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BHARAT ELECTRONICS
PE (Price/Earnings) Ratio

The Current P/E Ratio of BHARAT ELECTRONICS is 36.10.

Share Price ₹244.6Feb 18,2025
Market Cap ₹178,761.2 Cr
Earnings-TTM₹4,951.8 CrTTM-Consolidated Results
Price/Earnings36.10xCalculated as Market Cap/Earnings
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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 [ ₹178,761.2 Cr] as on Feb 18,2025

(/) Earnings [ ₹4,951.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 36.10x ]

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 36.10 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 36.10x.

- 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 4,951.8036.10178,761.2
BHARAT HEAVY ELECTRICALS LTD456.39142.2964,940.5
THERMAX LTD609.5362.7538,248.6
TRIVENI TURBINE LTD339.5753.0518,015.7
KIRLOSKAR OIL ENGINES LTD494.9918.229,018.9
ELECON ENGINEERING COMPANY LTD364.1527.429,984.7
PRAJ INDUSTRIES LTD271.0535.879,722.8
SHRIRAM PISTONS & RINGS LTD480.4818.278,778.9
KIRLOSKAR BROTHERS LTD422.4034.3014,490.1
TEGA INDUSTRIES LTD182.4151.089,316.6
ION EXCHANGE (INDIA) LTD216.5733.857,331.9

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

Top 10 Industry PeersPE Ratio
Min industry PE 18.22x
Max industry PE 142.29x
Median industry PE 35.87x
Average industry PE 46.66x



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