Home > PE Ratio > BHARAT ELECTRONICS

BHARAT ELECTRONICS
PE (Price/Earnings) Ratio

The Current P/E Ratio of BHARAT ELECTRONICS is 45.29.

Share Price ₹278.7Nov 19,2024
Market Cap ₹203,724.1 Cr
Earnings-TTM₹4,498.7 CrTTM-Consolidated Results
Price/Earnings45.29xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for BHARAT ELECTRONICS
Please provide your vote to see the results
BHARAT ELECTRONICS is part of below Screeners ↓
Top Large Cap Stocks with Best Fundamentals
Best Quarterly Growth Large Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of BHARAT ELECTRONICS

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 ELECTRONICS is calculated as :

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 ]

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

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 latest p/e ratio is 45.29x.

- 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 RatioMarket Cap
BHARAT ELECTRONICS 4,498.6545.29203,724.1
BHARAT HEAVY ELECTRICALS LTD168.85466.1778,712.0
THERMAX LTD732.6975.3255,189.6
TRIVENI TURBINE LTD315.5269.6121,963.7
KIRLOSKAR OIL ENGINES LTD515.8231.5016,249.0
ELECON ENGINEERING COMPANY LTD346.7836.9812,823.3
PRAJ INDUSTRIES LTD300.3642.4812,758.5
SHRIRAM PISTONS & RINGS LTD467.2719.118,931.5
KIRLOSKAR BROTHERS LTD391.9044.1717,311.2
TEGA INDUSTRIES LTD164.0373.4512,047.9
ION EXCHANGE (INDIA) LTD214.1543.769,372.0

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs BHARAT ELECTRONICS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 19.11x
Max industry PE 466.17x
Median industry PE 44.17x
Average industry PE 86.17x



You may also like the below Video Courses