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SKF INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of SKF INDIA is 35.42.

Share Price ₹4,017.9Jan 29,2025
Market Cap ₹19,848.2 Cr
Earnings-TTM₹560.4 CrTTM-Consolidated Results
Price/Earnings35.42xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SKF INDIA

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 SKF INDIA is calculated as :

Current Market Cap [ ₹19,848.2 Cr] as on Jan 29,2025

(/) Earnings [ ₹560.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 35.42x ]

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

Thus, for SKF INDIA , the investors are currently willing to pay 35.42 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 SKF 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 SKF INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of SKF INDIA


PE Ratio Performance Analysis for SKF INDIA

- SKF INDIA 's latest p/e ratio is 35.42x.

- SKF INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2021 averaged 39.76x.

- SKF INDIA 's operated at median p/e ratio of 40.09x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, SKF INDIA 's p/e ratio peaked in Mar2022 at 44.29x.

- SKF INDIA 's p/e ratio hit its five-year low in Mar2024 of 37.3x.


How does SKF INDIA 's P/E Ratio benchmark against top 10 peers in Bearings Industry?

Peer Comparison (Bearings Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SKF INDIA 560.3735.4219,848.2
SCHAEFFLER INDIA LTD945.7252.7449,873.4
TIMKEN INDIA LTD395.2154.1321,392.2
ROLEX RINGS LTD159.8129.594,728.0
NRB BEARINGS LTD259.459.392,437.1
GALAXY BEARINGS LTD19.2114.92286.6
BIMETAL BEARINGS LTD6.8533.73231.0
VISHAL BEARINGS LTD-0.81-132.56107.4
SNL BEARINGS LTD9.1814.06129.1

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

Top 10 Industry PeersPE Ratio
Min industry PE -132.56x
Max industry PE 54.13x
Median industry PE 29.59x
Average industry PE 12.38x



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