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BHARAT GEARS
PE (Price/Earnings) Ratio

The Current P/E Ratio of BHARAT GEARS is -25.94.

Share Price ₹120.5Apr 24,2024
Market Cap ₹185.5 Cr
Earnings-TTM₹-7.2 CrTTM-Standalone Results
Price/Earnings-25.94xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BHARAT GEARS

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 GEARS is calculated as :

Current Market Cap [ ₹185.5 Cr] as on Apr 24,2024

(/) Earnings [ ₹-7.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ -25.94x ]

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

Thus, for BHARAT GEARS , the investors are currently willing to pay -25.94 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 GEARS !

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 GEARS over the last five years.

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


PE Ratio Performance Analysis for BHARAT GEARS

- BHARAT GEARS 's latest p/e ratio is -25.94x.

- BHARAT GEARS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.47x.

- BHARAT GEARS 's operated at median p/e ratio of 3.8x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BHARAT GEARS 's p/e ratio peaked in Mar2023 at 11.73x.

- BHARAT GEARS 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does BHARAT GEARS 's P/E Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BHARAT GEARS -7.15-25.94185.5
BOSCH LTD2,324.7036.6285,136.9
SAMVARDHANA MOTHERSON INTERNATIONAL LTD2,137.9840.1985,925.0
SONA BLW PRECISION FORGINGS LTD489.5179.8739,095.5
UNO MINDA LTD665.4462.2541,420.9
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD407.4664.7426,376.7
ENDURANCE TECHNOLOGIES LTD606.8044.7627,159.9
JBM AUTO LTD157.18137.1621,558.8
TVS HOLDINGS LTD1,761.189.6316,964.9
MINDA CORPORATION LTD279.6035.439,906.3
CRAFTSMAN AUTOMATION LTD346.3628.089,724.9

Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs BHARAT GEARS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -25.94x
Max industry PE 137.16x
Median industry PE 40.19x
Average industry PE 46.62x



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