GALAXY BEARINGS
|
The Current P/E Ratio of GALAXY BEARINGS is 24.80.
Share Price | ₹1,444.3 | Apr 26,2024 |
Market Cap | ₹462.2 Cr | |
Earnings-TTM | ₹18.6 Cr | TTM-Standalone Results |
Price/Earnings | 24.80x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of GALAXY BEARINGS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹462.2 Cr] as on Apr 26,2024
(/) Earnings [ ₹18.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 24.80x ]
Thus, for GALAXY BEARINGS , the investors are currently willing to pay 24.80 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 GALAXY 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 GALAXY BEARINGS over the last five years.
Historical PE (Price/Earnings) ratio chart of GALAXY BEARINGS
PE Ratio Performance Analysis for GALAXY BEARINGS
- GALAXY BEARINGS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 9.70x.
- GALAXY BEARINGS 's operated at median p/e ratio of 7.97x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GALAXY BEARINGS 's p/e ratio peaked in Mar2023 at 18.05x.
- GALAXY BEARINGS 's p/e ratio hit its five-year low in Mar2019 of 6.21x.
How does GALAXY BEARINGS 's P/E Ratio benchmark against top 10 peers in Bearings Industry?
Peer Comparison (Bearings Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
GALAXY BEARINGS | 18.63 | 24.80 | 462.2 |
SCHAEFFLER INDIA LTD | 917.33 | 56.82 | 52,125.7 |
TIMKEN INDIA LTD | 355.23 | 67.71 | 24,051.2 |
SKF INDIA LTD | 499.79 | 45.54 | 22,761.2 |
ROLEX RINGS LTD | 178.82 | 28.49 | 5,094.0 |
NRB BEARINGS LTD | 243.48 | 12.50 | 3,044.3 |
BIMETAL BEARINGS LTD | 8.78 | 27.83 | 244.3 |
VISHAL BEARINGS LTD | 3.16 | 53.30 | 168.2 |
SNL BEARINGS LTD | 7.28 | 19.58 | 142.5 |
Bearings Industry Benchmark (Top 10) PE Analysis vs GALAXY BEARINGS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 12.50x |
Max industry PE | 67.71x |
Median industry PE | 28.49x |
Average industry PE | 37.40x |
You may also like the below Video Courses