MINDA CORPORATION
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The Current P/E Ratio of MINDA CORPORATION is 51.61.
Share Price | ₹547.2 | Dec 11,2024 |
Market Cap | ₹13,083.6 Cr | |
Earnings-TTM | ₹253.5 Cr | TTM-Consolidated Results |
Price/Earnings | 51.61x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MINDA CORPORATION
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹13,083.6 Cr] as on Dec 11,2024
(/) Earnings [ ₹253.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 51.61x ]
Thus, for MINDA CORPORATION , the investors are currently willing to pay 51.61 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 MINDA CORPORATION !
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 MINDA CORPORATION over the last five years.
Historical PE (Price/Earnings) ratio chart of MINDA CORPORATION
PE Ratio Performance Analysis for MINDA CORPORATION
- MINDA CORPORATION 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 26.68x.
- MINDA CORPORATION 's operated at median p/e ratio of 25.77x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MINDA CORPORATION 's p/e ratio peaked in Mar2021 at 45.58x.
- MINDA CORPORATION 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does MINDA CORPORATION 's P/E Ratio benchmark against top 10 peers in Auto Ancillary Industry?
Peer Comparison (Auto Ancillary Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
MINDA CORPORATION | 253.50 | 51.61 | 13,083.6 |
BOSCH LTD | 2,083.70 | 51.26 | 106,814.0 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 3,690.38 | 31.79 | 117,330.0 |
SONA BLW PRECISION FORGINGS LTD | 566.97 | 70.35 | 39,886.8 |
UNO MINDA LTD | 796.76 | 77.63 | 61,848.9 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 409.59 | 54.37 | 22,270.3 |
ENDURANCE TECHNOLOGIES LTD | 769.27 | 42.85 | 32,960.1 |
JBM AUTO LTD | 207.11 | 100.79 | 20,873.6 |
TVS HOLDINGS LTD | 2,135.26 | 11.14 | 23,782.1 |
CRAFTSMAN AUTOMATION LTD | 272.18 | 43.69 | 11,892.0 |
MAHARASHTRA SCOOTERS LTD | 160.52 | 67.50 | 10,835.4 |
Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs MINDA CORPORATION 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 11.14x |
Max industry PE | 100.79x |
Median industry PE | 51.61x |
Average industry PE | 54.82x |
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