BIMETAL BEARINGS
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The Current P/E Ratio of BIMETAL BEARINGS is 27.99.
| Share Price | ₹646.4 | May 10,2024 |
| Market Cap | ₹245.6 Cr | |
| Earnings-TTM | ₹8.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 27.99x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of BIMETAL BEARINGS
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)
Current Market Cap [ ₹245.6 Cr] as on May 10,2024
(/) Earnings [ ₹8.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 27.99x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for BIMETAL BEARINGS , the investors are currently willing to pay 27.99 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 BIMETAL BEARINGS !
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 BIMETAL BEARINGS over the last five years.
Thus, for BIMETAL BEARINGS , the investors are currently willing to pay 27.99 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 BIMETAL BEARINGS !
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 BIMETAL BEARINGS over the last five years.
Historical PE (Price/Earnings) ratio chart of BIMETAL BEARINGS
PE Ratio Performance Analysis for BIMETAL BEARINGS
- BIMETAL BEARINGS 's latest p/e ratio is 27.99x.
- BIMETAL BEARINGS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 30.42x.
- BIMETAL BEARINGS 's operated at median p/e ratio of 26.61x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BIMETAL BEARINGS 's p/e ratio peaked in Mar2020 at 67.02x.
- BIMETAL BEARINGS 's p/e ratio hit its five-year low in Mar2023 of 13.06x.
- BIMETAL BEARINGS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 30.42x.
- BIMETAL BEARINGS 's operated at median p/e ratio of 26.61x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BIMETAL BEARINGS 's p/e ratio peaked in Mar2020 at 67.02x.
- BIMETAL BEARINGS 's p/e ratio hit its five-year low in Mar2023 of 13.06x.
How does BIMETAL BEARINGS 's P/E Ratio benchmark against top 10 peers in Bearings Industry?
| Peer Comparison (Bearings Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| BIMETAL BEARINGS | 8.78 | 27.99 | 245.6 |
| SCHAEFFLER INDIA LTD | 917.33 | 64.60 | 59,260.2 |
| TIMKEN INDIA LTD | 392.14 | 65.26 | 25,591.7 |
| SKF INDIA LTD | 551.74 | 44.77 | 24,701.7 |
| ROLEX RINGS LTD | 178.82 | 29.94 | 5,354.3 |
| NRB BEARINGS LTD | 243.48 | 12.48 | 3,039.5 |
| GALAXY BEARINGS LTD | 18.63 | 23.94 | 446.0 |
| VISHAL BEARINGS LTD | 3.16 | 53.15 | 167.8 |
| SNL BEARINGS LTD | 7.28 | 17.59 | 128.1 |
Bearings Industry Benchmark (Top 10) PE Analysis vs BIMETAL BEARINGS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 12.48x |
| Max industry PE | 65.26x |
| Median industry PE | 29.94x |
| Average industry PE | 37.75x |
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