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Balu Forge Industries Ltd P/E Ratio

Balu Forge Industries Ltd P/E Ratio

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Balu Forge Industries Ltd

NSE: BALUFORGE

PE

34

Last updated : 18 May 12:33 PM

Key Highlights

    The P/E Ratio of Balu Forge Industries Ltd is 34 as of 18 May 12:33 PM .a1#The P/E Ratio of Balu Forge Industries Ltd changed from 188.9 on March 2021 to 18.8 on March 2023 . This represents a CAGR of -53.66% over 3 years. a1#The Latest Trading Price of Balu Forge Industries Ltd is ₹ 313.25 as of 18 May 15:30 .a1#The PE Ratio of Capital Goods-Non Electrical Equipment Industry has changed from 10.6 to 33.0 in 5 years. This represents a CAGR of 25.50%a1# The PE Ratio of Automobile industry is 27.2. The PE Ratio of Capital Goods-Non Electrical Equipment industry is 33.0. 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 94.8. The PE Ratio of Textiles industry is 21.1. In 2023a1#The Market Cap of Balu Forge Industries Ltd changed from ₹ 1438 crore on March 2021 to ₹ 731.44 crore on March 2023 . This represents a CAGR of -20.18% over 3 years. a1#The Revenue of Balu Forge Industries Ltd changed from ₹ 55.81 crore to ₹ 165.55 crore over 8 quarters. This represents a CAGR of 72.23% a1#The EBITDA of Balu Forge Industries Ltd changed from ₹ 10.82 crore to ₹ 38.77 crore over 8 quarters. This represents a CAGR of 89.29% a1#The Net Profit of Balu Forge Industries Ltd changed from ₹ 7.4 crore to ₹ 28.28 crore over 8 quarters. This represents a CAGR of 95.49% a1#The Dividend Payout of Balu Forge Industries Ltd changed from 2.7 % on March 2019 to 0 % on March 2023 . This represents a CAGR of -100.00% over 2 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 '21188.9
Mar '2232.8
Mar '2318.8

Fundamental Metrics

Market Cap

3,212 Cr

EPS

9.1

P/E Ratio (TTM) *

34.0

P/B Ratio (TTM) *

5.8

Day’s High

315.6

Day’s Low

310.15

DTE *

0.1

ROE *

16.9

52 Week High

317.0

52 Week Low

98.23

ROCE *

21.2

* All values are consolidated

* All values are consolidated

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Balu Forge Industries Ltd

NSE: BALUFORGE

PRICE

313.25

0.15(0.05%)

stock direction

Last updated : 18 May 15:30

×

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 Balu Forge Industries Ltd

Strength

2

S

Weakness

4

W

Opportunity

0

O

Threats

0

T

Asset Value vs Market Value

Market Value

3,184

Asset Value

301

9.6 X

Value addition

* All values are in Rupees

PE Ratio Over Market Cap

Key Valuation Metric

Earnings

93 Cr

34.0 X

PE Ratio

Market Cap

₹3184Cr

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

93 Cr

34.0 X

PE Ratio

Market Cap

₹3184Cr

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 Capital Goods-Non Electrical Equipment Industry over time

PE Ratio of Top Sectors

Balu Forge 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 Balu Forge Industries Ltd, the PE Ratio is calculated as follows:

P/E Ratio

=

Market Capitalization

Net Income

  • Given the current market conditions, Balu Forge Industries Ltd's Share Price stands at 313.25. The Earnings per Share (Diluted) for the trailing twelve months (TTM) ending in 2024-05-18T00:00:00 is 9.13. Substituting the values into the formula, PE Ratio becomes as follows: PE Ratio = 313.25/ 9.13= 34.0.

P/E Ratio

=

Stock Price

Earning Per Share

  • This indicates that Balu Forge Industries Ltd's stock is trading at approximately 34.0 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 Balu Forge Industries Ltd’s PE Ratio (BSE: BALUFORGE)

    The Price-to-Earnings (PE) ratio, used to assess Balu Forge Industries Ltd's stock (BSE: BALUFORGE), 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 '211439
Mar '22980
Mar '23731

* 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 '2256
Sep '2267
Dec '2292
Mar '22124
Jun '23112
Sep '23143
Dec '23149
Mar '23166

* 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 '2211
Sep '2210
Dec '2220
Mar '2221
Jun '2322
Sep '2334
Dec '2335
Mar '2339

* 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 '227
Sep '225
Dec '2211
Mar '2215
Jun '2317
Sep '2323
Dec '2325
Mar '2328

* 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 '190
Mar '200
Mar '210
Mar '223
Mar '230

