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LUMAX INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of LUMAX INDUSTRIES is 42.83.

Share Price ₹2,377.9Dec 26,2024
Market Cap ₹2,211.4 Cr
Earnings-TTM₹51.6 CrTTM-Consolidated Results
Price/Earnings42.83xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of LUMAX INDUSTRIES

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 LUMAX INDUSTRIES is calculated as :

Current Market Cap [ ₹2,211.4 Cr] as on Dec 26,2024

(/) Earnings [ ₹51.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 42.83x ]

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

Thus, for LUMAX INDUSTRIES , the investors are currently willing to pay 42.83 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 LUMAX INDUSTRIES !

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 LUMAX INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of LUMAX INDUSTRIES


PE Ratio Performance Analysis for LUMAX INDUSTRIES

- LUMAX INDUSTRIES 's latest p/e ratio is 42.83x.

- LUMAX INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 30.06x.

- LUMAX INDUSTRIES 's operated at median p/e ratio of 20.22x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, LUMAX INDUSTRIES 's p/e ratio peaked in Mar2021 at 82.57x.

- LUMAX INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 11.12x.


How does LUMAX INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Earnings-TTM (Cr)PE RatioMarket Cap
LUMAX INDUSTRIES 51.6342.832,211.4
BOSCH LTD2,083.7048.41100,870.0
SAMVARDHANA MOTHERSON INTERNATIONAL LTD3,690.3829.79109,942.0
SONA BLW PRECISION FORGINGS LTD566.9765.0236,863.8
UNO MINDA LTD796.7675.3860,063.3
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD409.5954.2922,234.5
ENDURANCE TECHNOLOGIES LTD769.2739.5130,395.1
JBM AUTO LTD207.1191.5018,949.7
TVS HOLDINGS LTD2,135.269.9921,336.2
MINDA CORPORATION LTD253.5046.9211,894.2
CRAFTSMAN AUTOMATION LTD272.1847.0212,798.0

Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs LUMAX INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 9.99x
Max industry PE 91.50x
Median industry PE 47.02x
Average industry PE 50.06x



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