SKF INDIA
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The Current P/E Ratio of SKF INDIA is 36.03.
Share Price | ₹3,922.8 | May 02,2025 |
Market Cap | ₹19,378.4 Cr | |
Earnings-TTM | ₹537.8 Cr | TTM-Consolidated Results |
Price/Earnings | 36.03x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SKF INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹19,378.4 Cr] as on May 02,2025
(/) Earnings [ ₹537.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 36.03x ]
Thus, for SKF INDIA , the investors are currently willing to pay 36.03 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 SKF 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 SKF INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of SKF INDIA
PE Ratio Performance Analysis for SKF INDIA
- SKF INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2021 averaged 39.76x.
- SKF INDIA 's operated at median p/e ratio of 40.09x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, SKF INDIA 's p/e ratio peaked in Mar2022 at 44.29x.
- SKF INDIA 's p/e ratio hit its five-year low in Mar2024 of 37.3x.
How does SKF INDIA 's P/E Ratio benchmark against top 10 peers in Bearings Industry?
Peer Comparison (Bearings Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
SKF INDIA | 537.83 | 36.03 | 19,378.4 |
SCHAEFFLER INDIA LTD | 1,015.41 | 54.59 | 55,432.3 |
TIMKEN INDIA LTD | 401.99 | 51.07 | 20,531.3 |
ROLEX RINGS LTD | 142.98 | 24.23 | 3,464.2 |
NRB BEARINGS LTD | 115.43 | 18.14 | 2,093.5 |
MENON BEARINGS LTD | 23.95 | 24.04 | 575.8 |
GALAXY BEARINGS LTD | 15.69 | 13.92 | 218.4 |
BIMETAL BEARINGS LTD | 8.91 | 25.04 | 223.2 |
SNL BEARINGS LTD | 10.87 | 12.76 | 138.7 |
Bearings Industry Benchmark (Top 10) PE Analysis vs SKF INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 12.76x |
Max industry PE | 54.59x |
Median industry PE | 24.23x |
Average industry PE | 28.87x |
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