ENKEI WHEELS (INDIA)
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The Current P/E Ratio of ENKEI WHEELS (INDIA) is 157.15.
Share Price | ₹675.1 | Dec 11,2024 |
Market Cap | ₹1,215.1 Cr | |
Earnings-TTM | ₹7.7 Cr | TTM-Standalone Results |
Price/Earnings | 157.15x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ENKEI WHEELS (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
ENKEI WHEELS (INDIA) | 7.73 | 157.15 | 1,215.1 |
BOSCH LTD | 2,083.70 | 51.26 | 106,814.0 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 3,690.38 | 31.79 | 117,330.0 |
SONA BLW PRECISION FORGINGS LTD | 566.97 | 70.35 | 39,886.8 |
UNO MINDA LTD | 796.76 | 77.63 | 61,848.9 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 409.59 | 54.37 | 22,270.3 |
ENDURANCE TECHNOLOGIES LTD | 769.27 | 42.85 | 32,960.1 |
JBM AUTO LTD | 207.11 | 100.79 | 20,873.6 |
TVS HOLDINGS LTD | 2,135.26 | 11.14 | 23,782.1 |
MINDA CORPORATION LTD | 253.50 | 51.61 | 13,082.4 |
CRAFTSMAN AUTOMATION LTD | 272.18 | 43.69 | 11,892.0 |
Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs ENKEI WHEELS (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE 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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