NRB BEARINGS
|
The Current P/E Ratio of NRB BEARINGS is 11.38.
| Share Price | ₹304.8 | Dec 02,2024 |
| Market Cap | ₹2,953.5 Cr | |
| Earnings-TTM | ₹259.5 Cr | TTM-Consolidated Results |
| Price/Earnings | 11.38x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of NRB 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 [ ₹2,953.5 Cr] as on Dec 02,2024
(/) Earnings [ ₹259.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 11.38x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for NRB BEARINGS , the investors are currently willing to pay 11.38 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 NRB 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 NRB BEARINGS over the last five years.
Thus, for NRB BEARINGS , the investors are currently willing to pay 11.38 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 NRB 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 NRB BEARINGS over the last five years.
Historical PE (Price/Earnings) ratio chart of NRB BEARINGS
PE Ratio Performance Analysis for NRB BEARINGS
- NRB BEARINGS 's latest p/e ratio is 11.38x.
- NRB BEARINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 15.44x.
- NRB BEARINGS 's operated at median p/e ratio of 15.22x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NRB BEARINGS 's p/e ratio peaked in Mar2021 at 19.45x.
- NRB BEARINGS 's p/e ratio hit its five-year low in Mar2024 of 10.85x.
- NRB BEARINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 15.44x.
- NRB BEARINGS 's operated at median p/e ratio of 15.22x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NRB BEARINGS 's p/e ratio peaked in Mar2021 at 19.45x.
- NRB BEARINGS 's p/e ratio hit its five-year low in Mar2024 of 10.85x.
How does NRB BEARINGS 's P/E Ratio benchmark against top 10 peers in Bearings Industry?
| Peer Comparison (Bearings Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| NRB BEARINGS | 259.45 | 11.38 | 2,953.5 |
| SCHAEFFLER INDIA LTD | 945.72 | 60.37 | 57,096.2 |
| TIMKEN INDIA LTD | 395.21 | 64.77 | 25,599.6 |
| SKF INDIA LTD | 560.37 | 44.12 | 24,725.4 |
| ROLEX RINGS LTD | 159.81 | 34.73 | 5,550.3 |
| GALAXY BEARINGS LTD | 19.21 | 18.04 | 346.5 |
| BIMETAL BEARINGS LTD | 6.85 | 36.31 | 248.7 |
| VISHAL BEARINGS LTD | -0.81 | -138.22 | 112.0 |
| SNL BEARINGS LTD | 9.18 | 15.78 | 144.8 |
Bearings Industry Benchmark (Top 10) PE Analysis vs NRB BEARINGS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -138.22x |
| Max industry PE | 64.77x |
| Median industry PE | 34.73x |
| Average industry PE | 16.36x |
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