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"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
Greaves Cotton does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.
The historical rank and industry rank for Greaves Cotton's Owner Earnings per Share (TTM) or its related term are showing as below:
NSE:GREAVESCOT'
s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 11.18 Med: 29.97 Max: 296.88
Current: 214.8
NSE:GREAVESCOT's Price-to-Owner-Earnings is ranked worse than 91.48% of 1373
companies
in the Industrial Products industry
Industry Median: 27.8
vs NSE:GREAVESCOT: 214.80
Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.
Note: GuruFocus' Change In Working Capital is provided by FactSet. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.
Greaves Cotton Owner Earnings per Share (TTM) Related Terms
Greaves Cotton Owner Earnings per Share (TTM) Historical Data
* Premium members only.
The historical data trend for Greaves Cotton's Owner Earnings per Share (TTM) can be seen below:
* 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.
Greaves Cotton Owner Earnings per Share (TTM) Chart
NSE:GREAVESCOT vs GEV, ETN, PH: Owner Earnings per Share (TTM) Comparison
For the Specialty Industrial Machinery subindustry, Greaves Cotton's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.
Greaves Cotton Price-to-Owner-Earnings vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Greaves Cotton's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Greaves Cotton's Price-to-Owner-Earnings falls into.
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
What does a Owner Earnings per Share (TTM) of 0.90 mean?
Greaves Cotton (NSE:GREAVESCOT) has a Owner Earnings per Share (TTM) of 0.90 as of Mar. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Greaves Cotton. According to the industry distribution chart, Greaves Cotton ranks #1256 out of 1373 companies in the Industrial Products industry, placing it in the top 91.5%.
Is Greaves Cotton's Owner Earnings per Share (TTM) too high?
Greaves Cotton's current Owner Earnings per Share (TTM) is 0.90. The Industrial Products industry median Owner Earnings per Share (TTM) is 27.80. Greaves Cotton's value of 0.90 is 96.8% below this industry median. Based on the distribution chart, Greaves Cotton ranks #1256 out of 1373 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Greaves Cotton has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Greaves Cotton's Owner Earnings per Share (TTM) compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Greaves Cotton ranks #1256 out of 1373 companies for Owner Earnings per Share (TTM). This places Greaves Cotton in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 27.80. Greaves Cotton's value of 0.90 is 96.8% 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 Owner Earnings per Share (TTM) for an Industrial Products company?
The median Owner Earnings per Share (TTM) among Industrial Products companies is 27.80, based on 1,373 companies in the industry. Companies in the top quartile (top 25%) have a Owner Earnings per Share (TTM) significantly above this median, while those in the bottom quartile fall well below. However, Owner Earnings per Share (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Greaves Cotton's current Owner Earnings per Share (TTM) of 0.90 is 96.8% 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 Owner Earnings per Share (TTM) mean?
A high Owner Earnings per Share (TTM) can signal that a stock is expensive relative to its fundamentals. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Greaves Cotton. For the Industrial Products industry, the median Owner Earnings per Share (TTM) is 27.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greaves Cotton's current Owner Earnings per Share (TTM) is 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greaves Cotton stock overvalued right now?
Based on GuruFocus' analysis, Greaves Cotton (NSE:GREAVESCOT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹229.12, compared to a current price of ₹198.58 — trading 13.3% below its estimated fair value. The current Owner Earnings per Share (TTM) is 0.90 and 96.8% below the Industrial Products industry median of 27.80. Greaves Cotton's overall GF Score™ is 78/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Owner Earnings per Share (TTM) calculated?
Owner Earnings per Share (TTM) is calculated from a company's financial statements. For Greaves Cotton (NSE:GREAVESCOT), the current Owner Earnings per Share (TTM) is 0.90 as of Mar. 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 Greaves Cotton (NSE:GREAVESCOT) Overvalued in 2026?
Based on GuruFocus' analysis, Greaves Cotton stock appears to be undervalued.
The current stock price of ₹198.58 is trading 13.3% below its estimated GF Value™ of ₹229.12.
GuruFocus considers Greaves Cotton to be Modestly Undervalued.
Key valuation signals for NSE:GREAVESCOT:
Owner Earnings per Share (TTM): 0.90
GF Value™: ₹229.12 vs. price of ₹198.58 (13.3% below fair value)
Industry Position: 96.8% below the Industrial Products median (#1256 of 1373)
No single metric tells the full story. See the NSE:GREAVESCOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Greaves Cotton Ltd is a diversified engineering company. It is a manufacturer and marketer of diesel engines, petrol engines, generator sets, pump sets, and construction equipment. Its product is used in automotive, marine, farm, construction, and industrial applications. The company's reportable operating segments include Engines, Electric mobility and other vehicles, Cables & Control Levers, and Others. The majority of its revenue is generated from the Engines segment, which includes the application of engines in farm equipment, gensets, and spares produced by Greaves. Geographically, the company generates maximum revenue from its domestic markets, and also has an overseas presence.
78GF Score
Get the complete analysis for NSE:GREAVESCOT
Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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