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BEDMUTHA INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of BEDMUTHA INDUSTRIES is 19.05.

Share Price ₹198.9Nov 22,2024
Market Cap ₹642.3 Cr
Earnings-TTM₹33.7 CrTTM-Consolidated Results
Price/Earnings19.05xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BEDMUTHA INDUSTRIES

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 BEDMUTHA INDUSTRIES is calculated as :

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 ]

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

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 latest p/e ratio is 19.05x.

- 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 RatioMarket Cap
BEDMUTHA INDUSTRIES 33.7219.05642.3
JSW STEEL LTD5,231.0045.66238,872.0
TATA STEEL LTD2,576.6869.18178,264.0
JINDAL STAINLESS LTD2,435.4022.7155,314.2
STEEL AUTHORITY OF INDIA LTD1,985.5123.4546,551.0
APL APOLLO TUBES LTD582.9367.5739,389.1
MOTHERSON SUMI WIRING INDIA LTD660.2541.4027,335.7
RATNAMANI METALS & TUBES LTD531.1445.7524,299.1
SHYAM METALICS AND ENERGY LTD837.3927.1022,689.2
WELSPUN CORP LTD849.1021.6418,372.3
JINDAL SAW LTD1,872.1310.1418,974.2

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs BEDMUTHA INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE 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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