GALAXY BEARINGS
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The Current P/E Ratio of GALAXY BEARINGS is 18.30.
Share Price | ₹1,099.0 | Nov 22,2024 |
Market Cap | ₹351.7 Cr | |
Earnings-TTM | ₹19.2 Cr | TTM-Standalone Results |
Price/Earnings | 18.30x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of GALAXY BEARINGS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹351.7 Cr] as on Nov 22,2024
(/) Earnings [ ₹19.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 18.30x ]
Thus, for GALAXY BEARINGS , the investors are currently willing to pay 18.30 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 GALAXY 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 GALAXY BEARINGS over the last five years.
Historical PE (Price/Earnings) ratio chart of GALAXY BEARINGS
PE Ratio Performance Analysis for GALAXY BEARINGS
- GALAXY BEARINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 13.49x.
- GALAXY BEARINGS 's operated at median p/e ratio of 9.39x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GALAXY BEARINGS 's p/e ratio peaked in Mar2024 at 25.18x.
- GALAXY BEARINGS 's p/e ratio hit its five-year low in Mar2020 of 6.87x.
How does GALAXY BEARINGS 's P/E Ratio benchmark against top 10 peers in Bearings Industry?
Peer Comparison (Bearings Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
GALAXY BEARINGS | 19.21 | 18.30 | 351.7 |
SCHAEFFLER INDIA LTD | 945.72 | 56.23 | 53,173.7 |
TIMKEN INDIA LTD | 395.21 | 62.75 | 24,798.9 |
SKF INDIA LTD | 560.37 | 41.28 | 23,134.2 |
ROLEX RINGS LTD | 159.81 | 33.93 | 5,423.1 |
NRB BEARINGS LTD | 259.45 | 10.54 | 2,734.7 |
BIMETAL BEARINGS LTD | 6.85 | 36.80 | 252.1 |
VISHAL BEARINGS LTD | -0.81 | -135.89 | 110.1 |
SNL BEARINGS LTD | 9.18 | 15.78 | 144.8 |
Bearings Industry Benchmark (Top 10) PE Analysis vs GALAXY BEARINGS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -135.89x |
Max industry PE | 62.75x |
Median industry PE | 33.93x |
Average industry PE | 15.52x |
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