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BHAGYANAGAR INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of BHAGYANAGAR INDIA is 7.50.

Share Price ₹115.1Apr 15,2024
Market Cap ₹368.2 Cr
Earnings-TTM₹49.1 CrTTM-Consolidated Results
Price/Earnings7.50xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BHAGYANAGAR INDIA

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 BHAGYANAGAR INDIA is calculated as :

Current Market Cap [ ₹368.2 Cr] as on Apr 15,2024

(/) Earnings [ ₹49.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 7.50x ]

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

Thus, for BHAGYANAGAR INDIA , the investors are currently willing to pay 7.50 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 BHAGYANAGAR INDIA !

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 BHAGYANAGAR INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of BHAGYANAGAR INDIA


PE Ratio Performance Analysis for BHAGYANAGAR INDIA

- BHAGYANAGAR INDIA 's latest p/e ratio is 7.50x.

- BHAGYANAGAR INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 25.71x.

- BHAGYANAGAR INDIA 's operated at median p/e ratio of 16.12x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BHAGYANAGAR INDIA 's p/e ratio peaked in Mar2020 at 44.87x.

- BHAGYANAGAR INDIA 's p/e ratio hit its five-year low in Mar2022 of 12.88x.


How does BHAGYANAGAR INDIA 's P/E Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?

Peer Comparison (Metal - Non Ferrous Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BHAGYANAGAR INDIA 49.087.50368.2
HINDUSTAN ZINC LTD8,304.0020.72172,076.0
HINDALCO INDUSTRIES LTD9,387.0014.67137,676.0
VEDANTA LTD8,393.0016.41137,741.0
HINDUSTAN COPPER LTD303.15112.8934,223.0
GRAVITA INDIA LTD236.8528.696,795.4
SHIVALIK BIMETAL CONTROLS LTD78.1341.393,233.9
BHARAT WIRE ROPES LTD90.5122.382,026.0
RAM RATNA WIRES LTD50.8325.501,295.8
NILE LTD33.6312.10406.9
RAJNANDINI METAL LTD18.3117.82326.3

Metal - Non Ferrous Industry Benchmark (Top 10) PE Analysis vs BHAGYANAGAR INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 7.50x
Max industry PE 112.89x
Median industry PE 20.72x
Average industry PE 29.10x



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