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BHAGYANAGAR INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of BHAGYANAGAR INDIA is 29.57.

Share Price ₹98.5Nov 19,2024
Market Cap ₹315.1 Cr
Earnings-TTM₹10.7 CrTTM-Consolidated Results
Price/Earnings29.57xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BHAGYANAGAR INDIA

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 BHAGYANAGAR INDIA is calculated as :

Current Market Cap [ ₹315.1 Cr] as on Nov 19,2024

(/) Earnings [ ₹10.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 29.57x ]

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

Thus, for BHAGYANAGAR INDIA , the investors are currently willing to pay 29.57 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 BHAGYANAGAR INDIA !

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 BHAGYANAGAR INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of BHAGYANAGAR INDIA


PE Ratio Performance Analysis for BHAGYANAGAR INDIA

- BHAGYANAGAR INDIA 's latest p/e ratio is 29.57x.

- BHAGYANAGAR INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 23.62x.

- BHAGYANAGAR INDIA 's operated at median p/e ratio of 14.87x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BHAGYANAGAR INDIA 's p/e ratio peaked in Mar2020 at 44.87x.

- BHAGYANAGAR INDIA 's p/e ratio hit its five-year low in Mar2024 of 5.7x.


How does BHAGYANAGAR INDIA 's P/E Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?

Peer Comparison (Metal - Non Ferrous Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BHAGYANAGAR INDIA 10.6629.57315.1
HINDUSTAN ZINC LTD8,738.0023.78207,780.0
HINDALCO INDUSTRIES LTD12,486.0011.53143,946.0
VEDANTA LTD15,839.0010.94173,328.0
HINDUSTAN COPPER LTD402.8263.1725,447.2
GRAVITA INDIA LTD270.8153.2914,432.7
SHIVALIK BIMETAL CONTROLS LTD76.7543.673,351.7
BHARAT WIRE ROPES LTD96.3415.851,527.1
RAM RATNA WIRES LTD64.1540.742,613.8
NILE LTD34.4118.10622.9
RAJNANDINI METAL LTD9.4127.18255.7

Metal - Non Ferrous Industry Benchmark (Top 10) PE Analysis vs BHAGYANAGAR INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 10.94x
Max industry PE 63.17x
Median industry PE 27.18x
Average industry PE 30.71x



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