BIMETAL BEARINGS
|
The Current P/E Ratio of BIMETAL BEARINGS is 32.82.
| Share Price | ₹591.6 | Feb 06,2025 |
| Market Cap | ₹224.8 Cr | |
| Earnings-TTM | ₹6.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 32.82x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of BIMETAL BEARINGS
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)
Current Market Cap [ ₹224.8 Cr] as on Feb 06,2025
(/) Earnings [ ₹6.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 32.82x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for BIMETAL BEARINGS , the investors are currently willing to pay 32.82 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 BIMETAL BEARINGS !
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 BIMETAL BEARINGS over the last five years.
Thus, for BIMETAL BEARINGS , the investors are currently willing to pay 32.82 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 BIMETAL BEARINGS !
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 BIMETAL BEARINGS over the last five years.
Historical PE (Price/Earnings) ratio chart of BIMETAL BEARINGS
PE Ratio Performance Analysis for BIMETAL BEARINGS
- BIMETAL BEARINGS 's latest p/e ratio is 32.82x.
- BIMETAL BEARINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 31.49x.
- BIMETAL BEARINGS 's operated at median p/e ratio of 26.61x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BIMETAL BEARINGS 's p/e ratio peaked in Mar2020 at 67.02x.
- BIMETAL BEARINGS 's p/e ratio hit its five-year low in Mar2023 of 13.06x.
- BIMETAL BEARINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 31.49x.
- BIMETAL BEARINGS 's operated at median p/e ratio of 26.61x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BIMETAL BEARINGS 's p/e ratio peaked in Mar2020 at 67.02x.
- BIMETAL BEARINGS 's p/e ratio hit its five-year low in Mar2023 of 13.06x.
How does BIMETAL BEARINGS 's P/E Ratio benchmark against top 10 peers in Bearings Industry?
| Peer Comparison (Bearings Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| BIMETAL BEARINGS | 6.85 | 32.82 | 224.8 |
| SCHAEFFLER INDIA LTD | 945.72 | 55.80 | 52,773.6 |
| TIMKEN INDIA LTD | 401.99 | 51.01 | 20,505.8 |
| SKF INDIA LTD | 560.37 | 35.58 | 19,937.3 |
| ROLEX RINGS LTD | 159.81 | 29.56 | 4,724.3 |
| NRB BEARINGS LTD | 259.45 | 9.46 | 2,454.1 |
| GALAXY BEARINGS LTD | 15.69 | 17.35 | 272.3 |
| VISHAL BEARINGS LTD | -0.81 | -133.49 | 108.1 |
| SNL BEARINGS LTD | 9.18 | 14.49 | 133.0 |
Bearings Industry Benchmark (Top 10) PE Analysis vs BIMETAL BEARINGS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -133.49x |
| Max industry PE | 55.80x |
| Median industry PE | 29.56x |
| Average industry PE | 12.51x |
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