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BHAGWATI AUTOCAST
PE (Price/Earnings) Ratio

The Current P/E Ratio of BHAGWATI AUTOCAST is 18.96.

Share Price ₹481.8Sep 13,2024
Market Cap ₹139.7 Cr
Earnings-TTM₹7.4 CrTTM-Standalone Results
Price/Earnings18.96xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BHAGWATI AUTOCAST

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 BHAGWATI AUTOCAST is calculated as :

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 ]

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

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 latest p/e ratio is 18.96x.

- 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 RatioMarket Cap
BHAGWATI AUTOCAST 7.3718.96139.7
AIA ENGINEERING LTD1,120.9236.1040,463.2
PTC INDUSTRIES LTD35.83596.7921,384.8
ELECTROSTEEL CASTINGS LTD891.2715.9814,239.9
KIRLOSKAR FERROUS INDUSTRIES LTD274.4841.0211,260.0
ALICON CASTALLOY LTD70.8334.122,416.6
STEELCAST LTD67.6524.041,626.1
NELCAST LTD55.1921.161,168.0
UNI ABEX ALLOY PRODUCTS LTD34.1319.68671.7
SYNERGY GREEN INDUSTRIES LTD12.0356.12675.0
NITIN CASTINGS LTD12.4627.25339.6

Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs BHAGWATI AUTOCAST 's P/E Ratio

Top 10 Industry PeersPE 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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