BHARAT DYNAMICS
|
The Current P/E Ratio of BHARAT DYNAMICS is 66.55.
Share Price | ₹1,049.4 | Nov 08,2024 |
Market Cap | ₹38,471.0 Cr | |
Earnings-TTM | ₹578.1 Cr | TTM-Standalone Results |
Price/Earnings | 66.55x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BHARAT DYNAMICS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹38,471.0 Cr] as on Nov 08,2024
(/) Earnings [ ₹578.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 66.55x ]
Thus, for BHARAT DYNAMICS , the investors are currently willing to pay 66.55 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 BHARAT DYNAMICS !
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 BHARAT DYNAMICS over the last five years.
Historical PE (Price/Earnings) ratio chart of BHARAT DYNAMICS
PE Ratio Performance Analysis for BHARAT DYNAMICS
- BHARAT DYNAMICS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 20.39x.
- BHARAT DYNAMICS 's operated at median p/e ratio of 23.65x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BHARAT DYNAMICS 's p/e ratio peaked in Mar2024 at 26.19x.
- BHARAT DYNAMICS 's p/e ratio hit its five-year low in Mar2020 of 6.35x.
How does BHARAT DYNAMICS 's P/E Ratio benchmark against top 10 peers in Defence Industry?
Peer Comparison (Defence Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
BHARAT DYNAMICS | 578.12 | 66.55 | 38,471.0 |
HINDUSTAN AERONAUTICS LTD | 7,991.37 | 36.82 | 294,268.0 |
DATA PATTERNS (INDIA) LTD | 188.65 | 68.86 | 12,990.0 |
ASTRA MICROWAVE PRODUCTS LTD | 120.96 | 60.50 | 7,317.9 |
PARAS DEFENCE AND SPACE TECHNOLOGIES LTD | 42.25 | 97.77 | 4,130.7 |
ROSSELL INDIA LTD | 13.87 | 24.46 | 339.3 |
Defence Industry Benchmark (Top 10) PE Analysis vs BHARAT DYNAMICS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 24.46x |
Max industry PE | 97.77x |
Median industry PE | 66.55x |
Average industry PE | 59.16x |
You may also like the below Video Courses