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TVS SRICHAKRA
PE (Price/Earnings) Ratio

The Current P/E Ratio of TVS SRICHAKRA is 66.09.

Share Price ₹2,968.9Feb 13,2025
Market Cap ₹2,286.1 Cr
Earnings-TTM₹34.6 CrTTM-Consolidated Results
Price/Earnings66.09xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TVS SRICHAKRA

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 TVS SRICHAKRA is calculated as :

Current Market Cap [ ₹2,286.1 Cr] as on Feb 13,2025

(/) Earnings [ ₹34.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 66.09x ]

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

Thus, for TVS SRICHAKRA , the investors are currently willing to pay 66.09 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 TVS SRICHAKRA !

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 TVS SRICHAKRA over the last five years.

Historical PE (Price/Earnings) ratio chart of TVS SRICHAKRA


PE Ratio Performance Analysis for TVS SRICHAKRA

- TVS SRICHAKRA 's latest p/e ratio is 66.09x.

- TVS SRICHAKRA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 21.51x.

- TVS SRICHAKRA 's operated at median p/e ratio of 25.06x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TVS SRICHAKRA 's p/e ratio peaked in Mar2022 at 28.08x.

- TVS SRICHAKRA 's p/e ratio hit its five-year low in Mar2020 of 8.29x.


How does TVS SRICHAKRA 's P/E Ratio benchmark against top 10 peers in Tyres & Allied Industry?

Peer Comparison (Tyres & Allied Industry)Earnings-TTM (Cr)PE RatioMarket Cap
TVS SRICHAKRA 34.5966.092,286.1
MRF LTD1,753.2926.5446,526.6
BALKRISHNA INDUSTRIES LTD1,773.1628.7050,887.9
APOLLO TYRES LTD1,290.2920.7126,715.5
JK TYRE & INDUSTRIES LTD588.2613.678,041.1
CEAT LTD449.2023.7210,657.0
GOODYEAR INDIA LTD58.4236.272,118.7

Tyres & Allied Industry Benchmark (Top 10) PE Analysis vs TVS SRICHAKRA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 13.67x
Max industry PE 66.09x
Median industry PE 26.54x
Average industry PE 30.81x



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