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PIX TRANSMISSIONS
PE (Price/Earnings) Ratio

The Current P/E Ratio of PIX TRANSMISSIONS is 28.45.

Share Price ₹2,394.1Nov 22,2024
Market Cap ₹3,255.9 Cr
Earnings-TTM₹114.4 CrTTM-Consolidated Results
Price/Earnings28.45xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of PIX TRANSMISSIONS

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 PIX TRANSMISSIONS is calculated as :

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 ]

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

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 latest p/e ratio is 28.45x.

- 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 RatioMarket Cap
PIX TRANSMISSIONS 114.4428.453,255.9
APCOTEX INDUSTRIES LTD52.2038.362,002.3
GRP LTD22.8675.131,717.3
RUBFILA INTERNATIONAL LTD23.0917.15396.0
INDAG RUBBER LTD12.9938.15495.5
CAPTAIN PIPES LTD4.3548.17209.6
SOMI CONVEYOR BELTINGS LTD5.7635.70205.6
DOLFIN RUBBERS LTD5.2937.59198.8

Rubber Products Industry Benchmark (Top 10) PE Analysis vs PIX TRANSMISSIONS 's P/E Ratio

Top 10 Industry PeersPE 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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