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Balkrishna Industries Ltd P/E Ratio

Balkrishna Industries Ltd P/E Ratio

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Balkrishna Industries Ltd

NSE: BALKRISIND

PE

38.6

Last updated : 23 May 14:36 PM

Key Highlights

    The P/E Ratio of Balkrishna Industries Ltd is 38.6 as of 23 May 14:36 PM .a1#The P/E Ratio of Balkrishna Industries Ltd changed from 24.9 on March 2019 to 35.7 on March 2023 . This represents a CAGR of 7.47% over 5 years. a1#The Latest Trading Price of Balkrishna Industries Ltd is ₹ 3052 as of 23 May 12:05 .a1#The PE Ratio of Tyres Industry has changed from 19.7 to 31.3 in 5 years. This represents a CAGR of 9.70%a1# The PE Ratio of Automobile industry is 27.2. The PE Ratio of Finance industry is 13.6. The PE Ratio of IT - Software industry is 27.9. The PE Ratio of Retail industry is 153.5. The PE Ratio of Textiles industry is 21.1. The PE Ratio of Tyres industry is 31.3. In 2023a1#The Market Cap of Balkrishna Industries Ltd changed from ₹ 19226 crore on March 2019 to ₹ 37729 crore on March 2023 . This represents a CAGR of 14.43% over 5 years. a1#The Revenue of Balkrishna Industries Ltd changed from ₹ 2725 crore to ₹ 2852 crore over 8 quarters. This represents a CAGR of 2.31% a1#The EBITDA of Balkrishna Industries Ltd changed from ₹ 549.7 crore to ₹ 851.86 crore over 8 quarters. This represents a CAGR of 24.49% a1#The Net Profit of Balkrishna Industries Ltd changed from ₹ 306.96 crore to ₹ 486.75 crore over 8 quarters. This represents a CAGR of 25.93% a1#The Dividend Payout of Balkrishna Industries Ltd changed from 20.4 % on March 2019 to 28.67 % on March 2023 . This represents a CAGR of 7.04% over 5 years. a1#

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P/E Ratio Over Time

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share. P/E Ratio Formula P/E ratio = (CMP of share/ Earning per share) Types of Price to Earning Ratio 1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance. 2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

P/E Ratio Over Time

Period
Mar '1924.9
Mar '2015.9
Mar '2127.8
Mar '2228.8
Mar '2335.7

Fundamental Metrics

Market Cap

60,162 Cr

EPS

64.4

P/E Ratio (TTM) *

38.6

P/B Ratio (TTM) *

5.8

Day’s High

3125.0

Day’s Low

3049.25

DTE *

0.4

ROE *

12.7

52 Week High

3164.9

52 Week Low

2193.85

ROCE *

13.1

* All values are consolidated

* All values are consolidated

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Balkrishna Industries Ltd

NSE: BALKRISIND

PRICE

3052.95

-59.15(-1.90%)

stock direction

Last updated : 23 May 12:05

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PRICE

The current market price or CMP refers to the price at which the securities are trading in the share market. Current price in Over-the-counter costs: The following current price depends upon the bid price & the asking price when a financial asset is sold over-the-counter(OTC). Current Price in Bond Market: The current price of a bond is determined by measuring the actual interest rate against the bid-related interest rate. The par or the face value is then calculated to represent the remaining interest payments due which occur before the maturity of the bond.

Share price Over Time

1M

1Y

3Y

5Y

* All values are in Rupees

SWOT Analysis Of Balkrishna Industries Ltd

Strength

1

S

Weakness

3

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Balkrishna Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value

Market Value

48,096

Asset Value

3,153

14.3 X

Value addition

* All values are in Rupees

PE Ratio Over Market Cap

Key Valuation Metric

Earnings

1,244 Cr

38.6 X

PE Ratio

Market Cap

₹48096Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio

PS Ratio

PB Ratio

Earnings

1,244 Cr

38.6 X

PE Ratio

Market Cap

₹48096Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Tyres Industry over time

PE Ratio of Top Sectors

Balkrishna Industries Ltd PE Ratio Calculation

  • The Price-to-Earnings (PE) ratio, also known as the P/E Ratio, is a fundamental financial metric used to assess the valuation of a company's stock in relation to its earnings performance. For Balkrishna Industries Ltd, the PE Ratio is calculated as follows:

P/E Ratio

=

Market Capitalization

Net Income

  • Given the current market conditions, Balkrishna Industries Ltd's Share Price stands at 3052.95. The Earnings per Share (Diluted) for the trailing twelve months (TTM) ending in 2024-05-23T12:05:00 is 64.38. Substituting the values into the formula, PE Ratio becomes as follows: PE Ratio = 3052.95/ 64.38= 38.64.

P/E Ratio

=

Stock Price

Earning Per Share

  • This indicates that Balkrishna Industries Ltd's stock is trading at approximately 38.64 times its earnings per share for the trailing twelve months. Alternatively, the PE Ratio can also be computed using the company's overall financial performance: PE Ratio = Market Cap / Net Income. Where Market Cap represents the total market capitalization of the company, and Net Income signifies the total earnings after expenses and taxes.

