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Balkrishna Industries Ltd PE Ratio

Balkrishna Industries Ltd PE Ratio

stocks purchased

₹ 0.6 Cr

Volume Transacted

(Nov 22, 2024)

stocks purchased

2.2 K

Stocks Traded

(Nov 22, 2024)

Last Updated on: Nov 22, 2024

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Balkrishna Industries Ltd

NSE: BALKRISIND

PE

32.3

Last updated on: Nov 22, 2024

Key Highlights

  • The P/E Ratio of Balkrishna Industries Ltd is 32.3 as of 22 Nov 15:30 PM .
  • 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 ₹ 2765 as of 22 Nov 15:30 .
  • 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 20.3. 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 157.7. 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

Share Price

₹ 2765.65

42.20 (1.55%)

stock direction

Last updated on: Nov 22, 2024

Market Price of Balkrishna Industries Ltd

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
leftPrice (₹)right
22 Nov 20242765.65
21 Nov 20242723.45
19 Nov 20242767.9
18 Nov 20242748
14 Nov 20242739.9
13 Nov 20242662.55
12 Nov 20242738.45
11 Nov 20242784.25
08 Nov 20242832.1
07 Nov 20242866.25

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 Ltd3252,648
MRF Ltd2752,817
Apollo Tyres Ltd2031,418
CEAT Ltd1911,516
JK Tyre & Industries Ltd129,904
TVS Srichakra Ltd392,744

Key Valuation Metric of Balkrishna Industries Ltd

No data available

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 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

2024-08-12 00:00:00

News

Balkrishna Industries consolidated net profit rises 47.64% in the June 2024 quarter

Net profit of Balkrishna Industries rose 47.64% to Rs 489.99 crore in the quarter ended Ju...

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2024-08-10 00:00:00

News

Board of Balkrishna Industries recommends 1st interim dividend

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

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2024-08-09 00:00:00

News

Balkrishna Industries fixes record date for 1st interim dividend

Balkrishna Industries has fixed 20 August 2024 as record date for the purpose of ascertain...

Read more

2024-08-05 00:00:00

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

2024-08-03 00:00:00

Product Composition

Document

Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

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 32.32 as on 22 Nov 2024.

What is the average PE Ratio of the Tyres industry?

The average industry PE Ratio of Tyres is 22.9 as on 22 Nov 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 32.32, showing a year-on-year growth of -9.4%.

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

The PE Ratio of Balkrishna Industries Ltd is 32.32. This ratio indicates that investors are willing to pay 32.32 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 -9.4% whereas, the EPS ratio grew by -29.2.
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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