Eicher Motors Forward P/E
What is the Forward P/E of Eicher Motors?
The Forward P/E of Eicher Motors Limited is 31.35
What is the definition of Forward P/E?
Forward price to earnings ratio is the ratio of a company’s stock price to the company’s estimated earnings per share for the next twelve months.
The forward price to earnings ratio is similar to trailing price to earnings ratio but instead of net income uses estimated net earnings over next 12 months. Estimates are typically derived as the mean of those published by a select group of analysts with selection criteria varying. The forward price-to-earnings ratio is a powerful, but limited tool. It allows a quick snapshot of the company’s finances without getting down in the details of an accounting report.
Forward P/E of companies in the Consumer Discretionary sector on BSE compared to Eicher Motors
What does Eicher Motors do?
Eicher Motors Limited manufactures and sells motorcycles and commercial vehicles in India and internationally. The company owns the Royal Enfield motorcycle brand that offers Classic, Bullet, Himalayan, Interceptor INT 650, Continental GT 650, and Thunderbird models. It designs, develops, manufactures, assembles, and sells two-wheelers, as well as sells related parts and accessories. The company, through its joint venture, Volvo Eicher Commercial Vehicles Limited, manufactures and sells light and medium duty trucks, heavy duty trucks, and buses under the Eicher brand; Volvo trucks; and engineering components and aggregates. Eicher Motors Limited was founded in 1948 and is based in Gurugram, India.
Companies with forward p/e similar to Eicher Motors
- Neurocrine Biosciences has Forward P/E of 31.24
- MM Forgings has Forward P/E of 31.25
- MM Forgings has Forward P/E of 31.25
- OrganiGram has Forward P/E of 31.25
- Godrej Properties has Forward P/E of 31.26
- Linde Plc has Forward P/E of 31.29
- Eicher Motors has Forward P/E of 31.35
- Healthequity Inc has Forward P/E of 31.39
- Mid-America Apartment Communities has Forward P/E of 31.40
- Martin Marietta Materials has Forward P/E of 31.40
- Booz Allen Hamilton Corp has Forward P/E of 31.44
- Calisen Plc Ord Gbp0.01 (Wi) has Forward P/E of 31.45
- Great Portland Estates Plc has Forward P/E of 31.45