Eicher Motors Limited
EICHERMOT
Rank in Stocks
#1081
Eicher Motors Limited is an automotive firm that produces and markets... Eicher Motors Limited is an automotive firm that produces and markets motorcycles and commercial transportation vehicles both domestically in India and internationally. The company holds ownership of the Royal Enfield motorcycle brand, showcasing models like the Classic, Bullet, Himalayan, Interceptor INT 650, Classic 350, Scram 411 ADV Crossover, Meteor 350, Continental GT 650, and Thunderbird. Furthermore, Eicher Motors is involved in the design, development, manufacture, assembly, and sale of two-wheeled vehicles, along with associated parts, accessories, and apparel. Through its joint venture, Volvo Eicher Commercial Vehicles Limited (VECV), it produces and distributes light, medium, and heavy-duty trucks, as well as buses under the Eicher brand, in addition to Volvo trucks and various engineering components and aggregates. Founded in 1948, the company's headquarters are located in Gurugram, India.
Share Price
$78.72
Market Cap
$21.61B
Change (1 day)
-2.94%
Change (1 year)
-1.28%
Country
IN
Trade Eicher Motors Limited (EICHERMOT)
Category
Consumer Cyclical
P/E ratio for Eicher Motors Limited (EICHERMOT)
P/E ratio as of October 2026 TTM: 34.39
According to Eicher Motors Limited latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.39. At the end of 2024 the company had a P/E ratio of 27.05.
P/E ratio history for Eicher Motors Limited from 2004 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 34.39 | 11.70% |
| 2025 | 30.79 | 13.84% |
| 2024 | 27.05 | -2.26% |
| 2023 | 27.67 | -30.93% |
| 2022 | 40.06 | -24.14% |
| 2021 | 52.81 | 170.01% |
| 2020 | 19.56 | -21.19% |
| 2019 | 24.82 | -36.86% |
| 2018 | 39.31 | -5.81% |
| 2017 | 41.73 | 6.64% |
| 2016 | 39.14 | -41.01% |
| 2014 | 66.35 | 94.50% |
| 2013 | 34.11 | 40.96% |
| 2012 | 24.20 | 13.74% |
| 2011 | 21.28 | 97.33% |
| 2010 | 10.78 | -21.36% |
| 2009 | 13.71 | 39.73% |
| 2008 | 9.81 | -24.96% |
| 2007 | 13.07 | 226.17% |
| 2006 | 4.01 | -72.92% |
| 2005 | 14.80 | -21.05% |
| 2004 | 18.75 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 311.15 | 804.74% |
US
|
|
| 13.31 | -61.30% |
JP
|
|
| - | - |
CN
|
|
| - | - |
IT
|
|
| 41.53 | 20.74% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.