VST TILLERS TRACTORS
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The Current P/E Ratio of VST TILLERS TRACTORS is 33.35.
Share Price | ₹4,647.1 | Nov 08,2024 |
Market Cap | ₹3,996.5 Cr | |
Earnings-TTM | ₹119.9 Cr | TTM-Standalone Results |
Price/Earnings | 33.35x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of VST TILLERS TRACTORS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹3,996.5 Cr] as on Nov 08,2024
(/) Earnings [ ₹119.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 33.35x ]
Thus, for VST TILLERS TRACTORS , the investors are currently willing to pay 33.35 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 VST TILLERS TRACTORS !
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 VST TILLERS TRACTORS over the last five years.
Historical PE (Price/Earnings) ratio chart of VST TILLERS TRACTORS
PE Ratio Performance Analysis for VST TILLERS TRACTORS
- VST TILLERS TRACTORS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 22.90x.
- VST TILLERS TRACTORS 's operated at median p/e ratio of 21.26x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VST TILLERS TRACTORS 's p/e ratio peaked in Mar2020 at 32.25x.
- VST TILLERS TRACTORS 's p/e ratio hit its five-year low in Mar2021 of 16.96x.
How does VST TILLERS TRACTORS 's P/E Ratio benchmark against top 10 peers in Automobiles-Tractors Industry?
Peer Comparison (Automobiles-Tractors Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
VST TILLERS TRACTORS | 119.85 | 33.35 | 3,996.5 |
ESCORTS KUBOTA LTD | 1,127.65 | 36.07 | 40,678.8 |
Automobiles-Tractors Industry Benchmark (Top 10) PE Analysis vs VST TILLERS TRACTORS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 33.35x |
Max industry PE | 36.07x |
Median industry PE | 36.07x |
Average industry PE | 34.71x |
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