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ENKEI WHEELS (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of ENKEI WHEELS (INDIA) is 157.15.

Share Price ₹675.1Dec 11,2024
Market Cap ₹1,215.1 Cr
Earnings-TTM₹7.7 CrTTM-Standalone Results
Price/Earnings157.15xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ENKEI WHEELS (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 ENKEI WHEELS (INDIA) is calculated as :

Current Market Cap [ ₹1,215.1 Cr] as on Dec 11,2024

(/) Earnings [ ₹7.7 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 157.15x ]

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

Thus, for ENKEI WHEELS (INDIA) , the investors are currently willing to pay 157.15 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 ENKEI WHEELS (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 ENKEI WHEELS (INDIA) over the last five years.

Historical PE (Price/Earnings) ratio chart of ENKEI WHEELS (INDIA)


PE Ratio Performance Analysis for ENKEI WHEELS (INDIA)

- ENKEI WHEELS (INDIA) 's latest p/e ratio is 157.15x.

- ENKEI WHEELS (INDIA) 's p/e ratio for fiscal years ending Dec2023 to Dec2019 averaged 119.29x.

- ENKEI WHEELS (INDIA) 's operated at median p/e ratio of 89.52x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ENKEI WHEELS (INDIA) 's p/e ratio peaked in Dec2022 at 280.39x.

- ENKEI WHEELS (INDIA) 's p/e ratio hit its five-year low in Dec2020 of 0x.


How does ENKEI WHEELS (INDIA) 's P/E Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ENKEI WHEELS (INDIA) 7.73157.151,215.1
BOSCH LTD2,083.7051.26106,814.0
SAMVARDHANA MOTHERSON INTERNATIONAL LTD3,690.3831.79117,330.0
SONA BLW PRECISION FORGINGS LTD566.9770.3539,886.8
UNO MINDA LTD796.7677.6361,848.9
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD409.5954.3722,270.3
ENDURANCE TECHNOLOGIES LTD769.2742.8532,960.1
JBM AUTO LTD207.11100.7920,873.6
TVS HOLDINGS LTD2,135.2611.1423,782.1
MINDA CORPORATION LTD253.5051.6113,082.4
CRAFTSMAN AUTOMATION LTD272.1843.6911,892.0

Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs ENKEI WHEELS (INDIA) 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 11.14x
Max industry PE 157.15x
Median industry PE 51.61x
Average industry PE 62.97x



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