Home > PE Ratio > HIGH ENERGY BATTERIES (INDIA)

HIGH ENERGY BATTERIES (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of HIGH ENERGY BATTERIES (INDIA) is 46.90.

Share Price ₹523.4Feb 06,2025
Market Cap ₹471.0 Cr
Earnings-TTM₹10.0 CrTTM-Standalone Results
Price/Earnings46.90xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for HIGH ENERGY BATTERIES (INDIA)
Please provide your vote to see the results
HIGH ENERGY BATTERIES (INDIA) is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals

Definition & Calculation of PE (Price/Earnings) ratio of HIGH ENERGY BATTERIES (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 HIGH ENERGY BATTERIES (INDIA) is calculated as :

Current Market Cap [ ₹471.0 Cr] as on Feb 06,2025

(/) Earnings [ ₹10.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 46.90x ]

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

Thus, for HIGH ENERGY BATTERIES (INDIA) , the investors are currently willing to pay 46.90 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 HIGH ENERGY BATTERIES (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 HIGH ENERGY BATTERIES (INDIA) over the last five years.

Historical PE (Price/Earnings) ratio chart of HIGH ENERGY BATTERIES (INDIA)


PE Ratio Performance Analysis for HIGH ENERGY BATTERIES (INDIA)

- HIGH ENERGY BATTERIES (INDIA) 's latest p/e ratio is 46.90x.

- HIGH ENERGY BATTERIES (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.29x.

- HIGH ENERGY BATTERIES (INDIA) 's operated at median p/e ratio of 3.03x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HIGH ENERGY BATTERIES (INDIA) 's p/e ratio peaked in Mar2024 at 31.41x.

- HIGH ENERGY BATTERIES (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 1.32x.


How does HIGH ENERGY BATTERIES (INDIA) 's P/E Ratio benchmark against top 10 peers in Batteries Industry?

Peer Comparison (Batteries Industry)Earnings-TTM (Cr)PE RatioMarket Cap
HIGH ENERGY BATTERIES (INDIA) 10.0446.90471.0
EXIDE INDUSTRIES LTD798.1640.2732,138.5
AMARA RAJA ENERGY & MOBILITY LTD969.2620.5319,902.2
HBL POWER SYSTEMS LTD295.8554.0815,998.3
EVEREADY INDUSTRIES INDIA LTD80.0732.442,597.1
INDONATIONAL LTD130.952.85373.7
PANASONIC ENERGY INDIA COMPANY LTD11.6726.20305.7

Batteries Industry Benchmark (Top 10) PE Analysis vs HIGH ENERGY BATTERIES (INDIA) 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 2.85x
Max industry PE 54.08x
Median industry PE 32.44x
Average industry PE 31.90x



You may also like the below Video Courses