SNL BEARINGS
|
The Current P/E Ratio of SNL BEARINGS is 19.52.
| Share Price | ₹394.8 | Apr 24,2024 |
| Market Cap | ₹142.1 Cr | |
| Earnings-TTM | ₹7.3 Cr | TTM-Standalone Results |
| Price/Earnings | 19.52x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of SNL BEARINGS
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)
Current Market Cap [ ₹142.1 Cr] as on Apr 24,2024
(/) Earnings [ ₹7.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 19.52x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for SNL BEARINGS , the investors are currently willing to pay 19.52 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 SNL 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 SNL BEARINGS over the last five years.
Thus, for SNL BEARINGS , the investors are currently willing to pay 19.52 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 SNL 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 SNL BEARINGS over the last five years.
Historical PE (Price/Earnings) ratio chart of SNL BEARINGS
PE Ratio Performance Analysis for SNL BEARINGS
- SNL BEARINGS 's latest p/e ratio is 19.52x.
- SNL BEARINGS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 11.46x.
- SNL BEARINGS 's operated at median p/e ratio of 11.35x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SNL BEARINGS 's p/e ratio peaked in Mar2019 at 13.97x.
- SNL BEARINGS 's p/e ratio hit its five-year low in Mar2020 of 9.31x.
- SNL BEARINGS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 11.46x.
- SNL BEARINGS 's operated at median p/e ratio of 11.35x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SNL BEARINGS 's p/e ratio peaked in Mar2019 at 13.97x.
- SNL BEARINGS 's p/e ratio hit its five-year low in Mar2020 of 9.31x.
How does SNL BEARINGS 's P/E Ratio benchmark against top 10 peers in Bearings Industry?
| Peer Comparison (Bearings Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| SNL BEARINGS | 7.28 | 19.52 | 142.1 |
| SCHAEFFLER INDIA LTD | 909.03 | 56.58 | 51,435.6 |
| TIMKEN INDIA LTD | 355.23 | 67.10 | 23,834.2 |
| SKF INDIA LTD | 499.79 | 45.70 | 22,841.3 |
| ROLEX RINGS LTD | 178.82 | 28.75 | 5,140.4 |
| NRB BEARINGS LTD | 243.48 | 12.87 | 3,134.0 |
| GALAXY BEARINGS LTD | 18.63 | 25.23 | 470.1 |
| BIMETAL BEARINGS LTD | 8.78 | 27.75 | 243.5 |
| VISHAL BEARINGS LTD | 3.16 | 52.59 | 166.0 |
Bearings Industry Benchmark (Top 10) PE Analysis vs SNL BEARINGS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 12.87x |
| Max industry PE | 67.10x |
| Median industry PE | 28.75x |
| Average industry PE | 37.34x |
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