PIX TRANSMISSIONS
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The Current P/E Ratio of PIX TRANSMISSIONS is 28.45.
Share Price | ₹2,394.1 | Nov 22,2024 |
Market Cap | ₹3,255.9 Cr | |
Earnings-TTM | ₹114.4 Cr | TTM-Consolidated Results |
Price/Earnings | 28.45x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PIX TRANSMISSIONS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹3,255.9 Cr] as on Nov 22,2024
(/) Earnings [ ₹114.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 28.45x ]
Thus, for PIX TRANSMISSIONS , the investors are currently willing to pay 28.45 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 PIX TRANSMISSIONS !
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 PIX TRANSMISSIONS over the last five years.
Historical PE (Price/Earnings) ratio chart of PIX TRANSMISSIONS
PE Ratio Performance Analysis for PIX TRANSMISSIONS
- PIX TRANSMISSIONS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 13.11x.
- PIX TRANSMISSIONS 's operated at median p/e ratio of 15.97x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PIX TRANSMISSIONS 's p/e ratio peaked in Mar2024 at 21.95x.
- PIX TRANSMISSIONS 's p/e ratio hit its five-year low in Mar2020 of 3.73x.
How does PIX TRANSMISSIONS 's P/E Ratio benchmark against top 10 peers in Rubber Products Industry?
Peer Comparison (Rubber Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
PIX TRANSMISSIONS | 114.44 | 28.45 | 3,255.9 |
APCOTEX INDUSTRIES LTD | 52.20 | 38.36 | 2,002.3 |
GRP LTD | 22.86 | 75.13 | 1,717.3 |
RUBFILA INTERNATIONAL LTD | 23.09 | 17.15 | 396.0 |
INDAG RUBBER LTD | 12.99 | 38.15 | 495.5 |
CAPTAIN PIPES LTD | 4.35 | 48.17 | 209.6 |
SOMI CONVEYOR BELTINGS LTD | 5.76 | 35.70 | 205.6 |
DOLFIN RUBBERS LTD | 5.29 | 37.59 | 198.8 |
Rubber Products Industry Benchmark (Top 10) PE Analysis vs PIX TRANSMISSIONS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 17.15x |
Max industry PE | 75.13x |
Median industry PE | 38.15x |
Average industry PE | 39.84x |
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