MAHINDRA & MAHINDRA
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The Current P/E Ratio of MAHINDRA & MAHINDRA is 31.66.
Share Price | ₹2,948.1 | Nov 19,2024 |
Market Cap | ₹366,596.2 Cr | |
Earnings-TTM | ₹11,578.1 Cr | TTM-Consolidated Results |
Price/Earnings | 31.66x | 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 [ ₹366,596.2 Cr] as on Nov 19,2024
(/) Earnings [ ₹11,578.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 31.66x ]
Thus, for MAHINDRA & MAHINDRA , the investors are currently willing to pay 31.66 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 Mar2024 to Mar2020 averaged 68.52x.
- MAHINDRA & MAHINDRA 's operated at median p/e ratio of 19.01x 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 | 11,578.10 | 31.66 | 366,596.2 |
MARUTI SUZUKI INDIA LTD | 13,782.50 | 25.02 | 344,851.0 |
MERCURY EVTECH LTD | 2.85 | 678.14 | 1,932.0 |
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 | 25.02x |
Max industry PE | 678.14x |
Median industry PE | 31.66x |
Average industry PE | 244.94x |
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