MERCURY EVTECH
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The Current P/E Ratio of MERCURY EVTECH is 1,074.54.
Share Price | ₹104.4 | Nov 08,2024 |
Market Cap | ₹1,983.6 Cr | |
Earnings-TTM | ₹1.8 Cr | TTM-Consolidated Results |
Price/Earnings | 1,074.54x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MERCURY EVTECH
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,983.6 Cr] as on Nov 08,2024
(/) Earnings [ ₹1.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 1,074.54x ]
Thus, for MERCURY EVTECH , the investors are currently willing to pay 1,074.54 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 MERCURY EVTECH !
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 MERCURY EVTECH over the last five years.
Historical PE (Price/Earnings) ratio chart of MERCURY EVTECH
PE Ratio Performance Analysis for MERCURY EVTECH
- MERCURY EVTECH 's p/e ratio for fiscal years ending Mar2023 to Mar2022 averaged 88.73x.
- MERCURY EVTECH 's operated at median p/e ratio of 174.77x from fiscal years ending March 2018 to 2022.
- Looking back at the last 2 fiscal years, MERCURY EVTECH 's p/e ratio peaked in Mar2023 at 174.77x.
- MERCURY EVTECH 's p/e ratio hit its five-year low in Mar2022 of 2.68x.
How does MERCURY EVTECH '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 |
---|---|---|---|
MERCURY EVTECH | 1.85 | 1,074.54 | 1,983.6 |
MARUTI SUZUKI INDIA LTD | 13,782.50 | 25.79 | 355,503.0 |
MAHINDRA & MAHINDRA LTD | 11,578.10 | 32.00 | 370,478.0 |
Automobiles - Passenger Cars Industry Benchmark (Top 10) PE Analysis vs MERCURY EVTECH 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 1.00x |
Max industry PE | 32.00x |
Median industry PE | 25.79x |
Average industry PE | 19.60x |
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