MAHINDRA & MAHINDRA
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The Current P/E Ratio of MAHINDRA & MAHINDRA is 28.05.
Share Price | ₹2,514.5 | May 17,2024 |
Market Cap | ₹312,671.9 Cr | |
Earnings-TTM | ₹11,148.4 Cr | TTM-Consolidated Results |
Price/Earnings | 28.05x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MAHINDRA & MAHINDRA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹312,671.9 Cr] as on May 17,2024
(/) Earnings [ ₹11,148.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 28.05x ]
Thus, for MAHINDRA & MAHINDRA , the investors are currently willing to pay 28.05 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 MAHINDRA & MAHINDRA !
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 MAHINDRA & MAHINDRA over the last five years.
Historical PE (Price/Earnings) ratio chart of MAHINDRA & MAHINDRA
PE Ratio Performance Analysis for MAHINDRA & MAHINDRA
- MAHINDRA & MAHINDRA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 63.00x.
- MAHINDRA & MAHINDRA 's operated at median p/e ratio of 13.75x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MAHINDRA & MAHINDRA 's p/e ratio peaked in Mar2020 at 248.69x.
- MAHINDRA & MAHINDRA 's p/e ratio hit its five-year low in Mar2023 of 12.55x.
How does MAHINDRA & MAHINDRA 's P/E Ratio benchmark against top 10 peers in Automobiles - Passenger Cars Industry?
Peer Comparison (Automobiles - Passenger Cars Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
MAHINDRA & MAHINDRA | 11,148.40 | 28.05 | 312,671.9 |
MARUTI SUZUKI INDIA LTD | 13,194.50 | 30.13 | 397,526.0 |
MERCURY EVTECH LTD | 2.17 | 601.28 | 1,305.4 |
Automobiles - Passenger Cars Industry Benchmark (Top 10) PE Analysis vs MAHINDRA & MAHINDRA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 28.05x |
Max industry PE | 601.28x |
Median industry PE | 30.13x |
Average industry PE | 219.82x |
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