BAJAJ ELECTRICALS
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The Current P/E Ratio of BAJAJ ELECTRICALS is 68.38.
Share Price | ₹940.4 | Apr 18,2024 |
Market Cap | ₹10,832.8 Cr | |
Earnings-TTM | ₹158.4 Cr | TTM-Consolidated Results |
Price/Earnings | 68.38x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BAJAJ ELECTRICALS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹10,832.8 Cr] as on Apr 18,2024
(/) Earnings [ ₹158.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 68.38x ]
Thus, for BAJAJ ELECTRICALS , the investors are currently willing to pay 68.38 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of BAJAJ ELECTRICALS !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of BAJAJ ELECTRICALS over the last five years.
Historical PE (Price/Earnings) ratio chart of BAJAJ ELECTRICALS
PE Ratio Performance Analysis for BAJAJ ELECTRICALS
- BAJAJ ELECTRICALS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 49.31x.
- BAJAJ ELECTRICALS 's operated at median p/e ratio of 56x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BAJAJ ELECTRICALS 's p/e ratio peaked in Mar2022 at 96.09x.
- BAJAJ ELECTRICALS 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does BAJAJ ELECTRICALS 's P/E Ratio benchmark against top 10 peers in Consumer Durables - Domestic Appliances Industry?
Peer Comparison (Consumer Durables - Domestic Appliances Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
BAJAJ ELECTRICALS | 158.42 | 68.38 | 10,832.8 |
CROMPTON GREAVES CONSUMER ELECTRICALS LTD | 439.90 | 43.49 | 19,129.2 |
WHIRLPOOL OF INDIA LTD | 208.56 | 86.07 | 17,949.8 |
TTK PRESTIGE LTD | 225.92 | 42.09 | 9,508.2 |
EUREKA FORBES LTD | 94.85 | 99.02 | 9,392.5 |
SYMPHONY LTD | 116.00 | 57.02 | 6,614.4 |
IFB INDUSTRIES LTD | 50.52 | 119.88 | 6,056.1 |
BOROSIL LTD | 89.53 | 46.67 | 4,178.8 |
PG ELECTROPLAST LTD | 105.59 | 46.64 | 4,924.6 |
ORIENT ELECTRIC LTD | 87.09 | 51.46 | 4,481.8 |
HAWKINS COOKERS LTD | 98.51 | 34.11 | 3,359.8 |
Consumer Durables - Domestic Appliances Industry Benchmark (Top 10) PE Analysis vs BAJAJ ELECTRICALS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 34.11x |
Max industry PE | 119.88x |
Median industry PE | 51.46x |
Average industry PE | 63.17x |
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