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EICHER MOTORS
PE (Price/Earnings) Ratio

The Current P/E Ratio of EICHER MOTORS is 40.23.

Share Price ₹5,481.4Feb 03,2025
Market Cap ₹150,245.2 Cr
Earnings-TTM₹3,734.2 CrTTM-Consolidated Results
Price/Earnings40.23xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of EICHER MOTORS

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 EICHER MOTORS is calculated as :

Current Market Cap [ ₹150,245.2 Cr] as on Feb 03,2025

(/) Earnings [ ₹3,734.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 40.23x ]

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

Thus, for EICHER MOTORS , the investors are currently willing to pay 40.23 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 EICHER MOTORS !

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 EICHER MOTORS over the last five years.

Historical PE (Price/Earnings) ratio chart of EICHER MOTORS


PE Ratio Performance Analysis for EICHER MOTORS

- EICHER MOTORS 's latest p/e ratio is 40.23x.

- EICHER MOTORS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 30.02x.

- EICHER MOTORS 's operated at median p/e ratio of 27.69x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, EICHER MOTORS 's p/e ratio peaked in Mar2021 at 52.83x.

- EICHER MOTORS 's p/e ratio hit its five-year low in Mar2020 of 1.96x.


How does EICHER MOTORS '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 RatioMarket Cap
EICHER MOTORS 3,734.2440.23150,245.2
BAJAJ AUTO LTD8,030.6731.10249,790.0
TVS MOTOR COMPANY LTD2,161.2758.29125,976.0
HERO MOTOCORP LTD4,303.9619.9285,721.8
WARDWIZARD INNOVATIONS & MOBILITY LTD5.41152.22823.5
ATUL AUTO LTD14.6895.711,405.1

Automobile Two & Three Wheelers Industry Benchmark (Top 10) PE Analysis vs EICHER MOTORS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 19.92x
Max industry PE 152.22x
Median industry PE 58.29x
Average industry PE 66.25x



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