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SCHAEFFLER INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of SCHAEFFLER INDIA is 56.29.

Share Price ₹3,273.7Apr 19,2024
Market Cap ₹51,167.1 Cr
Earnings-TTM₹909.0 CrTTM-Standalone Results
Price/Earnings56.29xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SCHAEFFLER INDIA

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 SCHAEFFLER INDIA is calculated as :

Current Market Cap [ ₹51,167.1 Cr] as on Apr 19,2024

(/) Earnings [ ₹909.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 56.29x ]

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

Thus, for SCHAEFFLER INDIA , the investors are currently willing to pay 56.29 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 SCHAEFFLER INDIA !

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 SCHAEFFLER INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of SCHAEFFLER INDIA


PE Ratio Performance Analysis for SCHAEFFLER INDIA

- SCHAEFFLER INDIA 's latest p/e ratio is 56.29x.

- SCHAEFFLER INDIA 's p/e ratio for fiscal years ending Dec2023 to Dec2019 averaged 26.07x.

- SCHAEFFLER INDIA 's operated at median p/e ratio of 9.75x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SCHAEFFLER INDIA 's p/e ratio peaked in Dec2023 at 55.06x.

- SCHAEFFLER INDIA 's p/e ratio hit its five-year low in Dec2019 of 7.99x.


How does SCHAEFFLER INDIA 's P/E Ratio benchmark against top 10 peers in Bearings Industry?

Peer Comparison (Bearings Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SCHAEFFLER INDIA 909.0356.2951,167.1
TIMKEN INDIA LTD355.2364.4622,899.2
SKF INDIA LTD499.7945.4222,701.7
ROLEX RINGS LTD178.8228.545,103.4
NRB BEARINGS LTD243.4812.853,128.2
GALAXY BEARINGS LTD18.6324.31452.9
BIMETAL BEARINGS LTD8.7827.93245.1
VISHAL BEARINGS LTD3.1651.87163.7
SNL BEARINGS LTD7.2819.66143.1

Bearings Industry Benchmark (Top 10) PE Analysis vs SCHAEFFLER INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 12.85x
Max industry PE 64.46x
Median industry PE 28.54x
Average industry PE 36.81x



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