SKF INDIA
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The Current P/E Ratio of SKF INDIA is 39.94.
Share Price | ₹4,574.2 | May 16,2025 |
Market Cap | ₹22,596.3 Cr | |
Earnings-TTM | ₹565.7 Cr | TTM-Consolidated Results |
Price/Earnings | 39.94x | 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 [ ₹22,596.3 Cr] as on May 16,2025
(/) Earnings [ ₹565.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 39.94x ]
Thus, for SKF INDIA , the investors are currently willing to pay 39.94 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 | 565.73 | 39.94 | 22,596.3 |
SCHAEFFLER INDIA LTD | 1,015.41 | 62.72 | 63,689.8 |
TIMKEN INDIA LTD | 401.99 | 57.94 | 23,291.9 |
ROLEX RINGS LTD | 142.98 | 29.18 | 4,171.5 |
NRB BEARINGS LTD | 82.32 | 30.54 | 2,513.7 |
MENON BEARINGS LTD | 24.94 | 26.42 | 658.8 |
GALAXY BEARINGS LTD | 15.69 | 20.94 | 328.6 |
BIMETAL BEARINGS LTD | 8.91 | 26.02 | 231.8 |
SNL BEARINGS LTD | 10.87 | 12.84 | 139.6 |
Bearings Industry Benchmark (Top 10) PE Analysis vs SKF INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 12.84x |
Max industry PE | 62.72x |
Median industry PE | 29.18x |
Average industry PE | 34.06x |
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