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COMPETENT AUTOMOBILES COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of COMPETENT AUTOMOBILES COMPANY is 11.09.

Share Price ₹482.5Nov 19,2024
Market Cap ₹294.3 Cr
Earnings-TTM₹26.5 CrTTM-Standalone Results
Price/Earnings11.09xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of COMPETENT AUTOMOBILES COMPANY

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 COMPETENT AUTOMOBILES COMPANY is calculated as :

Current Market Cap [ ₹294.3 Cr] as on Nov 19,2024

(/) Earnings [ ₹26.5 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 11.09x ]

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

Thus, for COMPETENT AUTOMOBILES COMPANY , the investors are currently willing to pay 11.09 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 COMPETENT AUTOMOBILES COMPANY !

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 COMPETENT AUTOMOBILES COMPANY over the last five years.

Historical PE (Price/Earnings) ratio chart of COMPETENT AUTOMOBILES COMPANY


PE Ratio Performance Analysis for COMPETENT AUTOMOBILES COMPANY

- COMPETENT AUTOMOBILES COMPANY 's latest p/e ratio is 11.09x.

- COMPETENT AUTOMOBILES COMPANY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 5.39x.

- COMPETENT AUTOMOBILES COMPANY 's operated at median p/e ratio of 4.97x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, COMPETENT AUTOMOBILES COMPANY 's p/e ratio peaked in Mar2024 at 10.37x.

- COMPETENT AUTOMOBILES COMPANY 's p/e ratio hit its five-year low in Mar2020 of 1.5x.


How does COMPETENT AUTOMOBILES COMPANY 's P/E Ratio benchmark against top 10 peers in Automobiles - Dealers & Distributors Industry?

Peer Comparison (Automobiles - Dealers & Distributors Industry)Earnings-TTM (Cr)PE RatioMarket Cap
COMPETENT AUTOMOBILES COMPANY 26.5311.09294.3
CARTRADE TECH LTD98.6561.116,028.6
LANDMARK CARS LTD33.2379.122,629.3

Automobiles - Dealers & Distributors Industry Benchmark (Top 10) PE Analysis vs COMPETENT AUTOMOBILES COMPANY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 11.09x
Max industry PE 79.12x
Median industry PE 61.11x
Average industry PE 50.44x



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