CIE AUTOMOTIVE INDIA
|
The Current P/E Ratio of CIE AUTOMOTIVE INDIA is 30.96.
Share Price | ₹475.0 | Feb 06,2025 |
Market Cap | ₹18,019.6 Cr | |
Earnings-TTM | ₹582.0 Cr | TTM-Standalone Results |
Price/Earnings | 30.96x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of CIE AUTOMOTIVE INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
CIE AUTOMOTIVE INDIA | 582.01 | 30.96 | 18,019.6 |
BHARAT FORGE LTD | 897.07 | 60.68 | 54,430.4 |
RAMKRISHNA FORGINGS LTD | 383.57 | 35.84 | 13,748.7 |
MM FORGINGS LTD | 124.73 | 15.95 | 1,989.7 |
LGB FORGE LTD | -5.09 | -63.05 | 320.9 |
HILTON METAL FORGING LTD | 3.86 | 59.03 | 227.7 |
KALYANI FORGE LTD | 6.49 | 35.88 | 232.8 |
SAMRAT FORGINGS LTD | 3.97 | 44.09 | 175.0 |
TIRUPATI FORGE LTD | 9.23 | 72.66 | 670.3 |
GANGA FORGING LTD | 0.68 | 133.42 | 91.3 |
Forgings Industry Benchmark (Top 10) PE Analysis vs CIE AUTOMOTIVE INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -63.05x |
Max industry PE | 133.42x |
Median industry PE | 44.09x |
Average industry PE | 42.55x |
You may also like the below Video Courses