Understanding Balkrishna Industries Ltd’s PE Ratio (BSE: BALKRISIND)

    The Price-to-Earnings (PE) ratio, used to assess Balkrishna Industries Ltd's stock (BSE: BALKRISIND), indicates how many years it would take for the company to earn back the stock price. If a company earns ₹2 per share annually and its stock trades at ₹30, the PE ratio is 15, signifying a 15-year payback period assuming steady earnings. Earnings fluctuate, affecting the payback period, Growing earnings shorten the recovery time while declining earnings extend it. Shareholders favor shorter payback periods, preferring lower PE stocks. Among stocks with the same PE ratio, faster-growing businesses are preferred. A company with losses makes the PE ratio meaningless. Peter Lynch introduced the PEG ratio to compare stocks with different growth rates, dividing the PE ratio by the growth rate. A company is considered fairly valued when its PE ratio matches its growth rate. The PE ratio, applicable across industries, measures stock valuation based on earnings power. It indicates how quickly an investment can be recouped. Unlike the PB ratio, which assesses valuation based on the balance sheet, the PE ratio focuses on earnings. Overall, the PE ratio provides insights into stock valuation, aligning with investors' preference for faster returns.

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Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '1919226
Mar '2015293
Mar '2132679
Mar '2241338
Mar '2337730

* All values are a in crore

×

Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '222725
Sep '222884
Dec '222211
Mar '222374
Jun '232265
Sep '232360
Dec '232340
Mar '232853

* All values are a in crore

×

EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '22550
Sep '22653
Dec '22314
Mar '22537
Jun '23607
Sep '23640
Dec '23606
Mar '23852

* All values are a in crore

×

Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '22307
Sep '22382
Dec '22108
Mar '22260
Jun '23332
Sep '23347
Dec '23305
Mar '23487

* All values are a in crore

×

Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '1920
Mar '2045
Mar '2128
Mar '2238
Mar '2329

* All values are a in %

About Balkrishna Industries Ltd

About Balkrishna Industries Ltd

    The Company has five state-of-the-art production sites in Aurangabad, Bhiwadi, Chopanki, Dombivali and Bhuj. in Seregno, Italy, BKT Tires USA Inc. in Akron, Ohio, BKT Tires Canada Inc. in Toronto, and BKT Tires, Inc. in Brentwood, Tennessee. In August 30, 2006, the company incorporated BKT Europe srl in Italy as a wholly owned subsidiary company and in January 2007 they incorporated BKT Exim Ltd as a wholly owned subsidiary. The company revised the said capacity to 1,40,000 MTs p.a during the financial year under consideration. Considering the present uncertain situation, this project is expected to be completed by 30th September, 2021. It commissioned modernization, automation and technology upgradation at its Bhiwadi, Chopanki and Bhuj Plants.

Balkrishna Industries Ltd News Hub

News

Board of Balkrishna Industries recommends final dividend

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

Read more

18 May 2024 09:26

News

Volumes spurt at Balkrishna Industries Ltd counter

Pfizer Ltd, HFCL Ltd, Delhivery Ltd, Astral Ltd are among the other stocks to see a surge ...

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18 May 2024 11:00

News

Balkrishna Industries Ltd up for five straight sessions

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

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18 May 2024 13:00

News

Balkrishna Inds hits the roof after Q4 PAT climbs 88% YoY to Rs 487 cr

Profit before tax soared to Rs 646.84 crore in the quarter ended 31 March 2024, registerin...

Read more

18 May 2024 13:05

News

Balkrishna Industries Ltd up for third consecutive session

Balkrishna Industries Ltd rose for a third straight session today. The stock is quoting at...

Read more

16 May 2024 13:05

News

Balkrishna Industries to announce Quarterly Result

Balkrishna Industries will hold a meeting of the Board of Directors of the Company on 17 M...

Read more

11 May 2024 11:40

Product Composition by Percentage (Revenue)

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Annual Reports

Annual Report 2023

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FAQs for PE of Balkrishna Industries Ltd

What is Balkrishna Industries Ltd current share price?

The current market price of Balkrishna Industries Ltd as of May 23, 2024 is ₹3052.95.

Is Balkrishna Industries Ltd a good investment?

As per BlinkX Score Balkrishna Industries Ltd scores 87 in Revenue, 63 in Profitability. However it's advisable to conduct comprehensive research or seek advice from experts to evaluate whether it aligns with your investment objectives.

What are Balkrishna Industries Ltd's total net assets?

According to Balkrishna Industries Ltd's most recent financial filings, the company's net assets total ₹3153.4 Cr.

Is Balkrishna Industries Ltd making a profit or loss?

Balkrishna Industries Ltd's net Profit as of May 23, 2024 is close to ₹1,244 Cr.
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