Home > PE Ratio > BEML

BEML
PE (Price/Earnings) Ratio

The Current P/E Ratio of BEML is 64.13.

Share Price ₹4,402.5Dec 13,2024
Market Cap ₹18,314.2 Cr
Earnings-TTM₹285.6 CrTTM-Consolidated Results
Price/Earnings64.13xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for BEML
Please provide your vote to see the results
BEML is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of BEML

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 BEML is calculated as :

Current Market Cap [ ₹18,314.2 Cr] as on Dec 13,2024

(/) Earnings [ ₹285.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 64.13x ]

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

Thus, for BEML , the investors are currently willing to pay 64.13 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 BEML !

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 BEML over the last five years.

Historical PE (Price/Earnings) ratio chart of BEML


PE Ratio Performance Analysis for BEML

- BEML 's latest p/e ratio is 64.13x.

- BEML 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 48.87x.

- BEML 's operated at median p/e ratio of 47.04x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BEML 's p/e ratio peaked in Mar2021 at 75.87x.

- BEML 's p/e ratio hit its five-year low in Mar2020 of 29.54x.


How does BEML 's P/E Ratio benchmark against top 10 peers in Construction Vehicles Industry?

Peer Comparison (Construction Vehicles Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BEML 285.5664.1318,314.2
ACTION CONSTRUCTION EQUIPMENT LTD365.6943.6915,977.4
SANGHVI MOVERS LTD168.0917.162,884.3
TIL LTD270.107.652,065.3
BRADY & MORRIS ENGINEERING COMPANY LTD9.5541.22393.8

Construction Vehicles Industry Benchmark (Top 10) PE Analysis vs BEML 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 7.65x
Max industry PE 64.13x
Median industry PE 41.22x
Average industry PE 34.77x



You may also like the below Video Courses