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MUNJAL AUTO INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of MUNJAL AUTO INDUSTRIES is 21.87.

Share Price ₹95.7Jan 06,2025
Market Cap ₹956.6 Cr
Earnings-TTM₹43.7 CrTTM-Consolidated Results
Price/Earnings21.87xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MUNJAL AUTO INDUSTRIES

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 MUNJAL AUTO INDUSTRIES is calculated as :

Current Market Cap [ ₹956.6 Cr] as on Jan 06,2025

(/) Earnings [ ₹43.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 21.87x ]

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

Thus, for MUNJAL AUTO INDUSTRIES , the investors are currently willing to pay 21.87 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 MUNJAL AUTO INDUSTRIES !

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 MUNJAL AUTO INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of MUNJAL AUTO INDUSTRIES


PE Ratio Performance Analysis for MUNJAL AUTO INDUSTRIES

- MUNJAL AUTO INDUSTRIES 's latest p/e ratio is 21.87x.

- MUNJAL AUTO INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 26.32x.

- MUNJAL AUTO INDUSTRIES 's operated at median p/e ratio of 20.61x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MUNJAL AUTO INDUSTRIES 's p/e ratio peaked in Mar2020 at 63.2x.

- MUNJAL AUTO INDUSTRIES 's p/e ratio hit its five-year low in Mar2023 of 6.48x.


How does MUNJAL AUTO INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Earnings-TTM (Cr)PE RatioMarket Cap
MUNJAL AUTO INDUSTRIES 43.7321.87956.6
BOSCH LTD2,083.7047.2898,521.1
SAMVARDHANA MOTHERSON INTERNATIONAL LTD3,690.3829.40108,500.0
SONA BLW PRECISION FORGINGS LTD566.9763.6536,087.0
UNO MINDA LTD796.7676.5761,010.6
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD409.5953.2621,813.3
ENDURANCE TECHNOLOGIES LTD769.2738.1129,318.4
JBM AUTO LTD207.1186.4117,896.1
TVS HOLDINGS LTD2,135.269.3820,021.1
MINDA CORPORATION LTD253.5047.8312,123.7
CRAFTSMAN AUTOMATION LTD272.1845.9512,507.4

Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs MUNJAL AUTO INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 9.38x
Max industry PE 86.41x
Median industry PE 47.28x
Average industry PE 47.25x



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