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MRF Ltd P/E Ratio

MRF Ltd P/E Ratio

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Last Updated time: 14 Jul 15:30 PM

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MRF Ltd

NSE: MRF

PE

27.9

Last updated : 14 Jul 15:30 PM

Key Highlights

    The P/E Ratio of MRF Ltd is 27.9 as of 14 Jul 15:30 PM .a1#The P/E Ratio of MRF Ltd changed from 21.8 on March 2019 to 27.2 on March 2024 . This represents a CAGR of 3.76% over 6 years. a1#The Latest Trading Price of MRF Ltd is ₹ 129678 as of 12 Jul 15:30 .a1#The PE Ratio of Tyres Industry has changed from 19.7 to 31.8 in 5 years. This represents a CAGR of 10.05%a1# The PE Ratio of Automobile industry is 17.2. The PE Ratio of Finance industry is 24.7. The PE Ratio of IT - Software industry is 29.2. The PE Ratio of Retail industry is 143.1. The PE Ratio of Textiles industry is 12.1. The PE Ratio of Tyres industry is 23.8. In 2024a1#The Market Cap of MRF Ltd changed from ₹ 24615 crore on March 2019 to ₹ 56516 crore on March 2024 . This represents a CAGR of 14.86% over 6 years. a1#The Revenue of MRF Ltd changed from ₹ 5730 crore to ₹ 6443 crore over 8 quarters. This represents a CAGR of 6.04% a1#The EBITDA of MRF Ltd changed from ₹ 527.84 crore to ₹ 1005 crore over 8 quarters. This represents a CAGR of 38.04% a1#The Net Pr of MRF Ltd changed from ₹ 123.6 crore to ₹ 396.11 crore over 8 quarters. This represents a CAGR of 79.02% a1#The Dividend Payout of MRF Ltd changed from 2.33 % on March 2019 to 4.15 % on March 2024 . This represents a CAGR of 10.10% over 6 years. a1#

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Historical P/E Ratio of MRF Ltd

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.

Historical P/E Ratio of MRF Ltd

Period
Mar '1921.8
Mar '2017.4
Mar '2127.3
Mar '2241.2
Mar '2346.3
Mar '2427.2

Company Fundamentals for MRF Ltd

Market Cap

54,983 Cr

EPS

4650.0

P/E Ratio (TTM) *

27.9

P/B Ratio (TTM) *

3.3

Day’s High

131093.75

Day’s Low

129354.85

DTE *

0.2

ROE *

12.5

52 Week High

151283.4

52 Week Low

101133.1

ROCE *

15.8

* All values are consolidated

Last Updated time: 14 Jul 15:30 PM

* All values are consolidated

Last Updated time: 14 Jul 15:30 PM

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MRF Ltd

NSE: MRF

PRICE

129678.55

-815.25 (-0.62%)

stock direction

Last updated : 12 Jul 15:30

×

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 MRF Ltd

Strength

2

S

Weakness

3

W

Opportunity

0

O

Threats

0

T

BlinkX Score for MRF Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of MRF Ltd

Market Value

54,984

Asset Value

8,546

5.4 X

Value addition

* All values are in Rupees

Competitive Comparison of P/E Ratio

Company NamePEMarket Cap (INR Cr.)
MRF Ltd2754,983
Balkrishna Industries Ltd4160,351
Apollo Tyres Ltd1832,959
JK Tyre & Industries Ltd1411,768
CEAT Ltd1510,618
TVS Srichakra Ltd303,470

Key Valuation Metric of MRF Ltd

Earnings

2,081 Cr

27.9 X

PE Ratio

Market Cap

₹54983Cr

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.

Earnings

2,081 Cr

27.9 X

PE Ratio

Market Cap

₹54983Cr

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 Tyres Industry over time

PE Ratio of Top Sectors

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Historical Market Cap of MRF Ltd

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

Historical Market Cap of MRF Ltd

Period
Mar '1924616
Mar '2024694
Mar '2134861
Mar '2227549
Mar '2335636
Mar '2456517

* All values are a in crore

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Historical Revenue of MRF Ltd

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.

Historical Revenue of MRF Ltd

Period
Jun '225730
Sep '225903
Dec '225716
Mar '235912
Jun '236515
Sep '236288
Dec '236240
Mar '246443

* All values are a in crore

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Historical EBITDA of MRF Ltd

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.

Historical EBITDA of MRF Ltd

Period
Jun '22528
Sep '22558
Dec '22633
Mar '23923
Jun '231205
Sep '231228
Dec '231132
Mar '241006

* All values are a in crore

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Historical Net Profit of MRF Ltd

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

Historical Net Profit of MRF Ltd

Period
Jun '22124
Sep '22130
Dec '22175
Mar '23341
Jun '23589
Sep '23587
Dec '23510
Mar '24396

* All values are a in crore

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Historical Dividend Payout of MRF Ltd

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.

