TVS SRICHAKRA
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The Current P/E Ratio of TVS SRICHAKRA is 63.10.
Share Price | ₹2,834.7 | Feb 14,2025 |
Market Cap | ₹2,182.7 Cr | |
Earnings-TTM | ₹34.6 Cr | TTM-Consolidated Results |
Price/Earnings | 63.10x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TVS SRICHAKRA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,182.7 Cr] as on Feb 14,2025
(/) Earnings [ ₹34.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 63.10x ]
Thus, for TVS SRICHAKRA , the investors are currently willing to pay 63.10 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 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 Ratio | Market Cap |
---|---|---|---|
TVS SRICHAKRA | 34.59 | 63.10 | 2,182.7 |
MRF LTD | 1,753.29 | 26.48 | 46,424.0 |
BALKRISHNA INDUSTRIES LTD | 1,773.16 | 28.58 | 50,678.1 |
APOLLO TYRES LTD | 1,290.29 | 20.34 | 26,242.4 |
JK TYRE & INDUSTRIES LTD | 588.26 | 13.30 | 7,823.3 |
CEAT LTD | 449.20 | 23.39 | 10,505.3 |
GOODYEAR INDIA LTD | 46.04 | 43.94 | 2,023.1 |
Tyres & Allied Industry Benchmark (Top 10) PE Analysis vs TVS SRICHAKRA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 13.30x |
Max industry PE | 63.10x |
Median industry PE | 26.48x |
Average industry PE | 31.30x |
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