAJ AUTO 's p/e ratio peaked in Mar2024 at 33.12x.
- BAJAJ AUTO 's p/e ratio hit its five-year low in Mar2020 of 11.24x.
How does BAJAJ AUTO 's P/E Ratio benchmark against top 10 peers in Automobile Two & Three Wheelers Industry?
| Peer Comparison (Automobile Two & Three Wheelers Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| BAJAJ AUTO | 8,030.67 | 30.01 | 240,966.1 |
| EICHER MOTORS LTD | 3,734.24 | 38.04 | 142,057.0 |
| TVS MOTOR COMPANY LTD | 2,161.27 | 54.23 | 117,213.0 |
| HERO MOTOCORP LTD | 4,303.96 | 18.93 | 81,487.8 |
| WARDWIZARD INNOVATIONS & MOBILITY LTD | 5.41 | 158.92 | 859.8 |
| ATUL AUTO LTD | 14.68 | 92.87 | 1,363.3 |
Automobile Two & Three Wheelers Industry Benchmark (Top 10) PE Analysis vs BAJAJ AUTO 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 18.93x |
| Max industry PE | 158.92x |
| Median industry PE | 54.23x |
| Average industry PE | 65.50x |
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