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Automotive Axles Ltd P/E Ratio

Automotive Axles Ltd P/E Ratio

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Automotive Axles Ltd

NSE: AUTOAXLES

PE

17.4

Last updated : 13 Jun 06:08 AM

Key Highlights

    The P/E Ratio of Automotive Axles Ltd is 17.4 as of 13 Jun 06:08 AM .a1#The P/E Ratio of Automotive Axles Ltd changed from 15.5 on March 2019 to 22.1 on March 2023 . This represents a CAGR of 7.35% over 5 years. a1#The Latest Trading Price of Automotive Axles Ltd is ₹ 1967 as of 11 Jun 15:30 .a1#The PE Ratio of Auto Ancillaries Industry has changed from 24.5 to 58.7 in 5 years. This represents a CAGR of 19.10%a1# The PE Ratio of Auto Ancillaries industry is 61.6. The PE Ratio of Automobile industry is 11.3. The PE Ratio of Finance industry is 21.7. The PE Ratio of IT - Software industry is 28.9. The PE Ratio of Retail industry is 142.7. The PE Ratio of Textiles industry is 7.2. In 2024a1#The Market Cap of Automotive Axles Ltd changed from ₹ 1882 crore on March 2019 to ₹ 3578 crore on March 2023 . This represents a CAGR of 13.71% over 5 years. a1#The Revenue of Automotive Axles Ltd changed from ₹ 501.29 crore to ₹ 576.88 crore over 8 quarters. This represents a CAGR of 7.27% a1#The EBITDA of Automotive Axles Ltd changed from ₹ 52.61 crore to ₹ 69.07 crore over 8 quarters. This represents a CAGR of 14.58% a1#The Net Profit of Automotive Axles Ltd changed from ₹ 30.4 crore to ₹ 44.1 crore over 8 quarters. This represents a CAGR of 20.44% a1#The Dividend Payout of Automotive Axles Ltd changed from 24.24 % on March 2019 to 29.84 % on March 2023 . This represents a CAGR of 4.24% over 5 years. a1#

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P/E Ratio Over Time

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share. P/E Ratio Formula P/E ratio = (CMP of share/ Earning per share) Types of Price to Earning Ratio 1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance. 2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

P/E Ratio Over Time

Period
Mar '1915.5
Mar '2014.1
Mar '2169.7
Mar '2235
Mar '2322.1

Fundamental Metrics

Market Cap

2,973 Cr

EPS

110.0

P/E Ratio (TTM) *

17.4

P/B Ratio (TTM) *

3.3

Day’s High

2005.0

Day’s Low

1964.5

DTE *

0.0

ROE *

19.0

52 Week High

2465.6

52 Week Low

1741.75

ROCE *

25.1

* All values are consolidated

* All values are consolidated

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Automotive Axles Ltd

NSE: AUTOAXLES

PRICE

1967.7

-24.85 (-1.25%)

stock direction

Last updated : 11 Jun 15:30

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PRICE

The current market price or CMP refers to the price at which the securities are trading in the share market. Current price in Over-the-counter costs: The following current price depends upon the bid price & the asking price when a financial asset is sold over-the-counter(OTC). Current Price in Bond Market: The current price of a bond is determined by measuring the actual interest rate against the bid-related interest rate. The par or the face value is then calculated to represent the remaining interest payments due which occur before the maturity of the bond.

Share price Over Time

1M

1Y

3Y

5Y

* All values are in Rupees

SWOT Analysis Of Automotive Axles Ltd

Strength

2

S

Weakness

0

W

Opportunity

0

O

Threats

0

T

Asset Value vs Market Value

Market Value

2,882

Asset Value

889

2.2 X

Value addition

* All values are in Rupees

PE Ratio Over Market Cap

Key Valuation Metric

Earnings

166 Cr

17.4 X

PE Ratio

Market Cap

₹2882Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio

PS Ratio

PB Ratio

Earnings

166 Cr

17.4 X

PE Ratio

Market Cap

₹2882Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Auto Ancillaries Industry over time

