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Wheels India Ltd PE Ratio

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Wheels India Ltd

NSE: WHEELS

PE

17.2

Last updated on: Jan 15, 2025

Key Highlights

  • The P/E Ratio of Wheels India Ltd is 17.2 as of 15 Jan 15:30 PM .
  • The P/E Ratio of Wheels India Ltd changed from 15.3 on March 2020 to 23.3 on March 2024 . This represents a CAGR of 8.78% over 5 years.
  • The Latest Trading Price of Wheels India Ltd is ₹ 682.6 as of 15 Jan 15:30 .
  • The PE Ratio of Auto Ancillaries Industry has changed from 16.7 to 33.5 in 5 years. This represents a CAGR of 14.94%.
  • The PE Ratio of Auto Ancillaries industry is 33.5. The PE Ratio of Automobile industry is 20.3. The PE Ratio of Finance industry is 17.8. The PE Ratio of IT - Software industry is 30.4. The PE Ratio of Retail industry is 157.6. The PE Ratio of Textiles industry is 36.9 in 2024.

Historical P/E Ratio of Wheels India Ltd

No data available

Company Fundamentals for Wheels India Ltd

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Wheels India Ltd

NSE: WHEELS

Share Price

₹ 682.6

4.20 (0.62%)

stock direction

Last updated on: Jan 15, 2025

Market Price of Wheels India Ltd

1M

1Y

3Y

5Y

Monitoring Wheels India Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
14 Jan 2025678.4
13 Jan 2025654.75
10 Jan 2025686
09 Jan 2025694.3
08 Jan 2025708.05
07 Jan 2025718.15
06 Jan 2025703.5
03 Jan 2025746.85
02 Jan 2025738.15
01 Jan 2025724.25

SWOT Analysis Of Wheels India Ltd

Strength

3

che

Weakness

2

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Wheels India Ltd

Asset Value vs Market Value of Wheels India Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/E Ratio

Company
leftMarket Capright
Wheels India Ltd1657
Samvardhana Motherson International Ltd102554
Bosch Ltd93373
Uno Minda Ltd60287
Sona BLW Precision Forgings Ltd35438

PE Ratio of Wheels India Ltd Explained

``

1657

Market cap

96

Earnings

17.2X

PE 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

Historical Market Cap of Wheels India Ltd

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Wheels India Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Historical Dividend Payout of Wheels India Ltd

No data available

* All values are in %

About Wheels India Ltd

  • Wheels India Ltd, promoted by the TVS Group Company was started in early 60's to manufacture automobile wheels.
  • The Company is among the world's largest manufacturers of steel, aluminum, and wire wheels.
  • Since the establishment of the organization in 1960, it has consistently enhanced their engineering capabilities to build and deliver world-class products.
  • It widened the portfolio through strategic diversification to offer bus and truck chassis, suspension products, hydraulic cylinders, custom-fabricated assemblies, and precision components for wind turbines. The Company manufactures wheels in technical and financial collaboration with Dunlop Holdings, UK, (35.91% equity stake).
  • Now, it grew as a leading manufacturer of steel wheels for passenger cars, utility vehicles, trucks, buses, agricultural tractors and construction equipment in India.

Wheels India Ltd News Hub

Wheels India announces cessation of director

Wheels India announced that Sreenivasan Prasad (DIN:00063667) and Aroon Raman (DIN:00201205) cease t

Read more

2024-09-09 00:00:00

Wheels India schedules board meeting

Wheels India will hold a meeting of the Board of Directors of the Company on 28 October 2024. Powere

Read more

2024-10-21 00:00:00

Wheels India consolidated net profit rises 451.72% in the September 2024 quarter

Net profit of Wheels India rose 451.72% to Rs 24.00 crore in the quarter ended September 2024 as aga

Read more

2024-10-28 00:00:00

Product Composition by Percentage (Revenue)

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Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PE of Wheels India Ltd

What is the current PE Ratio of Wheels India Ltd?

The Current PE Ratio of Wheels India Ltd is 17.22 as on 15 Jan 2025.

What is the average PE Ratio of the Auto Ancillaries industry?

The average industry PE Ratio of Auto Ancillaries is 33.5 as on 15 Jan 2025.

What was the PE Ratio of Wheels India Ltd last year?

The PE Ratio of Wheels India Ltd was 19.65 last year, now the PE ratio is 17.22, showing a year-on-year growth of -12.4%.

What does the PE Ratio of Wheels India Ltd indicate about its stock?

The PE Ratio of Wheels India Ltd is 17.22. This ratio indicates that investors are willing to pay 17.22 times the earnings per share for each share of Wheels India Ltd.

What is the PE Ratio Growth of Wheels India Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Wheels India Ltd grew by -12.4% whereas, the EPS ratio grew by 3.5.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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