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BEML
PE (Price/Earnings) Ratio

The Current P/E Ratio of BEML is 79.85.

Share Price ₹3,506.1Apr 30,2024
Market Cap ₹14,585.2 Cr
Earnings-TTM₹182.7 CrTTM-Consolidated Results
Price/Earnings79.85xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BEML

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 BEML is calculated as :

Current Market Cap [ ₹14,585.2 Cr] as on Apr 30,2024

(/) Earnings [ ₹182.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 79.85x ]

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

Thus, for BEML , the investors are currently willing to pay 79.85 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 BEML !

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 BEML over the last five years.

Historical PE (Price/Earnings) ratio chart of BEML


PE Ratio Performance Analysis for BEML

- BEML 's latest p/e ratio is 79.85x.

- BEML 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 52.82x.

- BEML 's operated at median p/e ratio of 58.76x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BEML 's p/e ratio peaked in Mar2021 at 75.87x.

- BEML 's p/e ratio hit its five-year low in Mar2020 of 29.54x.


How does BEML 's P/E Ratio benchmark against top 10 peers in Construction Vehicles Industry?

Peer Comparison (Construction Vehicles Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BEML 182.6679.8514,585.2
ACTION CONSTRUCTION EQUIPMENT LTD276.9065.3318,091.1
SANGHVI MOVERS LTD174.1932.755,705.4
TIL LTD60.4825.331,532.2
BRADY & MORRIS ENGINEERING COMPANY LTD7.4030.66227.0

Construction Vehicles Industry Benchmark (Top 10) PE Analysis vs BEML 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 25.33x
Max industry PE 79.85x
Median industry PE 32.75x
Average industry PE 46.79x



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