STEEL STRIPS WHEELS
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The Current P/E Ratio of STEEL STRIPS WHEELS is 4.19.
| Share Price | ₹173.7 | Mar 11,2025 |
| Market Cap | ₹2,724.6 Cr | |
| Earnings-TTM | ₹650.3 Cr | TTM-Consolidated Results |
| Price/Earnings | 4.19x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of STEEL STRIPS WHEELS
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)
Current Market Cap [ ₹2,724.6 Cr] as on Mar 11,2025
(/) Earnings [ ₹650.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 4.19x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for STEEL STRIPS WHEELS , the investors are currently willing to pay 4.19 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 STEEL STRIPS WHEELS !
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 STEEL STRIPS WHEELS over the last five years.
Thus, for STEEL STRIPS WHEELS , the investors are currently willing to pay 4.19 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 STEEL STRIPS WHEELS !
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 STEEL STRIPS WHEELS over the last five years.
Historical PE (Price/Earnings) ratio chart of STEEL STRIPS WHEELS
PE Ratio Performance Analysis for STEEL STRIPS WHEELS
- STEEL STRIPS WHEELS 's latest p/e ratio is 4.19x.
- STEEL STRIPS WHEELS 's p/e ratio for fiscal years ending Mar2024 to Mar2022 averaged 6.51x.
- STEEL STRIPS WHEELS 's operated at median p/e ratio of 5.14x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, STEEL STRIPS WHEELS 's p/e ratio peaked in Mar2023 at 11.94x.
- STEEL STRIPS WHEELS 's p/e ratio hit its five-year low in Mar2022 of 2.45x.
- STEEL STRIPS WHEELS 's p/e ratio for fiscal years ending Mar2024 to Mar2022 averaged 6.51x.
- STEEL STRIPS WHEELS 's operated at median p/e ratio of 5.14x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, STEEL STRIPS WHEELS 's p/e ratio peaked in Mar2023 at 11.94x.
- STEEL STRIPS WHEELS 's p/e ratio hit its five-year low in Mar2022 of 2.45x.
How does STEEL STRIPS WHEELS '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 |
|---|---|---|---|
| STEEL STRIPS WHEELS | 650.26 | 4.19 | 2,724.6 |
| SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 4,002.37 | 21.90 | 87,637.1 |
| BOSCH LTD | 2,023.80 | 39.32 | 79,576.0 |
| UNO MINDA LTD | 849.24 | 57.86 | 49,136.9 |
| SONA BLW PRECISION FORGINGS LTD | 584.08 | 54.00 | 31,542.9 |
| ENDURANCE TECHNOLOGIES LTD | 801.37 | 32.75 | 26,241.4 |
| ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 434.21 | 49.19 | 21,357.2 |
| TVS HOLDINGS LTD | 2,297.10 | 7.42 | 17,033.8 |
| JBM AUTO LTD | 221.23 | 54.60 | 12,078.9 |
| MINDA CORPORATION LTD | 267.07 | 46.10 | 12,311.4 |
| CRAFTSMAN AUTOMATION LTD | 203.55 | 57.41 | 11,685.2 |
Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs STEEL STRIPS WHEELS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 4.19x |
| Max industry PE | 57.86x |
| Median industry PE | 46.10x |
| Average industry PE | 38.61x |
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