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MAJESTIC AUTO
PE (Price/Earnings) Ratio

The Current P/E Ratio of MAJESTIC AUTO is 17.85.

Share Price ₹440.7Feb 01,2025
Market Cap ₹458.3 Cr
Earnings-TTM₹25.7 CrTTM-Consolidated Results
Price/Earnings17.85xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MAJESTIC AUTO

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 MAJESTIC AUTO is calculated as :

Current Market Cap [ ₹458.3 Cr] as on Feb 01,2025

(/) Earnings [ ₹25.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 17.85x ]

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

Thus, for MAJESTIC AUTO , the investors are currently willing to pay 17.85 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 MAJESTIC AUTO !

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 MAJESTIC AUTO over the last five years.

Historical PE (Price/Earnings) ratio chart of MAJESTIC AUTO


PE Ratio Performance Analysis for MAJESTIC AUTO

- MAJESTIC AUTO 's latest p/e ratio is 17.85x.

- MAJESTIC AUTO 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 13.46x.

- MAJESTIC AUTO 's operated at median p/e ratio of 9.49x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MAJESTIC AUTO 's p/e ratio peaked in Mar2023 at 37.33x.

- MAJESTIC AUTO 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does MAJESTIC AUTO 's P/E Ratio benchmark against top 10 peers in Business Support Industry?

Peer Comparison (Business Support Industry)Earnings-TTM (Cr)PE RatioMarket Cap
MAJESTIC AUTO 25.6817.85458.3
SYNGENE INTERNATIONAL LTD501.5059.2929,735.4
SUN PHARMA ADVANCED RESEARCH COMPANY LTD-410.87-12.555,156.7
LATENT VIEW ANALYTICS LTD171.3952.799,047.6
JUST DIAL LTD362.9320.127,302.0
DREAMFOLKS SERVICES LTD71.1928.862,054.1
EKI ENERGY SERVICES LTD-48.18-13.51650.9
AGS TRANSACT TECHNOLOGIES LTD9.1971.66658.9
JAYKAY ENTERPRISES LTD11.63169.311,969.4
QUINT DIGITAL LTD46.028.19377.0
PTL ENTERPRISES LTD29.9917.65529.2

Business Support Industry Benchmark (Top 10) PE Analysis vs MAJESTIC AUTO 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -13.51x
Max industry PE 169.31x
Median industry PE 20.12x
Average industry PE 38.15x



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