BHARAT WIRE ROPES
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The Current P/E Ratio of BHARAT WIRE ROPES is 15.52.
Share Price | ₹218.7 | Jan 03,2025 |
Market Cap | ₹1,495.6 Cr | |
Earnings-TTM | ₹96.3 Cr | TTM-Consolidated Results |
Price/Earnings | 15.52x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BHARAT WIRE ROPES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
BHARAT WIRE ROPES | 96.34 | 15.52 | 1,495.6 |
HINDUSTAN ZINC LTD | 8,738.00 | 22.68 | 198,167.0 |
HINDALCO INDUSTRIES LTD | 12,486.00 | 10.64 | 132,834.0 |
VEDANTA LTD | 15,839.00 | 11.30 | 179,057.0 |
HINDUSTAN COPPER LTD | 402.82 | 60.11 | 24,214.3 |
GRAVITA INDIA LTD | 270.81 | 62.48 | 16,919.5 |
SHIVALIK BIMETAL CONTROLS LTD | 76.75 | 44.46 | 3,412.5 |
RAM RATNA WIRES LTD | 64.15 | 39.53 | 2,536.2 |
NILE LTD | 34.41 | 16.07 | 552.8 |
RAJNANDINI METAL LTD | 1.69 | 144.46 | 244.1 |
SHERA ENERGY LTD | 15.40 | 29.35 | 452.1 |
Metal - Non Ferrous Industry Benchmark (Top 10) PE Analysis vs BHARAT WIRE ROPES 's P/E Ratio
Top 10 Industry Peers | PE 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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