BAJAJ ELECTRICALS
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The Current P/E Ratio of BAJAJ ELECTRICALS is 80.85.
Share Price | ₹755.1 | Nov 21,2024 |
Market Cap | ₹8,705.7 Cr | |
Earnings-TTM | ₹107.7 Cr | TTM-Consolidated Results |
Price/Earnings | 80.85x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BAJAJ ELECTRICALS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹8,705.7 Cr] as on Nov 21,2024
(/) Earnings [ ₹107.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 80.85x ]
Thus, for BAJAJ ELECTRICALS , the investors are currently willing to pay 80.85 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 BAJAJ ELECTRICALS !
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 BAJAJ ELECTRICALS over the last five years.
Historical PE (Price/Earnings) ratio chart of BAJAJ ELECTRICALS
PE Ratio Performance Analysis for BAJAJ ELECTRICALS
- BAJAJ ELECTRICALS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 58.09x.
- BAJAJ ELECTRICALS 's operated at median p/e ratio of 58.75x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BAJAJ ELECTRICALS 's p/e ratio peaked in Mar2022 at 96.09x.
- BAJAJ ELECTRICALS 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does BAJAJ ELECTRICALS 's P/E Ratio benchmark against top 10 peers in Consumer Durables - Domestic Appliances Industry?
Peer Comparison (Consumer Durables - Domestic Appliances Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
BAJAJ ELECTRICALS | 107.68 | 80.85 | 8,705.7 |
CROMPTON GREAVES CONSUMER ELECTRICALS LTD | 499.30 | 49.26 | 24,595.9 |
WHIRLPOOL OF INDIA LTD | 308.16 | 71.64 | 22,077.0 |
TTK PRESTIGE LTD | 212.02 | 55.00 | 11,662.0 |
EUREKA FORBES LTD | 124.25 | 88.32 | 10,974.1 |
SYMPHONY LTD | 233.00 | 40.61 | 9,461.2 |
IFB INDUSTRIES LTD | 118.06 | 53.44 | 6,308.8 |
BOROSIL LTD | 69.99 | 73.12 | 5,117.8 |
PG ELECTROPLAST LTD | 195.21 | 91.59 | 17,878.8 |
ORIENT ELECTRIC LTD | 61.91 | 77.30 | 4,785.8 |
HAWKINS COOKERS LTD | 112.97 | 39.92 | 4,510.2 |
Consumer Durables - Domestic Appliances Industry Benchmark (Top 10) PE Analysis vs BAJAJ ELECTRICALS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 39.92x |
Max industry PE | 91.59x |
Median industry PE | 71.64x |
Average industry PE | 65.55x |
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