BHAGWATI AUTOCAST
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The Current P/E Ratio of BHAGWATI AUTOCAST is 18.96.
Share Price | ₹481.8 | Sep 13,2024 |
Market Cap | ₹139.7 Cr | |
Earnings-TTM | ₹7.4 Cr | TTM-Standalone Results |
Price/Earnings | 18.96x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BHAGWATI AUTOCAST
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹139.7 Cr] as on Sep 13,2024
(/) Earnings [ ₹7.4 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 18.96x ]
Thus, for BHAGWATI AUTOCAST , the investors are currently willing to pay 18.96 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 BHAGWATI AUTOCAST !
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 BHAGWATI AUTOCAST over the last five years.
Historical PE (Price/Earnings) ratio chart of BHAGWATI AUTOCAST
PE Ratio Performance Analysis for BHAGWATI AUTOCAST
- BHAGWATI AUTOCAST 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 12.05x.
- BHAGWATI AUTOCAST 's operated at median p/e ratio of 11.01x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BHAGWATI AUTOCAST 's p/e ratio peaked in Mar2021 at 23.34x.
- BHAGWATI AUTOCAST 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does BHAGWATI AUTOCAST 's P/E Ratio benchmark against top 10 peers in Castings/Forgings Industry?
Peer Comparison (Castings/Forgings Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
BHAGWATI AUTOCAST | 7.37 | 18.96 | 139.7 |
AIA ENGINEERING LTD | 1,120.92 | 36.10 | 40,463.2 |
PTC INDUSTRIES LTD | 35.83 | 596.79 | 21,384.8 |
ELECTROSTEEL CASTINGS LTD | 891.27 | 15.98 | 14,239.9 |
KIRLOSKAR FERROUS INDUSTRIES LTD | 274.48 | 41.02 | 11,260.0 |
ALICON CASTALLOY LTD | 70.83 | 34.12 | 2,416.6 |
STEELCAST LTD | 67.65 | 24.04 | 1,626.1 |
NELCAST LTD | 55.19 | 21.16 | 1,168.0 |
UNI ABEX ALLOY PRODUCTS LTD | 34.13 | 19.68 | 671.7 |
SYNERGY GREEN INDUSTRIES LTD | 12.03 | 56.12 | 675.0 |
NITIN CASTINGS LTD | 12.46 | 27.25 | 339.6 |
Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs BHAGWATI AUTOCAST 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 15.98x |
Max industry PE | 596.79x |
Median industry PE | 27.25x |
Average industry PE | 81.02x |
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