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BHARAT WIRE ROPES
PE (Price/Earnings) Ratio

The Current P/E Ratio of BHARAT WIRE ROPES is 15.52.

Share Price ₹218.7Jan 03,2025
Market Cap ₹1,495.6 Cr
Earnings-TTM₹96.3 CrTTM-Consolidated Results
Price/Earnings15.52xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BHARAT WIRE ROPES

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 WIRE ROPES is calculated as :

Current Market Cap [ ₹1,495.6 Cr] as on Jan 03,2025

(/) Earnings [ ₹96.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 15.52x ]

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

Thus, for BHARAT WIRE ROPES , the investors are currently willing to pay 15.52 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 WIRE ROPES !

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 WIRE ROPES over the last five years.

Historical PE (Price/Earnings) ratio chart of BHARAT WIRE ROPES


PE Ratio Performance Analysis for BHARAT WIRE ROPES

- BHARAT WIRE ROPES 's latest p/e ratio is 15.52x.

- BHARAT WIRE ROPES 's p/e ratio for fiscal years ending Mar2024 to Mar2022 averaged 22.72x.

- BHARAT WIRE ROPES 's operated at median p/e ratio of 19.5x from fiscal years ending March 2018 to 2022.

- Looking back at the last 3 fiscal years, BHARAT WIRE ROPES 's p/e ratio peaked in Mar2022 at 31.76x.

- BHARAT WIRE ROPES 's p/e ratio hit its five-year low in Mar2023 of 16.9x.


How does BHARAT WIRE ROPES 's P/E Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?

Peer Comparison (Metal - Non Ferrous Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BHARAT WIRE ROPES 96.3415.521,495.6
HINDUSTAN ZINC LTD8,738.0022.68198,167.0
HINDALCO INDUSTRIES LTD12,486.0010.64132,834.0
VEDANTA LTD15,839.0011.30179,057.0
HINDUSTAN COPPER LTD402.8260.1124,214.3
GRAVITA INDIA LTD270.8162.4816,919.5
SHIVALIK BIMETAL CONTROLS LTD76.7544.463,412.5
RAM RATNA WIRES LTD64.1539.532,536.2
NILE LTD34.4116.07552.8
RAJNANDINI METAL LTD1.69144.46244.1
SHERA ENERGY LTD15.4029.35452.1

Metal - Non Ferrous Industry Benchmark (Top 10) PE Analysis vs BHARAT WIRE ROPES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 10.64x
Max industry PE 144.46x
Median industry PE 29.35x
Average industry PE 41.51x



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