BEDMUTHA INDUSTRIES
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The Current P/E Ratio of BEDMUTHA INDUSTRIES is 19.05.
Share Price | ₹198.9 | Nov 22,2024 |
Market Cap | ₹642.3 Cr | |
Earnings-TTM | ₹33.7 Cr | TTM-Consolidated Results |
Price/Earnings | 19.05x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BEDMUTHA INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹642.3 Cr] as on Nov 22,2024
(/) Earnings [ ₹33.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 19.05x ]
Thus, for BEDMUTHA INDUSTRIES , the investors are currently willing to pay 19.05 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 BEDMUTHA INDUSTRIES !
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 BEDMUTHA INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of BEDMUTHA INDUSTRIES
PE Ratio Performance Analysis for BEDMUTHA INDUSTRIES
- BEDMUTHA INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 14.47x.
- BEDMUTHA INDUSTRIES 's operated at median p/e ratio of 15x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BEDMUTHA INDUSTRIES 's p/e ratio peaked in Mar2024 at 32.93x.
- BEDMUTHA INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does BEDMUTHA INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Steel & Iron Products Industry?
Peer Comparison (Steel & Iron Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
BEDMUTHA INDUSTRIES | 33.72 | 19.05 | 642.3 |
JSW STEEL LTD | 5,231.00 | 45.66 | 238,872.0 |
TATA STEEL LTD | 2,576.68 | 69.18 | 178,264.0 |
JINDAL STAINLESS LTD | 2,435.40 | 22.71 | 55,314.2 |
STEEL AUTHORITY OF INDIA LTD | 1,985.51 | 23.45 | 46,551.0 |
APL APOLLO TUBES LTD | 582.93 | 67.57 | 39,389.1 |
MOTHERSON SUMI WIRING INDIA LTD | 660.25 | 41.40 | 27,335.7 |
RATNAMANI METALS & TUBES LTD | 531.14 | 45.75 | 24,299.1 |
SHYAM METALICS AND ENERGY LTD | 837.39 | 27.10 | 22,689.2 |
WELSPUN CORP LTD | 849.10 | 21.64 | 18,372.3 |
JINDAL SAW LTD | 1,872.13 | 10.14 | 18,974.2 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs BEDMUTHA INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.14x |
Max industry PE | 69.18x |
Median industry PE | 27.10x |
Average industry PE | 35.79x |
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