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BHARAT DYNAMICS
PE (Price/Earnings) Ratio

The Current P/E Ratio of BHARAT DYNAMICS is 79.24.

Share Price ₹2,060.9Apr 25,2024
Market Cap ₹37,775.4 Cr
Earnings-TTM₹476.7 CrTTM-Standalone Results
Price/Earnings79.24xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BHARAT DYNAMICS

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 BHARAT DYNAMICS is calculated as :

Current Market Cap [ ₹37,775.4 Cr] as on Apr 25,2024

(/) Earnings [ ₹476.7 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 79.24x ]

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

Thus, for BHARAT DYNAMICS , the investors are currently willing to pay 79.24 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 BHARAT DYNAMICS !

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 BHARAT DYNAMICS over the last five years.

Historical PE (Price/Earnings) ratio chart of BHARAT DYNAMICS


PE Ratio Performance Analysis for BHARAT DYNAMICS

- BHARAT DYNAMICS 's latest p/e ratio is 79.24x.

- BHARAT DYNAMICS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 22.76x.

- BHARAT DYNAMICS 's operated at median p/e ratio of 20.04x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BHARAT DYNAMICS 's p/e ratio peaked in Mar2023 at 51.46x.

- BHARAT DYNAMICS 's p/e ratio hit its five-year low in Mar2020 of 6.35x.


How does BHARAT DYNAMICS 's P/E Ratio benchmark against top 10 peers in Defence Industry?

Peer Comparison (Defence Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BHARAT DYNAMICS 476.7079.2437,775.4
HINDUSTAN AERONAUTICS LTD5,918.4645.20267,520.0
DATA PATTERNS (INDIA) LTD165.95103.9817,255.9
ASTRA MICROWAVE PRODUCTS LTD73.3292.476,780.0
PARAS DEFENCE AND SPACE TECHNOLOGIES LTD32.3791.312,955.6
ROSSELL INDIA LTD13.20111.291,469.0

Defence Industry Benchmark (Top 10) PE Analysis vs BHARAT DYNAMICS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 45.20x
Max industry PE 111.29x
Median industry PE 92.47x
Average industry PE 87.25x



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