Historical Dividend Payout of MRF Ltd

Period
Mar '192
Mar '203
Mar '215
Mar '2210
Mar '239
Mar '244

* All values are a in %

About MRF Ltd

About MRF Ltd

    MRF Ltd is India's largest tyre manufacturer and ranked amongst the Top 20 Global Manufacturers. It is also India's largest Original Equipment Manufacturer (OEM) tyre supplier with an expansive tyre range from two-wheelers to fighter aircrafts. The company's manufacturing facilities are located at Trichy, Tiruvottiyur and Arakonam in Tamil Nadu, Kottayam in Kerala, Ponda in Goa, Medak in Andhra Pradesh and Union Territory of Pondicherry. MRF Ltd was established in the year 1946 by K M Mammen Mappillai as a small toy ballon unit. Much later on November 05, 1960, the Company converted into Public Limited after which it started manufacture of automotive tyres and tubes. In the year 1964, the Company commissioned their main plant. Also, they established an overseas office at Beirut, Lebanon to tap the export market. In the year 1967, the Company became the first Indian company to export tyres to USA. In the year 1980, the company entered into a technical collaboration with the B. F. Goodrich Tyre Company, USA that paved the way to a significant exercise in new product development and quality improvement. They introduced Nylogrip tyres for two-wheeler vehicles and also introduced Legend, a premium segment nylon car tyre in the year 1985 and 1987 respectively. In 1989 the company collaborated with Hasbro International USA, the world's largest toy maker and launched Funskool India. Also, they entered into a pact with Vapocure of Australia to manufacture polyurethane paint formulations and with Pirelli for MUSCLEFLEX conveyor and elevator belting. In the year 1996, they set up a factory dedicated entirely for the manufacture of radial tyres at Pondicherry. In the year 1999, the company was selected as the most ethical company in India by 'Business World' magazine. In the year 2004, the company made a tie up with Maruti Udyog to boost motorsports in India. During the year 2004-05, the product range of the company expanded with Go-kart & Rally tyres and tyres for two/three wheelers. The company received the TOP Export Awards from CAPEXIL as well as AIRIA for the period ended 2005. In the year 2007, the company launched premium truck tyre Super Lug 50-FS. In May 2008, the company signed the memorandum of understanding (MoU) with government of Tamil Nadu for the new MRF plant to be located at Perambulur and also for expansion of their existing plants in Tamil Nadu. During the year 2009-10, the company increased the installed capacity of Automobile Tyres from 28,450,000 Nos to 31,700,000 Nos. Also, they increased the installed capacity of Automobile Tubes from 29,700,000 Nos to 31,600,000 Nos. They launched two popular tyres, namely MRF Meteor, a bike tyre for both tarmac and dirt; and the MRF Steel Muscle S3K4 truck radials for better mileage on diverse road conditions. Also, they completed the Ankenpally project at Medak district, Andhra Pradesh. During the year, the company won the All India Rubber Industries Association's (AIRIA) award for 'Highest Export Awards (Auto Tyre Sector)' category and 'Top Export Award' from Chemicals & Allied Products Export Promotion Council (CAPEXIL) for 2009-10. During the year 2010-11, the company launched new products namely MRF Z.L.O, MRF Meteor M and MRF Steel Muscle 53C8. The company hived off the Speciality Coatings division to MRF Corp Ltd, a 100% subsidiary of the company with effect from April 1, 2011. Also, the company won the All India Rubber Industries Association's (AIRIA) award for 'Highest Export Awards (Auto Tyre Sector)' category and 'Top Export Award' from Chemicals & Allied Products Export Promotion Council (CAPEXIL) for 2010-11. In 2011, MRF commissioned its 8th plant for the production of conventional tyres in Trichy, Tamil Nadu. In 2012, MRF commissioned its 9th plant in Trichy, Tamil Nadu solely for the manufacture of Radial Tyres. In 2015, the Company has signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu to invest not less than Rs 4500 crore in Tamil Nadu in its plants at Perambalur and Arakonam in Tamil Nadu over a period of 7 years. The company gets a place in The Forbes India's Super 50 list of Indian Companies. On 22 July 2016, MRF announced that credit rating agency ICRA Limited has upgraded the Credit Rating for the company's Non-Convertible Debenture (NCD) Programme in their yearly surveillance from [ICRA] AA+ (pronounced as ICRA double A plus) to [ICRA] AAA (pronounced as ICRA triple A) for Non-Convertible Debentures of Rs 500 crore issued in 2011. On 11 January 2017, MRF signed a Memorandum of Understanding (MoU) with the Government of Gujarat expressing its in-principle intention to set up a new manufacturing facility in Gujarat for manufacture of automotive tyres, tubes, flaps and related products. The Company proposes to invest a sum of about Rs 4500 crores over a ten year period in a phased manner. The new plant is planned to be set up in Gujarat with the intention of broad basing the Company's manufacturing facilities across India. The project will be funded by internal accruals and/or debt. As on 31 March 2018,the company has 4 subsidiaries under its roof. During the year 2017-18,the company has been awarded the Highest Export Award 2016-17, by All India Rubber Industries Association (AIRIA). The product Perfinza by MRF also received the prestigious 2018 Product of the Year Award from Car India magazine. MRF also received the 2018 Corporate Award in the tyres category from DUN & BRADSTREET. During the FY2019, the Company was awarded top honours in the J.D. Power 2018 Passenger Radial Study for the 13th time - a feat without precedent or parallel. Your Company has also been ranked no.1 in Customer Satisfaction in the Inaugural J.D. Power 2018 India Tractor Tyre Satisfaction Index (TTSI) Study which validates your company's position in the Indian Market as the most preferred Farm Tyre Brand amongst Tractor owners. As on 31 March 2020,the company has two Indian and two overseas subsidiary companies namely,i. MRF Corp Limited,ii. MRF International Limited,iii. MRF Lanka (P) Ltd,iv. MRF SG PTE. LTD. The year 2021 also marked the completion of 75 years of establishment of Madras Rubber Factory (which was originally established in 1946 as a proprietorship concern for manufacture of toy balloons). Madras Rubber Factory later took up manufacture of tread rubber at which time it was converted into a partnership concern. In year 2022, the Company launched MRF Markus of tyres for Luxury SUV's on the Skoda Kodiaq and the Mahindra Alturas. It launched Zapper C1 TL, Zapper V TL, REVZ MG TL, MRK-X Plus N20 TT, MRK- E3 for the two-wheeler tyre. The greenfield site at Aanambakkam near Chengalpattu started trial production of Solvent Based products. During the year 2022-23, the Company introduced new sizes MRF Perfinza, series of tyres for Audi, BMW, Jaguar, Mercedes-Benz and Volvo cars, introduced new sizes for the brand MRF Markus for the premium SUV's of Audi, BMW, Mercedes-Benz, Volvo, Jeep, Hyundai and VW. MRF Citibus was introduced exclusively for the Force Traveller and Toyota Innova for Passenger Car Tyres. In the Two Wheeler Tyres, Block pattern rear tube-type tyre was developed for Royal Enfield Classic 350; Tubeless rear tyre for Yamaha Fascino125 BS6 scooter; Tubeless tyre developed for Electric Scooters. In the Commercial Vehicle Tyre, it launched MRF Super Miler 99 Plus, MRF Super Lug Fifty Plus R brand, MRF Savari Extra.

