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REMSONS INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of REMSONS INDUSTRIES is 39.49.

Share Price ₹161.0Nov 29,2024
Market Cap ₹561.9 Cr
Earnings-TTM₹14.2 CrTTM-Consolidated Results
Price/Earnings39.49xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of REMSONS INDUSTRIES

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 REMSONS INDUSTRIES is calculated as :

Current Market Cap [ ₹561.9 Cr] as on Nov 29,2024

(/) Earnings [ ₹14.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 39.49x ]

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

Thus, for REMSONS INDUSTRIES , the investors are currently willing to pay 39.49 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 latest p/e ratio is 39.49x.

- 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 RatioMarket Cap
REMSONS INDUSTRIES 14.2339.49561.9
BOSCH LTD2,083.7049.52103,191.0
SAMVARDHANA MOTHERSON INTERNATIONAL LTD3,690.3830.97114,305.0
SONA BLW PRECISION FORGINGS LTD566.9773.6241,741.8
UNO MINDA LTD796.7675.8060,393.4
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD409.5957.8023,673.2
ENDURANCE TECHNOLOGIES LTD769.2742.8932,990.4
JBM AUTO LTD207.1189.5718,550.6
TVS HOLDINGS LTD2,135.2611.1923,884.4
MINDA CORPORATION LTD253.5046.7211,842.8
CRAFTSMAN AUTOMATION LTD272.1844.6212,143.8

Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs REMSONS INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 11.19x
Max industry PE 89.57x
Median industry PE 46.72x
Average industry PE 51.11x



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