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BHARAT DYNAMICS
PE (Price/Earnings) Ratio

The Current P/E Ratio of BHARAT DYNAMICS is 65.55.

Share Price ₹989.8Nov 14,2024
Market Cap ₹36,286.1 Cr
Earnings-TTM₹553.6 CrTTM-Standalone Results
Price/Earnings65.55xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BHARAT DYNAMICS

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 BHARAT DYNAMICS is calculated as :

Current Market Cap [ ₹36,286.1 Cr] as on Nov 14,2024

(/) Earnings [ ₹553.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 65.55x ]

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

Thus, for BHARAT DYNAMICS , the investors are currently willing to pay 65.55 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 latest p/e ratio is 65.55x.

- 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 RatioMarket Cap
BHARAT DYNAMICS 553.5665.5536,286.1
HINDUSTAN AERONAUTICS LTD8,481.3032.23273,355.0
DATA PATTERNS (INDIA) LTD185.1465.5112,128.4
ASTRA MICROWAVE PRODUCTS LTD121.1258.977,141.8
PARAS DEFENCE AND SPACE TECHNOLOGIES LTD42.2593.593,954.0
ROSSELL INDIA LTD13.8722.57313.0

Defence Industry Benchmark (Top 10) PE Analysis vs BHARAT DYNAMICS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 22.57x
Max industry PE 93.59x
Median industry PE 65.51x
Average industry PE 56.40x



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