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Eicher Motors (NSE:EICHERMOT) PEG Ratio : 2.81 (As of May. 27, 2024)


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What is Eicher Motors PEG Ratio?

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Eicher Motors's PE Ratio without NRI is 33.45. Eicher Motors's 5-Year EBITDA growth rate is 11.90%. Therefore, Eicher Motors's PEG Ratio for today is 2.81.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Eicher Motors's PEG Ratio or its related term are showing as below:

NSE:EICHERMOT' s PEG Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.32   Max: 348.63
Current: 2.81


During the past 13 years, Eicher Motors's highest PEG Ratio was 348.63. The lowest was 0.64. And the median was 1.32.


NSE:EICHERMOT's PEG Ratio is ranked worse than
74.19% of 554 companies
in the Vehicles & Parts industry
Industry Median: 1.14 vs NSE:EICHERMOT: 2.81

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Eicher Motors PEG Ratio Historical Data

The historical data trend for Eicher Motors's PEG Ratio 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.

* Premium members only.

Eicher Motors PEG Ratio Chart

Eicher Motors Annual Data
Trend Dec14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 351.06 - - 1.89

Eicher Motors Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 17.01 4.66 2.96 1.89

Competitive Comparison of Eicher Motors's PEG Ratio

For the Auto Manufacturers subindustry, Eicher Motors's PEG Ratio, along with its competitors' market caps and PEG 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.


Eicher Motors's PEG Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Eicher Motors's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Eicher Motors's PEG Ratio falls into.



Eicher Motors PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Eicher Motors's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=33.454078135709/11.90
=2.81

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


Eicher Motors  (NSE:EICHERMOT) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Eicher Motors PEG Ratio Related Terms

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Eicher Motors (NSE:EICHERMOT) Business Description

Traded in Other Exchanges
Address
No. 96, Sector 32, Gurugram, HR, IND, 122001
Eicher Motors Ltd is an Indian automobile manufacturer. The company organizes itself into two divisions, based on product type: motorcycles, and commercial vehicles. The motorcycles division, the most significant contributor to Eicher Motors' revenue, produces motorcycles through the Royal Enfield brand. The commercial vehicles divisions, through a joint venture with Volvo, produces trucks and buses for sale in India and other developing markets. The company derives the vast majority of revenue domestically.

Eicher Motors (NSE:EICHERMOT) Headlines

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