PE Ratio of Top Sectors

Automotive Axles Ltd PE Ratio Calculation

  • The Price-to-Earnings (PE) ratio, also known as the P/E Ratio, is a fundamental financial metric used to assess the valuation of a company's stock in relation to its earnings performance. For Automotive Axles Ltd, the PE Ratio is calculated as follows:

P/E Ratio

=

Market Capitalization

Net Income

  • Given the current market conditions, Automotive Axles Ltd's Share Price stands at 1967.7. The Earnings per Share (Diluted) for the trailing twelve months (TTM) ending in 2024-06-11T00:00:00 is 109.96. Substituting the values into the formula, PE Ratio becomes as follows: PE Ratio = 1967.7/ 109.96= 17.35.

P/E Ratio

=

Stock Price

Earning Per Share

  • This indicates that Automotive Axles Ltd's stock is trading at approximately 17.35 times its earnings per share for the trailing twelve months. Alternatively, the PE Ratio can also be computed using the company's overall financial performance: PE Ratio = Market Cap / Net Income. Where Market Cap represents the total market capitalization of the company, and Net Income signifies the total earnings after expenses and taxes.

Understanding Automotive Axles Ltd’s PE Ratio (BSE: AUTOAXLES)

    The Price-to-Earnings (PE) ratio, used to assess Automotive Axles Ltd's stock (BSE: AUTOAXLES), indicates how many years it would take for the company to earn back the stock price. If a company earns ₹2 per share annually and its stock trades at ₹30, the PE ratio is 15, signifying a 15-year payback period assuming steady earnings. Earnings fluctuate, affecting the payback period, Growing earnings shorten the recovery time while declining earnings extend it. Shareholders favor shorter payback periods, preferring lower PE stocks. Among stocks with the same PE ratio, faster-growing businesses are preferred. A company with losses makes the PE ratio meaningless. Peter Lynch introduced the PEG ratio to compare stocks with different growth rates, dividing the PE ratio by the growth rate. A company is considered fairly valued when its PE ratio matches its growth rate. The PE ratio, applicable across industries, measures stock valuation based on earnings power. It indicates how quickly an investment can be recouped. Unlike the PB ratio, which assesses valuation based on the balance sheet, the PE ratio focuses on earnings. Overall, the PE ratio provides insights into stock valuation, aligning with investors' preference for faster returns.

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Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '191883
Mar '20578
Mar '211585
Mar '222599
Mar '233579

* All values are a in crore

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Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '22501
Sep '22476
Dec '22657
Mar '22694
Jun '23534
Sep '23588
Dec '23546
Mar '23577

* All values are a in crore

×

EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '2253
Sep '2252
Dec '2279
Mar '2279
Jun '2361
Sep '2370
Dec '2362
Mar '2369

* All values are a in crore

×

Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '2230
Sep '2230
Dec '2251
Mar '2251
Jun '2338
Sep '2345
Dec '2339
Mar '2344

* All values are a in crore

×

Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '1924
Mar '2026
Mar '2130
Mar '2230
Mar '2330

