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BAJAJ ELECTRICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of BAJAJ ELECTRICALS is 82.18.

Share Price ₹767.5Nov 27,2024
Market Cap ₹8,848.7 Cr
Earnings-TTM₹107.7 CrTTM-Consolidated Results
Price/Earnings82.18xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BAJAJ ELECTRICALS

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)

Applying the above formula, P/E ratio of BAJAJ ELECTRICALS is calculated as :

Current Market Cap [ ₹8,848.7 Cr] as on Nov 27,2024

(/) Earnings [ ₹107.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 82.18x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for BAJAJ ELECTRICALS , the investors are currently willing to pay 82.18 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 latest p/e ratio is 82.18x.

- 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 RatioMarket Cap
BAJAJ ELECTRICALS 107.6882.188,848.7
CROMPTON GREAVES CONSUMER ELECTRICALS LTD499.3052.7326,327.5
WHIRLPOOL OF INDIA LTD308.1673.9922,802.0
TTK PRESTIGE LTD212.0256.3011,935.9
EUREKA FORBES LTD124.2591.9611,426.9
SYMPHONY LTD233.0040.229,370.6
IFB INDUSTRIES LTD118.0657.136,744.6
BOROSIL LTD69.9975.135,258.1
PG ELECTROPLAST LTD195.2195.5118,645.4
ORIENT ELECTRIC LTD61.9180.905,008.8
HAWKINS COOKERS LTD112.9738.864,390.4

Consumer Durables - Domestic Appliances Industry Benchmark (Top 10) PE Analysis vs BAJAJ ELECTRICALS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 38.86x
Max industry PE 95.51x
Median industry PE 73.99x
Average industry PE 67.72x



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