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ROLEX RINGS
PE (Price/Earnings) Ratio

The Current P/E Ratio of ROLEX RINGS is 34.27.

Share Price ₹2,013.4Nov 21,2024
Market Cap ₹5,476.3 Cr
Earnings-TTM₹159.8 CrTTM-Standalone Results
Price/Earnings34.27xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ROLEX RINGS

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 ROLEX RINGS is calculated as :

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 ]

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

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 latest p/e ratio is 34.27x.

- 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 RatioMarket Cap
ROLEX RINGS 159.8134.275,476.3
SCHAEFFLER INDIA LTD945.7255.7952,757.2
TIMKEN INDIA LTD395.2161.8824,456.2
SKF INDIA LTD560.3741.2123,090.5
NRB BEARINGS LTD259.4510.402,698.3
GALAXY BEARINGS LTD19.2118.24350.4
BIMETAL BEARINGS LTD6.8536.12247.4
VISHAL BEARINGS LTD-0.81-139.22112.8
SNL BEARINGS LTD9.1815.54142.7

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

Top 10 Industry PeersPE 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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