REMSONS INDUSTRIES
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The Current P/E Ratio of REMSONS INDUSTRIES is 37.26.
Share Price | ₹151.9 | Nov 22,2024 |
Market Cap | ₹530.1 Cr | |
Earnings-TTM | ₹14.2 Cr | TTM-Consolidated Results |
Price/Earnings | 37.26x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of REMSONS INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹530.1 Cr] as on Nov 22,2024
(/) Earnings [ ₹14.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 37.26x ]
Thus, for REMSONS INDUSTRIES , the investors are currently willing to pay 37.26 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 REMSONS 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 REMSONS INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of REMSONS INDUSTRIES
PE Ratio Performance Analysis for REMSONS INDUSTRIES
- REMSONS INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2021 averaged 22.06x.
- REMSONS INDUSTRIES 's operated at median p/e ratio of 19.45x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, REMSONS INDUSTRIES 's p/e ratio peaked in Mar2024 at 48.18x.
- REMSONS INDUSTRIES 's p/e ratio hit its five-year low in Mar2023 of 2.65x.
How does REMSONS INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Auto Ancillary Industry?
Peer Comparison (Auto Ancillary Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
REMSONS INDUSTRIES | 14.23 | 37.26 | 530.1 |
BOSCH LTD | 2,083.70 | 48.60 | 101,267.0 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 3,690.38 | 31.49 | 116,204.0 |
SONA BLW PRECISION FORGINGS LTD | 566.97 | 75.09 | 42,571.4 |
UNO MINDA LTD | 796.76 | 76.88 | 61,257.5 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 409.59 | 66.77 | 27,347.7 |
ENDURANCE TECHNOLOGIES LTD | 769.27 | 43.17 | 33,211.2 |
JBM AUTO LTD | 207.11 | 81.00 | 16,775.7 |
TVS HOLDINGS LTD | 2,135.26 | 10.93 | 23,342.3 |
MINDA CORPORATION LTD | 253.50 | 45.48 | 11,529.6 |
CRAFTSMAN AUTOMATION LTD | 272.18 | 45.61 | 12,414.5 |
Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs REMSONS INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.93x |
Max industry PE | 81.00x |
Median industry PE | 45.61x |
Average industry PE | 51.12x |
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