BAJAJ AUTO
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The Current P/E Ratio of BAJAJ AUTO is 33.89.
Share Price | ₹9,546.5 | Nov 19,2024 |
Market Cap | ₹266,632.3 Cr | |
Earnings-TTM | ₹7,867.6 Cr | TTM-Consolidated Results |
Price/Earnings | 33.89x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BAJAJ AUTO
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹266,632.3 Cr] as on Nov 19,2024
(/) Earnings [ ₹7,867.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 33.89x ]
Thus, for BAJAJ AUTO , the investors are currently willing to pay 33.89 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 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 | 7,867.64 | 33.89 | 266,632.3 |
EICHER MOTORS LTD | 3,734.24 | 36.45 | 136,099.0 |
TVS MOTOR COMPANY LTD | 2,053.09 | 56.21 | 115,413.0 |
HERO MOTOCORP LTD | 4,303.96 | 22.19 | 95,509.8 |
WARDWIZARD INNOVATIONS & MOBILITY LTD | 5.41 | 207.98 | 1,125.2 |
ATUL AUTO LTD | 14.68 | 104.76 | 1,537.8 |
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 | 22.19x |
Max industry PE | 207.98x |
Median industry PE | 56.21x |
Average industry PE | 76.91x |
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