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CIE AUTOMOTIVE INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of CIE AUTOMOTIVE INDIA is 30.96.

Share Price ₹475.0Feb 06,2025
Market Cap ₹18,019.6 Cr
Earnings-TTM₹582.0 CrTTM-Standalone Results
Price/Earnings30.96xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of CIE AUTOMOTIVE INDIA

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 CIE AUTOMOTIVE INDIA is calculated as :

Current Market Cap [ ₹18,019.6 Cr] as on Feb 06,2025

(/) Earnings [ ₹582.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 30.96x ]

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

Thus, for CIE AUTOMOTIVE INDIA , the investors are currently willing to pay 30.96 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 CIE AUTOMOTIVE INDIA !

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 CIE AUTOMOTIVE INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of CIE AUTOMOTIVE INDIA


PE Ratio Performance Analysis for CIE AUTOMOTIVE INDIA

- CIE AUTOMOTIVE INDIA 's latest p/e ratio is 30.96x.

- CIE AUTOMOTIVE INDIA 's p/e ratio for fiscal years ending Dec2023 to Dec2019 averaged 52.44x.

- CIE AUTOMOTIVE INDIA 's operated at median p/e ratio of 36.24x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, CIE AUTOMOTIVE INDIA 's p/e ratio peaked in Dec2020 at 87.99x.

- CIE AUTOMOTIVE INDIA 's p/e ratio hit its five-year low in Dec2022 of 25.47x.


How does CIE AUTOMOTIVE INDIA 's P/E Ratio benchmark against top 10 peers in Forgings Industry?

Peer Comparison (Forgings Industry)Earnings-TTM (Cr)PE RatioMarket Cap
CIE AUTOMOTIVE INDIA 582.0130.9618,019.6
BHARAT FORGE LTD897.0760.6854,430.4
RAMKRISHNA FORGINGS LTD383.5735.8413,748.7
MM FORGINGS LTD124.7315.951,989.7
LGB FORGE LTD-5.09-63.05320.9
HILTON METAL FORGING LTD3.8659.03227.7
KALYANI FORGE LTD6.4935.88232.8
SAMRAT FORGINGS LTD3.9744.09175.0
TIRUPATI FORGE LTD9.2372.66670.3
GANGA FORGING LTD0.68133.4291.3

Forgings Industry Benchmark (Top 10) PE Analysis vs CIE AUTOMOTIVE INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -63.05x
Max industry PE 133.42x
Median industry PE 44.09x
Average industry PE 42.55x



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