MRF Ltd News Hub

News

MRF AGM scheduled

MRF announced that the 63th Annual General Meeting (AGM) of the company will be held on 1 ...

Read more

28 Jun 202414:06

News

Board of MRF recommends Final Dividend

MRF announced that the Board of Directors of the Company at its meeting held on 03 May 202...

Read more

03 May 202413:49

News

MRF Q4 PAT rises 16% YoY; declares dividend of Rs 194/share

Revenue from operations grew 8.68% year on year (YoY) to Rs 6,349.36 crore in the quarter ...

Read more

03 May 202414:31

News

MRF Ltd soars 1.45%, gains for fifth straight session

MRF Ltd is up for a fifth straight session today. The stock is quoting at Rs 134950, up 1....

Read more

02 May 202413:00

News

MRF to table results

MRF will hold a meeting of the Board of Directors of the Company on 3 May 2024. Powered by...

Read more

25 Apr 202410:35

News

MRF Ltd soars 0.12%, rises for fifth straight session

MRF Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 135886.5, ...

Read more

02 Apr 202413:00

Product Composition by Percentage (Revenue)

FAQs for PE of MRF Ltd

What is MRF Ltd current share price?

The current market price of MRF Ltd as of July 14, 2024 is ₹129678.55.

Is MRF Ltd a good investment?

As per BlinkX Score MRF Ltd scores 36 in Revenue, 19 in Profitability. However it's advisable to conduct comprehensive research or seek advice from experts to evaluate whether it aligns with your investment objectives.

What are MRF Ltd's total net assets?

According to MRF Ltd's most recent financial filings, the company's net assets total ₹8546.5 Cr.

Is MRF Ltd making a profit or loss?

MRF Ltd's net Profit as of July 14, 2024 is close to ₹2,081 Cr.
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