BHARAT HEAVY ELECTRICALS
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The Current P/E Ratio of BHARAT HEAVY ELECTRICALS is 520.41.
Share Price | ₹252.4 | Dec 03,2024 |
Market Cap | ₹87,870.8 Cr | |
Earnings-TTM | ₹168.9 Cr | TTM-Consolidated Results |
Price/Earnings | 520.41x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BHARAT HEAVY ELECTRICALS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹87,870.8 Cr] as on Dec 03,2024
(/) Earnings [ ₹168.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 520.41x ]
Thus, for BHARAT HEAVY ELECTRICALS , the investors are currently willing to pay 520.41 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 HEAVY ELECTRICALS !
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 HEAVY ELECTRICALS over the last five years.
Historical PE (Price/Earnings) ratio chart of BHARAT HEAVY ELECTRICALS
PE Ratio Performance Analysis for BHARAT HEAVY ELECTRICALS
- BHARAT HEAVY ELECTRICALS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 76.17x.
- BHARAT HEAVY ELECTRICALS 's operated at median p/e ratio of 37.33x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BHARAT HEAVY ELECTRICALS 's p/e ratio peaked in Mar2024 at 305x.
- BHARAT HEAVY ELECTRICALS 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does BHARAT HEAVY ELECTRICALS '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 HEAVY ELECTRICALS | 168.85 | 520.41 | 87,870.8 |
BHARAT ELECTRONICS LTD | 4,498.65 | 50.70 | 228,065.0 |
THERMAX LTD | 732.69 | 78.41 | 57,447.6 |
TRIVENI TURBINE LTD | 315.52 | 74.52 | 23,511.8 |
KIRLOSKAR OIL ENGINES LTD | 515.82 | 31.50 | 16,246.1 |
ELECON ENGINEERING COMPANY LTD | 346.78 | 40.32 | 13,983.5 |
PRAJ INDUSTRIES LTD | 300.36 | 50.29 | 15,105.8 |
SHRIRAM PISTONS & RINGS LTD | 467.27 | 20.27 | 9,469.6 |
KIRLOSKAR BROTHERS LTD | 391.90 | 47.68 | 18,686.9 |
TEGA INDUSTRIES LTD | 164.03 | 69.22 | 11,355.0 |
ION EXCHANGE (INDIA) LTD | 214.15 | 47.42 | 10,155.2 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs BHARAT HEAVY ELECTRICALS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 20.27x |
Max industry PE | 520.41x |
Median industry PE | 50.29x |
Average industry PE | 93.70x |
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