BIMETAL BEARINGS
|
The Current P/E Ratio of BIMETAL BEARINGS is 24.86.
| Share Price | ₹583.0 | Apr 25,2025 |
| Market Cap | ₹221.5 Cr | |
| Earnings-TTM | ₹8.9 Cr | TTM-Consolidated Results |
| Price/Earnings | 24.86x | 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 [ ₹221.5 Cr] as on Apr 25,2025
(/) Earnings [ ₹8.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 24.86x ]
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 24.86 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 24.86 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 24.86x.
- BIMETAL BEARINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 31.49x.
- 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 Mar2024 to Mar2020 averaged 31.49x.
- 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 | 8.91 | 24.86 | 221.5 |
| SCHAEFFLER INDIA LTD | 977.67 | 51.16 | 50,018.0 |
| TIMKEN INDIA LTD | 401.99 | 47.40 | 19,052.9 |
| SKF INDIA LTD | 537.83 | 35.64 | 19,170.1 |
| ROLEX RINGS LTD | 142.98 | 25.61 | 3,661.1 |
| NRB BEARINGS LTD | 115.43 | 18.99 | 2,192.4 |
| MENON BEARINGS LTD | 23.95 | 24.46 | 585.8 |
| GALAXY BEARINGS LTD | 15.69 | 14.40 | 225.9 |
| SNL BEARINGS LTD | 10.14 | 13.58 | 137.7 |
Bearings Industry Benchmark (Top 10) PE Analysis vs BIMETAL BEARINGS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 13.58x |
| Max industry PE | 51.16x |
| Median industry PE | 24.86x |
| Average industry PE | 28.45x |
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