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POPULAR VEHICLES & SERVICES
PE (Price/Earnings) Ratio

The Current P/E Ratio of POPULAR VEHICLES & SERVICES is 29.64.

Share Price ₹97.3Mar 11,2025
Market Cap ₹692.4 Cr
Earnings-TTM₹23.4 CrTTM-Consolidated Results
Price/Earnings29.64xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of POPULAR VEHICLES & SERVICES

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 POPULAR VEHICLES & SERVICES is calculated as :

Current Market Cap [ ₹692.4 Cr] as on Mar 11,2025

(/) Earnings [ ₹23.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 29.64x ]

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

Thus, for POPULAR VEHICLES & SERVICES , the investors are currently willing to pay 29.64 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 POPULAR VEHICLES & SERVICES !

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 POPULAR VEHICLES & SERVICES over the last five years.

Historical PE (Price/Earnings) ratio chart of POPULAR VEHICLES & SERVICES


PE Ratio Performance Analysis for POPULAR VEHICLES & SERVICES

- POPULAR VEHICLES & SERVICES 's latest p/e ratio is 29.64x.

- POPULAR VEHICLES & SERVICES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.66x.

- POPULAR VEHICLES & SERVICES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, POPULAR VEHICLES & SERVICES 's p/e ratio peaked in Mar2024 at 23.31x.

- POPULAR VEHICLES & SERVICES 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does POPULAR VEHICLES & SERVICES 's P/E Ratio benchmark against top 10 peers in Automobiles - Dealers & Distributors Industry?

Peer Comparison (Automobiles - Dealers & Distributors Industry)Earnings-TTM (Cr)PE RatioMarket Cap
POPULAR VEHICLES & SERVICES 23.3629.64692.4
CARTRADE TECH LTD122.2360.267,365.9
LANDMARK CARS LTD26.5666.091,755.1

Automobiles - Dealers & Distributors Industry Benchmark (Top 10) PE Analysis vs POPULAR VEHICLES & SERVICES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 29.64x
Max industry PE 66.09x
Median industry PE 60.26x
Average industry PE 52.00x



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