* All values are a in %

About Automotive Axles Ltd

About Automotive Axles Ltd

    Promoted as a joint venture by the Kalyani Group and Rockwell International Corporation, US, (35.52% stake) in 1981, Automotive Axles Limited (AAL) manufactures all types of complete axles and axle assemblies including components and corresponding brake sets. It manufactures automotive gears and air- and hydraulic-activated brake assemblies. The Company is the largest independent manufacturer of Rear Drive Axle Assemblies in the country. The Company is a joint venture company incorporated in 1981, between Bharat Forge Limited, Pune, India and Meritor Heavy Vehicle Systems LLC, USA. The Company is primarily engaged in manufacturing of Axles and Brakes at Mysore, Rudrapur and Jamshedpur. The Company's Rs 30.3-cr project at Hootagali near Mysore, commenced commercial production in Jul.'84. The company entered the capital market with a public issue. The Company came out of the purview of the Sick Industrial Companies Act, 1985. But, the very next year, its Networth started to erode. So, in 1994-95, it embarked on a restructuring of the capital in consultation with financial institutions. The company came out with a rights issue in Feb.'95 to part-finance an expansion project to increase the manufacturing capacity of axles and brakes. During 1996-97, the expansion of Axles capacity has been completed and of brakes was put on hold in view of down turn in the market. The company managed to achieve an impressive 20% growth in sales during the year 1999-2000. As the company is continuing to pursue its efforts on increasing penetration into other domestic and export market opportunities, Meritor HVS (India) Ltd has tied-up technical licensing arrangement for new products for Ashok Leyland and Volvo India Ltd., and already export business worth US $ 4 Million has been achieved. During 2010-2011, Company had established brake manufacturing facility at Mysore & Rudrapur with Building, Plant and Machinery purchased from Kalyani Global Engineering Pvt Ltd. Thereafter, it established Contract Manufacturing Facility for manufacturing Trailer Axles in Greater Noida, Uttar Pradesh with the plant and inventories purchased from ANG Industries Limited. During the year 2011-12, the Company took up the initiative, along with other group companies, to generate power from Green Energy sources and installed one Wind Turbine Generator with 2.00 MW generation capacity at Tithwa, Gujarat. Total Generation of power from the wind mill during the year was 17.42 Lacs KwH (April to September, 2012) which was in turn sold to Gujarat Urja Vikas Nigam Limited. Company launched two new products in 2012-13 - one in the lower variant of 5T axle and the higher variant of 18T reduction axle. The Company expanded its manufacturing foot print with a new state-of-the-art plant at Jamshedpur for manufacturing Brakes and Trailer axles. The plant had 50,000 Sq.Ft built-up area and had a capacity to make 30,000 brakes and 2,500 Tag & Trailer per month in FY 2013-14. The Company installed a facility to manufacture Hub Reduction Axles at its Mysuru plant during FY 2014-15. During the year 2021-22, Company introduced the largest axle in India for 55 tonnes vehicles.

Automotive Axles Ltd News Hub

News

Board of Automotive Axles recommends final dividend

Automotive Axles announced that the Board of Directors of the Company at its meeting held ...

Read more

28 May 202409:56

News

Automotive Axles slides after Q4 PAT drops 13% to Rs 44 cr; Declares dividend of Rs 32/ share

Profit before tax (PBT) stood at Rs 59.12 crore in Q4 FY24, down 13.09% YoY for the quarte...

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28 May 202412:59

News

Automotive Axles announces board meeting date

Automotive Axles will hold a meeting of the Board of Directors of the Company on 27 May 20...

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17 May 202411:51

News

Automotive Axles announces resignation of senior management personnel

Automotive Axles announced the resignation of Nikhil Prabhu V; DGM - Finance of the Compan...

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19 Apr 202419:21

News

Automotive Axles announces cessation of director

Automotive Axles announced the cessation of Shalini Sarin (DIN: 06604529), Non-Executive I...

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12 Feb 202412:44

News

Automotive Axles appoints director

Automotive Axles has appointed Bijal Tushar Ajinkya (DIN: 01976832) as an Additional Direc...

Read more

10 Feb 202409:51

Product Composition by Percentage (Revenue)

FAQs for PE of Automotive Axles Ltd

What is Automotive Axles Ltd current share price?

The current market price of Automotive Axles Ltd as of June 13, 2024 is ₹1967.70.

What is Automotive Axles Ltd's market cap?

Automotive Axles Ltd's market capitalisation stood at ₹2,882 Cr as of June 13, 2024

What are Automotive Axles Ltd's total net assets?

According to Automotive Axles Ltd's most recent financial filings, the company's net assets total ₹888.7 Cr.

Is Automotive Axles Ltd making a profit or loss?

Automotive Axles Ltd's net Profit as of June 13, 2024 is close to ₹166 Cr.
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