SHRI BAJRANG ALLIANCE
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The Current P/E Ratio of SHRI BAJRANG ALLIANCE is 94.78.
Share Price | ₹286.5 | Apr 16,2024 |
Market Cap | ₹257.8 Cr | |
Earnings-TTM | ₹2.7 Cr | TTM-Consolidated Results |
Price/Earnings | 94.78x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SHRI BAJRANG ALLIANCE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹257.8 Cr] as on Apr 16,2024
(/) Earnings [ ₹2.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 94.78x ]
Thus, for SHRI BAJRANG ALLIANCE , the investors are currently willing to pay 94.78 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 SHRI BAJRANG ALLIANCE !
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 SHRI BAJRANG ALLIANCE over the last five years.
Historical PE (Price/Earnings) ratio chart of SHRI BAJRANG ALLIANCE
PE Ratio Performance Analysis for SHRI BAJRANG ALLIANCE
- SHRI BAJRANG ALLIANCE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.67x.
- SHRI BAJRANG ALLIANCE 's operated at median p/e ratio of 3.16x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHRI BAJRANG ALLIANCE 's p/e ratio peaked in Mar2021 at 4.19x.
- SHRI BAJRANG ALLIANCE 's p/e ratio hit its five-year low in Mar2019 of 0.73x.
How does SHRI BAJRANG ALLIANCE 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
SHRI BAJRANG ALLIANCE | 2.72 | 94.78 | 257.8 |
BHARAT ELECTRONICS LTD | 3,523.83 | 48.42 | 170,610.0 |
BHARAT HEAVY ELECTRICALS LTD | -183.06 | -489.52 | 89,610.9 |
THERMAX LTD | 612.47 | 90.77 | 55,592.4 |
TRIVENI TURBINE LTD | 249.26 | 67.99 | 16,946.0 |
KIRLOSKAR OIL ENGINES LTD | 370.41 | 35.10 | 13,000.4 |
ELECON ENGINEERING COMPANY LTD | 314.32 | 36.28 | 11,404.6 |
PRAJ INDUSTRIES LTD | 279.57 | 33.46 | 9,354.3 |
SHRIRAM PISTONS & RINGS LTD | 413.60 | 21.84 | 9,031.3 |
KIRLOSKAR BROTHERS LTD | 287.60 | 33.39 | 9,602.9 |
TEGA INDUSTRIES LTD | 177.45 | 53.50 | 9,494.0 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs SHRI BAJRANG ALLIANCE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -489.52x |
Max industry PE | 94.78x |
Median industry PE | 36.28x |
Average industry PE | 2.36x |
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