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BEDMUTHA INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of BEDMUTHA INDUSTRIES is 36.77.

Share Price ₹200.1Apr 16,2024
Market Cap ₹646.2 Cr
Earnings-TTM₹17.6 CrTTM-Consolidated Results
Price/Earnings36.77xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BEDMUTHA INDUSTRIES

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of BEDMUTHA INDUSTRIES is calculated as :

Current Market Cap [ ₹646.2 Cr] as on Apr 16,2024

(/) Earnings [ ₹17.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 36.77x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for BEDMUTHA INDUSTRIES , the investors are currently willing to pay 36.77 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 BEDMUTHA INDUSTRIES !

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 BEDMUTHA INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of BEDMUTHA INDUSTRIES


PE Ratio Performance Analysis for BEDMUTHA INDUSTRIES

- BEDMUTHA INDUSTRIES 's latest p/e ratio is 36.77x.

- BEDMUTHA INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.89x.

- BEDMUTHA INDUSTRIES 's operated at median p/e ratio of 0.33x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BEDMUTHA INDUSTRIES 's p/e ratio peaked in Mar2022 at 24.1x.

- BEDMUTHA INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does BEDMUTHA INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Steel & Iron Products Industry?

Peer Comparison (Steel & Iron Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BEDMUTHA INDUSTRIES 17.5736.77646.2
JSW STEEL LTD11,474.0018.02206,739.0
TATA STEEL LTD-3,899.20-51.24199,798.0
JINDAL STAINLESS LTD2,816.4119.7055,474.8
STEEL AUTHORITY OF INDIA LTD2,533.0124.3561,668.7
APL APOLLO TUBES LTD763.8256.1242,863.7
MOTHERSON SUMI WIRING INDIA LTD585.3453.4731,297.0
RATNAMANI METALS & TUBES LTD624.5633.2320,755.3
SHYAM METALICS AND ENERGY LTD1,101.7315.1216,657.2
WELSPUN CORP LTD894.1616.0414,344.6
JINDAL SAW LTD1,406.6010.9215,362.6

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs BEDMUTHA INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -51.24x
Max industry PE 56.12x
Median industry PE 19.70x
Average industry PE 21.14x



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