HIGH ENERGY BATTERIES (INDIA)
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The Current P/E Ratio of HIGH ENERGY BATTERIES (INDIA) is 46.90.
Share Price | ₹523.4 | Feb 06,2025 |
Market Cap | ₹471.0 Cr | |
Earnings-TTM | ₹10.0 Cr | TTM-Standalone Results |
Price/Earnings | 46.90x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of HIGH ENERGY BATTERIES (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
HIGH ENERGY BATTERIES (INDIA) | 10.04 | 46.90 | 471.0 |
EXIDE INDUSTRIES LTD | 798.16 | 40.27 | 32,138.5 |
AMARA RAJA ENERGY & MOBILITY LTD | 969.26 | 20.53 | 19,902.2 |
HBL POWER SYSTEMS LTD | 295.85 | 54.08 | 15,998.3 |
EVEREADY INDUSTRIES INDIA LTD | 80.07 | 32.44 | 2,597.1 |
INDONATIONAL LTD | 130.95 | 2.85 | 373.7 |
PANASONIC ENERGY INDIA COMPANY LTD | 11.67 | 26.20 | 305.7 |
Batteries Industry Benchmark (Top 10) PE Analysis vs HIGH ENERGY BATTERIES (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 2.85x |
Max industry PE | 54.08x |
Median industry PE | 32.44x |
Average industry PE | 31.90x |
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