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BANSAL ROOFING PRODUCTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of BANSAL ROOFING PRODUCTS is 31.03.

Share Price ₹77.1Sep 06,2024
Market Cap ₹101.8 Cr
Earnings-TTM₹3.3 CrTTM-Standalone Results
Price/Earnings31.03xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BANSAL ROOFING PRODUCTS

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 BANSAL ROOFING PRODUCTS is calculated as :

Current Market Cap [ ₹101.8 Cr] as on Sep 06,2024

(/) Earnings [ ₹3.3 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 31.03x ]

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

Thus, for BANSAL ROOFING PRODUCTS , the investors are currently willing to pay 31.03 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 BANSAL ROOFING PRODUCTS !

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 BANSAL ROOFING PRODUCTS over the last five years.

Historical PE (Price/Earnings) ratio chart of BANSAL ROOFING PRODUCTS


PE Ratio Performance Analysis for BANSAL ROOFING PRODUCTS

- BANSAL ROOFING PRODUCTS 's latest p/e ratio is 31.03x.

- BANSAL ROOFING PRODUCTS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 14.30x.

- BANSAL ROOFING PRODUCTS 's operated at median p/e ratio of 18.89x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BANSAL ROOFING PRODUCTS 's p/e ratio peaked in Mar2024 at 29.58x.

- BANSAL ROOFING PRODUCTS 's p/e ratio hit its five-year low in Mar2020 of 1.32x.


How does BANSAL ROOFING PRODUCTS 's P/E Ratio benchmark against top 10 peers in Engineering Industry?

Peer Comparison (Engineering Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BANSAL ROOFING PRODUCTS 3.2831.03101.8
RITES LTD458.2734.7215,910.4
ENGINEERS INDIA LTD302.7340.4212,235.7
MTAR TECHNOLOGIES LTD40.21135.905,463.8
KENNAMETAL INDIA LTD110.6066.487,352.3
INOX GREEN ENERGY SERVICES LTD26.62296.757,899.5
THEJO ENGINEERING LTD55.4952.602,919.0
DIVGI TORQTRANSFER SYSTEMS LTD35.2650.981,797.8
PITTI ENGINEERING LTD96.7847.924,637.0
DEEP INDUSTRIES LTD132.8819.152,545.0
LOKESH MACHINES LTD14.1254.07763.3

Engineering Industry Benchmark (Top 10) PE Analysis vs BANSAL ROOFING PRODUCTS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 19.15x
Max industry PE 296.75x
Median industry PE 50.98x
Average industry PE 75.46x



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