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BRADY & MORRIS ENGINEERING COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of BRADY & MORRIS ENGINEERING COMPANY is 29.34.

Share Price ₹987.3Apr 29,2024
Market Cap ₹217.2 Cr
Earnings-TTM₹7.4 CrTTM-Standalone Results
Price/Earnings29.34xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BRADY & MORRIS ENGINEERING COMPANY

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 BRADY & MORRIS ENGINEERING COMPANY is calculated as :

Current Market Cap [ ₹217.2 Cr] as on Apr 29,2024

(/) Earnings [ ₹7.4 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 29.34x ]

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

Thus, for BRADY & MORRIS ENGINEERING COMPANY , the investors are currently willing to pay 29.34 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 BRADY & MORRIS ENGINEERING COMPANY !

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 BRADY & MORRIS ENGINEERING COMPANY over the last five years.

Historical PE (Price/Earnings) ratio chart of BRADY & MORRIS ENGINEERING COMPANY


PE Ratio Performance Analysis for BRADY & MORRIS ENGINEERING COMPANY

- BRADY & MORRIS ENGINEERING COMPANY 's latest p/e ratio is 29.34x.

- BRADY & MORRIS ENGINEERING COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.33x.

- BRADY & MORRIS ENGINEERING COMPANY 's operated at median p/e ratio of 7.74x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BRADY & MORRIS ENGINEERING COMPANY 's p/e ratio peaked in Mar2023 at 8.84x.

- BRADY & MORRIS ENGINEERING COMPANY 's p/e ratio hit its five-year low in Mar2019 of 5.25x.


How does BRADY & MORRIS ENGINEERING COMPANY 's P/E Ratio benchmark against top 10 peers in Construction Vehicles Industry?

Peer Comparison (Construction Vehicles Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BRADY & MORRIS ENGINEERING COMPANY 7.4029.34217.2
ACTION CONSTRUCTION EQUIPMENT LTD276.9066.0618,292.4
BEML LTD182.6678.9814,426.9
SANGHVI MOVERS LTD174.1933.005,749.1
TIL LTD60.4825.851,563.2

Construction Vehicles Industry Benchmark (Top 10) PE Analysis vs BRADY & MORRIS ENGINEERING COMPANY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 25.85x
Max industry PE 78.98x
Median industry PE 33.00x
Average industry PE 46.65x



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