OLECTRA GREENTECH
|
The Current P/E Ratio of OLECTRA GREENTECH is 177.56.
Share Price | ₹1,547.0 | Sep 06,2024 |
Market Cap | ₹12,700.9 Cr | |
Earnings-TTM | ₹71.5 Cr | TTM-Consolidated Results |
Price/Earnings | 177.56x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of OLECTRA GREENTECH
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹12,700.9 Cr] as on Sep 06,2024
(/) Earnings [ ₹71.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 177.56x ]
Thus, for OLECTRA GREENTECH , the investors are currently willing to pay 177.56 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 OLECTRA GREENTECH !
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 OLECTRA GREENTECH over the last five years.
Historical PE (Price/Earnings) ratio chart of OLECTRA GREENTECH
PE Ratio Performance Analysis for OLECTRA GREENTECH
- OLECTRA GREENTECH 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 136.51x.
- OLECTRA GREENTECH 's operated at median p/e ratio of 155.31x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, OLECTRA GREENTECH 's p/e ratio peaked in Mar2021 at 219.76x.
- OLECTRA GREENTECH 's p/e ratio hit its five-year low in Mar2020 of 28.3x.
How does OLECTRA GREENTECH 's P/E Ratio benchmark against top 10 peers in Automobiles-Trucks/Lcv Industry?
Peer Comparison (Automobiles-Trucks/Lcv Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
OLECTRA GREENTECH | 71.53 | 177.56 | 12,700.9 |
TATA MOTORS LTD | 33,580.20 | 11.49 | 385,996.0 |
ASHOK LEYLAND LTD | 2,646.54 | 27.51 | 72,808.7 |
FORCE MOTORS LTD | 449.68 | 22.59 | 10,157.2 |
SML ISUZU LTD | 122.48 | 24.01 | 2,940.2 |
Automobiles-Trucks/Lcv Industry Benchmark (Top 10) PE Analysis vs OLECTRA GREENTECH 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 11.49x |
Max industry PE | 177.56x |
Median industry PE | 24.01x |
Average industry PE | 52.63x |
You may also like the below Video Courses