Metrics to compare | PANT | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipPANTPeersSector | |
|---|---|---|---|---|
P/E Ratio | 6.2x | 9.5x | 9.7x | |
PEG Ratio | 0.03 | 0.06 | 0.02 | |
Price/Book | 0.9x | 0.9x | 1.4x | |
Price / LTM Sales | 0.2x | 0.6x | 0.9x | |
Upside (Analyst Target) | - | 22.9% | 33.6% | |
Fair Value Upside | Unlock | 21.5% | 12.9% | Unlock |
Panther Tyres Limited manufactures and sells tyres and tubes in Pakistan, Europe, Asia, Africa, and South America. The company offers tyres and tubes to local assemblers of two-wheelers, three-wheelers, LCVs, and tractors; exports motorcycle, tractor, rickshaw, LCV, truck, and bus bias tyres and tubes; light commercial vehicles; and tyres and tubes to government, quasi-government, and large corporate fleet operators. It is also involved in trading of lubricants and spare parts. The company sells its products to original equipment manufacturers and replacement markets through distributors. It also exports its products to Afghanistan, Brazil, Djibouti, Egypt, Iraq, Jordan, Nigeria, Oman, Poland, Romania, Saudi Arabia, Somalia, Syria, Tajikistan, Tunisia, Turkey, and the United Arab Emirates. The company was formerly known as Mian Tyre and Rubber Company Limited and changed its name to Panther Tyres Limited in October 2011. The company was incorporated in 1983 and is headquartered in Lahore, Pakistan.