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BHARAT HEAVY ELECTRICALS
PE (Price/Earnings) Ratio

The Current P/E Ratio of BHARAT HEAVY ELECTRICALS is 520.41.

Share Price ₹252.4Dec 03,2024
Market Cap ₹87,870.8 Cr
Earnings-TTM₹168.9 CrTTM-Consolidated Results
Price/Earnings520.41xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BHARAT HEAVY ELECTRICALS

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 HEAVY ELECTRICALS is calculated as :

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 ]

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

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 latest p/e ratio is 520.41x.

- 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 RatioMarket Cap
BHARAT HEAVY ELECTRICALS 168.85520.4187,870.8
BHARAT ELECTRONICS LTD4,498.6550.70228,065.0
THERMAX LTD732.6978.4157,447.6
TRIVENI TURBINE LTD315.5274.5223,511.8
KIRLOSKAR OIL ENGINES LTD515.8231.5016,246.1
ELECON ENGINEERING COMPANY LTD346.7840.3213,983.5
PRAJ INDUSTRIES LTD300.3650.2915,105.8
SHRIRAM PISTONS & RINGS LTD467.2720.279,469.6
KIRLOSKAR BROTHERS LTD391.9047.6818,686.9
TEGA INDUSTRIES LTD164.0369.2211,355.0
ION EXCHANGE (INDIA) LTD214.1547.4210,155.2

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

Top 10 Industry PeersPE 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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