FORCE MOTORS
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The Current P/E Ratio of FORCE MOTORS is 17.76.
Share Price | ₹6,622.1 | Dec 11,2024 |
Market Cap | ₹8,741.1 Cr | |
Earnings-TTM | ₹492.1 Cr | TTM-Consolidated Results |
Price/Earnings | 17.76x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of FORCE MOTORS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹8,741.1 Cr] as on Dec 11,2024
(/) Earnings [ ₹492.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 17.76x ]
Thus, for FORCE MOTORS , the investors are currently willing to pay 17.76 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 FORCE 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 FORCE MOTORS over the last five years.
Historical PE (Price/Earnings) ratio chart of FORCE MOTORS
PE Ratio Performance Analysis for FORCE MOTORS
- FORCE MOTORS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 11.08x.
- FORCE MOTORS 's operated at median p/e ratio of 11.5x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, FORCE MOTORS 's p/e ratio peaked in Mar2024 at 24.6x.
- FORCE MOTORS 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does FORCE MOTORS 's P/E Ratio benchmark against top 10 peers in Automobiles-Trucks/Lcv Industry?
Peer Comparison (Automobiles-Trucks/Lcv Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
FORCE MOTORS | 492.11 | 17.76 | 8,741.1 |
TATA MOTORS LTD | 33,165.20 | 8.87 | 294,122.0 |
ASHOK LEYLAND LTD | 2,835.40 | 23.93 | 67,848.5 |
OLECTRA GREENTECH LTD | 100.08 | 134.31 | 13,441.5 |
SML ISUZU LTD | 123.19 | 18.56 | 2,286.7 |
Automobiles-Trucks/Lcv Industry Benchmark (Top 10) PE Analysis vs FORCE MOTORS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 8.87x |
Max industry PE | 134.31x |
Median industry PE | 18.56x |
Average industry PE | 40.69x |
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