SCHAEFFLER INDIA
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The Current P/E Ratio of SCHAEFFLER INDIA is 57.74.
Share Price | ₹3,493.7 | Nov 27,2024 |
Market Cap | ₹54,605.7 Cr | |
Earnings-TTM | ₹945.7 Cr | TTM-Standalone Results |
Price/Earnings | 57.74x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SCHAEFFLER INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹54,605.7 Cr] as on Nov 27,2024
(/) Earnings [ ₹945.7 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 57.74x ]
Thus, for SCHAEFFLER INDIA , the investors are currently willing to pay 57.74 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 SCHAEFFLER INDIA !
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 SCHAEFFLER INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of SCHAEFFLER INDIA
PE Ratio Performance Analysis for SCHAEFFLER INDIA
- SCHAEFFLER INDIA 's p/e ratio for fiscal years ending Dec2023 to Dec2019 averaged 26.07x.
- SCHAEFFLER INDIA 's operated at median p/e ratio of 9.75x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SCHAEFFLER INDIA 's p/e ratio peaked in Dec2023 at 55.06x.
- SCHAEFFLER INDIA 's p/e ratio hit its five-year low in Dec2019 of 7.99x.
How does SCHAEFFLER INDIA 's P/E Ratio benchmark against top 10 peers in Bearings Industry?
Peer Comparison (Bearings Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
SCHAEFFLER INDIA | 945.72 | 57.74 | 54,605.7 |
TIMKEN INDIA LTD | 395.21 | 63.42 | 25,064.8 |
SKF INDIA LTD | 560.37 | 43.88 | 24,587.0 |
ROLEX RINGS LTD | 159.81 | 34.49 | 5,511.2 |
NRB BEARINGS LTD | 259.45 | 10.62 | 2,755.0 |
GALAXY BEARINGS LTD | 19.21 | 17.71 | 340.3 |
BIMETAL BEARINGS LTD | 6.85 | 36.30 | 248.6 |
VISHAL BEARINGS LTD | -0.81 | -135.28 | 109.6 |
SNL BEARINGS LTD | 9.18 | 15.97 | 146.7 |
Bearings Industry Benchmark (Top 10) PE Analysis vs SCHAEFFLER INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -135.28x |
Max industry PE | 63.42x |
Median industry PE | 34.49x |
Average industry PE | 16.09x |
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