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GALAXY BEARINGS
PE (Price/Earnings) Ratio

The Current P/E Ratio of GALAXY BEARINGS is 18.30.

Share Price ₹1,099.0Nov 22,2024
Market Cap ₹351.7 Cr
Earnings-TTM₹19.2 CrTTM-Standalone Results
Price/Earnings18.30xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GALAXY 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)

Applying the above formula, P/E ratio of GALAXY BEARINGS is calculated as :

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 ]

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

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 latest p/e ratio is 18.30x.

- 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 RatioMarket Cap
GALAXY BEARINGS 19.2118.30351.7
SCHAEFFLER INDIA LTD945.7256.2353,173.7
TIMKEN INDIA LTD395.2162.7524,798.9
SKF INDIA LTD560.3741.2823,134.2
ROLEX RINGS LTD159.8133.935,423.1
NRB BEARINGS LTD259.4510.542,734.7
BIMETAL BEARINGS LTD6.8536.80252.1
VISHAL BEARINGS LTD-0.81-135.89110.1
SNL BEARINGS LTD9.1815.78144.8

Bearings Industry Benchmark (Top 10) PE Analysis vs GALAXY BEARINGS 's P/E Ratio

Top 10 Industry PeersPE 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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