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Sharda Motor Industries (BOM:535602) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Sharda Motor Industries Forward PE Ratio Related Terms
Sharda Motor Industries Forward PE Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Sharda Motor Industries Forward PE Ratio Chart
Sharda Motor Industries Annual Data
Trend
2025-03
Forward PE Ratio
11.86
Sharda Motor Industries Quarterly Data
2024-12
2025-03
2025-06
2025-09
Forward PE Ratio
14.79
11.86
14.39
7.88
BOM:535602 vs ORLY, AZO, GPC: Forward PE Ratio Comparison
For the Auto Parts subindustry, Sharda Motor Industries's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sharda Motor Industries Forward PE Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Sharda Motor Industries's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Sharda Motor Industries's Forward PE Ratio falls into.
Sharda Motor Industries Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Sharda Motor Industries (BOM:535602) has a Forward PE Ratio of 7.00 as of Sep. 06, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Sharda Motor Industries and its competitors. According to the industry distribution chart, Sharda Motor Industries ranks #106 out of 602 companies in the Vehicles & Parts industry, placing it in the top 17.6%.
Is Sharda Motor Industries' Forward PE Ratio too high?
Sharda Motor Industries' current Forward PE Ratio is 7.00. The Vehicles & Parts industry median Forward PE Ratio is 11.88. Sharda Motor Industries' value of 7.00 is 41.1% below this industry median. Based on the distribution chart, Sharda Motor Industries ranks #106 out of 602 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Sharda Motor Industries has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sharda Motor Industries' Forward PE Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Sharda Motor Industries ranks #106 out of 602 companies for Forward PE Ratio. This places Sharda Motor Industries in the top 18% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 11.88. Sharda Motor Industries' value of 7.00 is 41.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Vehicles & Parts company?
The median Forward PE Ratio among Vehicles & Parts companies is 11.88, based on 602 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sharda Motor Industries's current Forward PE Ratio of 7.00 is 41.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Sharda Motor Industries and its competitors. For the Vehicles & Parts industry, the median Forward PE Ratio is 11.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sharda Motor Industries's current Forward PE Ratio is 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sharda Motor Industries stock overvalued right now?
Based on GuruFocus' analysis, Sharda Motor Industries (BOM:535602) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,091.81, compared to a current price of ₹882.10 — trading 19.2% below its estimated fair value. The current Forward PE Ratio is 7.00 and 41.1% below the Vehicles & Parts industry median of 11.88. Sharda Motor Industries' overall GF Score™ is 87/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Sharda Motor Industries (BOM:535602), the current Forward PE Ratio is 7.00 as of Sep. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Sharda Motor Industries (BOM:535602) Overvalued in 2026?
Based on GuruFocus' analysis, Sharda Motor Industries stock appears to be undervalued.
The current stock price of ₹882.10 is trading 19.2% below its estimated GF Value™ of ₹1,091.81.
GuruFocus considers Sharda Motor Industries to be Modestly Undervalued.
Key valuation signals for BOM:535602:
Forward PE Ratio: 7.00
GF Value™: ₹1,091.81 vs. price of ₹882.10 (19.2% below fair value)
Industry Position: 41.1% below the Vehicles & Parts median (#106 of 602)
No single metric tells the full story. See the BOM:535602 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sharda Motor Industries Ltd is engaged in the manufacturing and assembly of auto components and white goods components. Its product portfolio includes exhaust systems, catalytic converters, suspension systems, sheet metal components, and plastic parts for the automotive and white goods industries. It operates in a single segment which is manufacturing and trading of auto component parts. Geographically, the company caters to both Indian and international markets and derives a majority of its revenue from its business in India.
87GF Score
Get the complete analysis for BOM:535602
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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