FORCE MOTORS
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The Current P/E Ratio of FORCE MOTORS is 18.38.
Share Price | ₹6,852.8 | Jan 08,2025 |
Market Cap | ₹9,045.6 Cr | |
Earnings-TTM | ₹492.1 Cr | TTM-Consolidated Results |
Price/Earnings | 18.38x | 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 [ ₹9,045.6 Cr] as on Jan 08,2025
(/) Earnings [ ₹492.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 18.38x ]
Thus, for FORCE MOTORS , the investors are currently willing to pay 18.38 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 | 18.38 | 9,045.6 |
TATA MOTORS LTD | 33,165.20 | 8.82 | 292,594.0 |
ASHOK LEYLAND LTD | 2,835.40 | 23.06 | 65,381.8 |
OLECTRA GREENTECH LTD | 100.08 | 116.78 | 11,687.1 |
SML ISUZU LTD | 123.19 | 16.31 | 2,008.7 |
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 | 8.82x |
Max industry PE | 116.78x |
Median industry PE | 18.38x |
Average industry PE | 36.67x |
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