ROLEX RINGS
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The Current P/E Ratio of ROLEX RINGS is 34.27.
Share Price | ₹2,013.4 | Nov 21,2024 |
Market Cap | ₹5,476.3 Cr | |
Earnings-TTM | ₹159.8 Cr | TTM-Standalone Results |
Price/Earnings | 34.27x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ROLEX RINGS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹5,476.3 Cr] as on Nov 21,2024
(/) Earnings [ ₹159.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 34.27x ]
Thus, for ROLEX RINGS , the investors are currently willing to pay 34.27 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 ROLEX RINGS !
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 ROLEX RINGS over the last five years.
Historical PE (Price/Earnings) ratio chart of ROLEX RINGS
PE Ratio Performance Analysis for ROLEX RINGS
- ROLEX RINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 16.77x.
- ROLEX RINGS 's operated at median p/e ratio of 25.88x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ROLEX RINGS 's p/e ratio peaked in Mar2024 at 30.47x.
- ROLEX RINGS 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does ROLEX RINGS 's P/E Ratio benchmark against top 10 peers in Bearings Industry?
Peer Comparison (Bearings Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ROLEX RINGS | 159.81 | 34.27 | 5,476.3 |
SCHAEFFLER INDIA LTD | 945.72 | 55.79 | 52,757.2 |
TIMKEN INDIA LTD | 395.21 | 61.88 | 24,456.2 |
SKF INDIA LTD | 560.37 | 41.21 | 23,090.5 |
NRB BEARINGS LTD | 259.45 | 10.40 | 2,698.3 |
GALAXY BEARINGS LTD | 19.21 | 18.24 | 350.4 |
BIMETAL BEARINGS LTD | 6.85 | 36.12 | 247.4 |
VISHAL BEARINGS LTD | -0.81 | -139.22 | 112.8 |
SNL BEARINGS LTD | 9.18 | 15.54 | 142.7 |
Bearings Industry Benchmark (Top 10) PE Analysis vs ROLEX RINGS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -139.22x |
Max industry PE | 61.88x |
Median industry PE | 34.27x |
Average industry PE | 14.91x |
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