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Balkrishna Industries Ltd PE Ratio

Balkrishna Industries Ltd PE Ratio

stocks purchased

₹ 0.8 Cr

Volume transacted

stocks purchased

2.6 K

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Last Updated time: 11 Oct 11:00 AM

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Balkrishna Industries Ltd

NSE: BALKRISIND

PE

36.3

Last updated: 11 Oct 10:59 AM

Key Highlights

  • The P/E Ratio of Balkrishna Industries Ltd is 36.3 as of 11 Oct 10:59 AM.
  • The P/E Ratio of Balkrishna Industries Ltd changed from 24.9 on March 2019 to 30.5 on March 2024 . This represents a CAGR of 3.44% over 6 years. .
  • The Latest Trading Price of Balkrishna Industries Ltd is ₹ 3012 as of 11 Oct 10:52.
  • The PE Ratio of Tyres Industry has changed from 19.7 to 31.8 in 5 years. This represents a CAGR of 10.05%.
  • The PE Ratio of Automobile industry is 21.8. The PE Ratio of Finance industry is 17.8. The PE Ratio of IT - Software industry is 30.3. The PE Ratio of Retail industry is 158.1. The PE Ratio of Textiles industry is 37.6. The PE Ratio of Tyres industry is 22.9. In 2024.

Historical P/E Ratio of Balkrishna Industries Ltd

No data available

Company Fundamentals for Balkrishna Industries Ltd

No data available

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Balkrishna Industries Ltd

NSE: BALKRISIND

PRICE

3012.9

-47.95 (-1.57%)

stock direction

Last updated: 11 Oct 10:52

Market price Over Time

1M

1Y

3Y

5Y

Monitoring Balkrishna Industries Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPriceleft
10 Oct 20243060.85
09 Oct 20243037.45
08 Oct 20242997.85
07 Oct 20242815.8
04 Oct 20242858
03 Oct 20242964
01 Oct 20243064.95
30 Sep 20243049.95
27 Sep 20243044.1
26 Sep 20243012.6

SWOT Analysis Of Balkrishna Industries Ltd

Strength

4

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Balkrishna Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Balkrishna Industries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/E Ratio

Company NamePEMarket Cap (INR Cr.)
Balkrishna Industries Ltd3659,171
MRF Ltd2756,052
Apollo Tyres Ltd1832,142
CEAT Ltd1712,071
JK Tyre & Industries Ltd1110,348
TVS Srichakra Ltd313,116

Key Valuation Metric of Balkrishna Industries Ltd

No data available

PE Ratio of Tyres Industry over time

PE Ratio of Top Sectors

Historical Market Cap of Balkrishna Industries Ltd

No data available

* All values are in crore

Historical Revenue of Balkrishna Industries Ltd

No data available

* All values are in crore

Historical EBITDA of Balkrishna Industries Ltd

No data available

* All values are in crore

Historical Net Profit of Balkrishna Industries Ltd

No data available

* All values are in crore

Historical Dividend Payout of Balkrishna Industries Ltd

No data available

* All values are in %

About Balkrishna Industries Ltd

  • Headquartered in Mumbai, India, Balkrishna Industries Limited (BKT) is engaged in the business of manufacturing and selling of Off-Highway Tyres (OHT) in the specialist segments such as Agricultural, Industrial & Construction, Earthmovers & Port, Mining, Forestry, Lawn & Garden and All-Terrain Vehicles (ATV) Tires. The Company has five state-of-the-art production sites in Aurangabad, Bhiwadi, Chopanki, Dombivali and Bhuj.
  • It operate four subsidiaries in Europe and North America viz.
  • BKT Europe S.r.l. in Seregno, Italy, BKT Tires USA Inc. in Akron, Ohio, BKT Tires Canada Inc. in Toronto, and BKT Tires, Inc. in Brentwood, Tennessee.
  • It sells products in 130 countries worldwide through a network of national distributors. Balkrishna Industries Ltd was incorporated on November 20, 1961.
  • The Company set up its first plant at Aurangabad in 1987.

Balkrishna Industries Ltd News Hub

News

Balkrishna Inds commissions advanced carbon material manufacturing facility

In February 2021, the board of the company had approved a proposal to to enhance the insta...

Read more

20 Sep 202411:33

News

Balkrishna Industries Ltd up for fifth session

Balkrishna Industries Ltd is up for a fifth straight session in a row. The stock is quotin...

Read more

06 Sep 202413:00

News

Balkrishna Inds Q1 PAT climbs 53% YoY, declares dividend of Rs 4/share

Revenue from operations jumped 26.86% to Rs 2,689.53 crore in the quarter ended June 2024 ...

Read more

12 Aug 202414:50

News

Board of Balkrishna Industries recommends 1st interim dividend

Balkrishna Industries announced that the Board of Directors of the Company at its meeting ...

Read more

09 Aug 202419:50

News

Balkrishna Industries to discuss results

Balkrishna Industries will hold a meeting of the Board of Directors of the Company on 9 Au...

Read more

03 Aug 202417:21

News

Balkrishna Industries to conduct AGM

Balkrishna Industries announced that the 62nd Annual General Meeting (AGM) of the company ...

Read more

27 Jun 202417:36

Product Composition

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Annual Reports

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FAQs for PE of Balkrishna Industries Ltd

What is the current PE Ratio of Balkrishna Industries Ltd?

The Current PE Ratio of Balkrishna Industries Ltd is 36.31 as on 11 Oct 2024.

What is the average PE Ratio of the Tyres industry?

The average industry PE Ratio of Tyres is 22.9 as on 11 Oct 2024.

What was the PE Ratio of Balkrishna Industries Ltd last year?

The PE Ratio of Balkrishna Industries Ltd was 35.68 last year, now the PE ratio is 36.31, showing a year-on-year growth of 1.8%.

What does the PE Ratio of Balkrishna Industries Ltd indicate about its stock?

The PE Ratio of Balkrishna Industries Ltd is 36.31. This ratio indicates that investors are willing to pay 36.31 times the earnings per share for each share of Balkrishna Industries Ltd.

What is the PE Ratio Growth of Balkrishna Industries Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Balkrishna Industries Ltd grew by 1.8% whereas, the EPS ratio grew by 0.7.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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