MENON BEARINGS
|
The Current P/E Ratio of MENON BEARINGS is 25.99.
Share Price | ₹129.3 | Apr 29,2024 |
Market Cap | ₹723.8 Cr | |
Earnings-TTM | ₹27.9 Cr | TTM-Consolidated Results |
Price/Earnings | 25.99x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MENON BEARINGS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹723.8 Cr] as on Apr 29,2024
(/) Earnings [ ₹27.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 25.99x ]
Thus, for MENON BEARINGS , the investors are currently willing to pay 25.99 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 MENON 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 MENON BEARINGS over the last five years.
Historical PE (Price/Earnings) ratio chart of MENON BEARINGS
PE Ratio Performance Analysis for MENON BEARINGS
- MENON BEARINGS 's p/e ratio for fiscal years ending Mar2023 to Mar2005 averaged 4.70x.
- MENON BEARINGS 's operated at median p/e ratio of 2.48x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MENON BEARINGS 's p/e ratio peaked in Mar2023 at 16.59x.
- MENON BEARINGS 's p/e ratio hit its five-year low in Mar2005 of 0.78x.
How does MENON BEARINGS 's P/E Ratio benchmark against top 10 peers in Bearings Industry?
Peer Comparison (Bearings Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
MENON BEARINGS | 27.85 | 25.99 | 723.8 |
SCHAEFFLER INDIA LTD | 917.33 | 59.29 | 54,388.2 |
TIMKEN INDIA LTD | 355.23 | 67.83 | 24,096.3 |
SKF INDIA LTD | 499.79 | 44.95 | 22,465.3 |
ROLEX RINGS LTD | 178.82 | 28.06 | 5,016.9 |
NRB BEARINGS LTD | 243.48 | 12.43 | 3,025.4 |
GALAXY BEARINGS LTD | 18.63 | 24.87 | 463.5 |
BIMETAL BEARINGS LTD | 8.78 | 27.84 | 244.3 |
VISHAL BEARINGS LTD | 3.16 | 52.52 | 165.8 |
SNL BEARINGS LTD | 7.28 | 19.27 | 140.3 |
Bearings Industry Benchmark (Top 10) PE Analysis vs MENON BEARINGS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 12.43x |
Max industry PE | 67.83x |
Median industry PE | 28.06x |
Average industry PE | 36.30x |
You may also like the below Video Courses