Motor-TP recovery at a two-year low
Range from reference closes; street targets from the PDFs on file (Research & documents). Internal target is never shown to prospects.
30.5x TTM PE and 4.3x book (screener, 8-Sep-2026) after a 13-15% post-result fall to a two-year low; screener shows a 10-year average ROE of 18% and 5-year profit CAGR of 12%. Formal 5y average PE not sourced but the stock traded near 36x FY27E (Nuvama) before the derating. EV/EBITDA n.m.; dividend yield 0.9%.
| Ratio | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to Book | n.m. | 7.9x | 8.8x | 8.0x | 8.8x | 7.2x | 5.1x | 6.9x | 6.2x | 5.1x |
Tijori FY-end multiples on reported earnings/book; compatible definitions across years, but not the same basis as Buoyant's forward P/E on internal EPS.