BHARAT ELECTRONICS
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The Current P/E Ratio of BHARAT ELECTRONICS is 45.29.
Share Price | ₹278.7 | Nov 19,2024 |
Market Cap | ₹203,724.1 Cr | |
Earnings-TTM | ₹4,498.7 Cr | TTM-Consolidated Results |
Price/Earnings | 45.29x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BHARAT ELECTRONICS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹203,724.1 Cr] as on Nov 19,2024
(/) Earnings [ ₹4,498.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 45.29x ]
Thus, for BHARAT ELECTRONICS , the investors are currently willing to pay 45.29 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 ELECTRONICS !
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 ELECTRONICS over the last five years.
Historical PE (Price/Earnings) ratio chart of BHARAT ELECTRONICS
PE Ratio Performance Analysis for BHARAT ELECTRONICS
- BHARAT ELECTRONICS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 15.23x.
- BHARAT ELECTRONICS 's operated at median p/e ratio of 7.14x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BHARAT ELECTRONICS 's p/e ratio peaked in Mar2024 at 36.96x.
- BHARAT ELECTRONICS 's p/e ratio hit its five-year low in Mar2020 of 3.31x.
How does BHARAT ELECTRONICS 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
Peer Comparison (Engineering - Industrial Equipments Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
BHARAT ELECTRONICS | 4,498.65 | 45.29 | 203,724.1 |
BHARAT HEAVY ELECTRICALS LTD | 168.85 | 466.17 | 78,712.0 |
THERMAX LTD | 732.69 | 75.32 | 55,189.6 |
TRIVENI TURBINE LTD | 315.52 | 69.61 | 21,963.7 |
KIRLOSKAR OIL ENGINES LTD | 515.82 | 31.50 | 16,249.0 |
ELECON ENGINEERING COMPANY LTD | 346.78 | 36.98 | 12,823.3 |
PRAJ INDUSTRIES LTD | 300.36 | 42.48 | 12,758.5 |
SHRIRAM PISTONS & RINGS LTD | 467.27 | 19.11 | 8,931.5 |
KIRLOSKAR BROTHERS LTD | 391.90 | 44.17 | 17,311.2 |
TEGA INDUSTRIES LTD | 164.03 | 73.45 | 12,047.9 |
ION EXCHANGE (INDIA) LTD | 214.15 | 43.76 | 9,372.0 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs BHARAT ELECTRONICS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 19.11x |
Max industry PE | 466.17x |
Median industry PE | 44.17x |
Average industry PE | 86.17x |
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