ZF STEERING GEAR (INDIA)
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The Current P/E Ratio of ZF STEERING GEAR (INDIA) is 37.51.
Share Price | ₹1,294.2 | Jan 29,2025 |
Market Cap | ₹1,177.7 Cr | |
Earnings-TTM | ₹31.4 Cr | TTM-Consolidated Results |
Price/Earnings | 37.51x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of ZF STEERING GEAR (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,177.7 Cr] as on Jan 29,2025
(/) Earnings [ ₹31.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 37.51x ]
Thus, for ZF STEERING GEAR (INDIA) , the investors are currently willing to pay 37.51 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 ZF STEERING GEAR (INDIA) !
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 ZF STEERING GEAR (INDIA) over the last five years.
Historical PE (Price/Earnings) ratio chart of ZF STEERING GEAR (INDIA)
PE Ratio Performance Analysis for ZF STEERING GEAR (INDIA)
- ZF STEERING GEAR (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2017 averaged 21.51x.
- ZF STEERING GEAR (INDIA) 's operated at median p/e ratio of 17.02x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ZF STEERING GEAR (INDIA) 's p/e ratio peaked in Mar2017 at 38.51x.
- ZF STEERING GEAR (INDIA) 's p/e ratio hit its five-year low in Mar2019 of 14.84x.
How does ZF STEERING GEAR (INDIA) '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 |
---|---|---|---|
ZF STEERING GEAR (INDIA) | 31.40 | 37.51 | 1,177.7 |
BOSCH LTD | 2,023.80 | 41.01 | 82,995.7 |
SAMVARDHANA MOTHERSON INTERNATIONAL LTD | 3,690.38 | 26.92 | 99,352.5 |
SONA BLW PRECISION FORGINGS LTD | 584.08 | 53.51 | 31,256.9 |
UNO MINDA LTD | 796.76 | 64.56 | 51,439.3 |
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD | 409.59 | 49.89 | 20,432.7 |
ENDURANCE TECHNOLOGIES LTD | 769.27 | 35.78 | 27,524.9 |
JBM AUTO LTD | 221.23 | 74.80 | 16,548.1 |
TVS HOLDINGS LTD | 2,297.10 | 8.37 | 19,236.6 |
MINDA CORPORATION LTD | 253.50 | 51.58 | 13,075.2 |
CRAFTSMAN AUTOMATION LTD | 203.55 | 50.46 | 10,272.0 |
Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs ZF STEERING GEAR (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 8.37x |
Max industry PE | 74.80x |
Median industry PE | 49.89x |
Average industry PE | 44.95x |
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