* All values are a in %

About Balu Forge Industries Ltd

About Balu Forge Industries Ltd

    Bell Agro Machina Limited (formerly known as Amaze Entertech Limited) is a Public Limited Company, incorporated in March 17, 1989. The Company was founded under the leadership of Late Mr. Prehlad Singh Chandock. The Company is in the business of manufacturing of steel forging products. The Company is a preferred supplier of crankshafts to OEM's in India and around the world with manufacturing facilities at Belagavi in Karnataka. The Company was the first entity in India to mass-produce Crankshafts suitable for Tractor, Trucks and Passenger car applications. The Company developed a very extensive range of components for leading Original Equipment Manufacturers within India and the rest of the world & established a strong aftermarket presence in over 80 countries. The ISO/TS1 6949: 2009 accreditation of units in 2012 by TUV Nord Cert Gmbh added to competitive edge making Balu one of the very few companies to have this accreditation and symbolizing quality & excellence in the field of manufacturing crankshafts. The Company have the capability to forge any components via the closed die production route & offer the same as Raw Forged, Semi Finished, Fully Finished & Fully Assembled. It offer a range of Precision Machining Options & each process is tailored to the component in Production. It also secured & successfully supplied for over 5 years to Defense Forces in two prominent European Countries and executed supply as a single source to these nations. The Company's solution ranges from a range of products through the Space of BEVs /PHEVs /Hydrogen Vehicles. The process involved conventional automotive excellence partnered with the incremental innovation to offer minimum weight, maximum load-bearing capacity, high reliability & overall cost-effectiveness. A state of the art dedicated R&D Centre is presently under construction which will spread over 8000 Square Meters & serve as the backbone of the Company's new direction. The R&D center will also house Naya Energy Work's R&D Division. A number of new material chemistry have been worked on during the many R&D Projects to assess the material compositions & applications of newer metals. The New Energy Era has led to a number of opportunities & rise to newer applications of conventional metals with innovative manufacturing processes. The Company use a number of additive manufacturing methodologies for rapid prototyping & new product development. This ensures flexibility & speed in the New Product Development process & ensures a rapid development of New Prototypes. The use of 3D scanning also adds efficiency & speeds up the entire design & development process. The In-house infrastructure for 3D scanning can measure up to 5 Million points in 2 seconds & 7-20 pm accuracy. The Additive Manufacturing Centre also formulates a good foundation for company's venture in the Aerospace Industry with a large product portfolio that now is possible by the Additive Manufacturing Methodology. 3D printing also is a key area as part of in-house tool room strategy as key components from the manufacturing process can now be produced inhouse in the 3D printing center. The machining facilities are well supported with state-of-the-art Infrastructure namely, Comprehensive In-House Tool Room, Metallurgical Labs, Design & Process Facilities and Inspection & Tests Facilities. The Company is now an avant-garde manufacturer of fully finished and semi-finished forged crankshafts and other forged components. The Company's incremental innovation & continuous strive to improve has awarded by making the only company to have the capability to manufacture components conforming to the New Emission Regulations & the New Energy Vehicles. The Company continually strove to broaden manufacturing base and with the acquisition of state of the art production lines from Poland in the year 2006 and 2011 from France. Its capability has expanded to produce crankshafts up to 2.5 meters in length and the installed capacity has increased to 30,000 fully finished crankshafts per month. In 1991, the first range of component was manufactured and developed at the Company's factory. In 1995, the first component was exported to an overseas market by the Company. In the period of 1999-2004, the Company bagged the ACMA export award for excellence in exports. The Company purchased & installed the Ursus Manufacturing Plant from Ursus, Poland in the year 2006. In 2010, the Company purchased & installed the the Thyssenkrupp Plant from L'horme, France. In 2011, the company successfully achieved the milestone of building a presence in over 80 countries worldwide. In 2012, the Company got accredited with ISO/TS 16949:2009 accreditation from world renowned company TUV NORD. The Company coined Concurrent Engineering' to achieve better flexibility & speed in development of projects during the year 2013. In 2014, the company achieved manufacturing of 1000 crankshafts in a single day. In FY 2014-15, the Company delisted its shares from Bangalore Stock Exchange Limited vide its order dated 22nd August 2014. The Shares of the Company are listed and traded on BSE Limited. During FY 2014-15, the Company reduced the Capital of Company to Rs. 35,00,000 divided into 3,50,000 equity shares of Rs. 10/- each by canceling 31,50,000 equity shares of Rs. 10/- each aggregating to Rs. 3,15,00,000/- after receiving approval from the Hon'ble High Court of Bombay vide their order dated September 26, 2014. In 2015, the Company manufactured & supplied components on railways & military application. In 2016, the Company established as a second source to Bharat Forge in the manufacturing of crankshafts. The Company became a supplier of choice to over 25 OEs spread over 6 Continents in the year 2017. During the year 2017, the name of the Company was change from Bell Agro Machina Limited to Amaze Entertech Limited and the object clause of the Company was altered to include the Object Clauses related to Information Technology and allied areas of operations vide special resolution passed through postal ballot conducted pursuant to section 110 of the companies act, 2013, read with rule 22 of the companies (management and administration) rules, 2014 on January 17, 2017. In 2018, the Company set up operations at the newly acquired Forging Factory. The Company laid the foundation to establish a new 25 acre factory in Belgaum, Karnataka and sought birth of Naya Enery, with a focus on New Energy Solutions. In 2019, the Company achieved 100% in- house production & laid the foundation for the new 6400 T & 8000 Press lines. The Company became an approved vendor to the majority of the 41 Ordnance Factories, a part of Ordnance Factory Board in India and for supply of 181 Components to the above factories in FY 2020. The Company got accredited with the 14001: 2015 & ISO 45001: 2018 Certifications during the same period. Mr. Jaspalsingh Chandock (Proprietor of M/s. Balu India) had a strategic vision of expansion and to achieve the same, considered business expansion, through reverse merger of M/s. Balu India with Amaze Entertech Limited (the Company). During 2020-21, the Company vide Business Succession Agreement dated 3 August 2021 agreed to acquire the business of M/s Balu India, a sole proprietary concern of which the business was conducted by a Proprietor Mr. Jaspalsingh Chandock. The name of Amaze Entertech Limited changed to Balu Forge Industries Limited with effect from 30 September, 2020. In accordance with the terms and conditions set out in the agreement, in consideration for succession of the business, the Company has issued on preferential allotment basis and Mr. Jaspalsingh Chandock (the Proprietor of M/s. Balu India) has subscribed, 4,78,40,000 Equity Shares of the Company without cash consideration, on 24 September 2020, resulted in the proprietor own the majority of shares and control the majority of votes in the combined entity BFIL. The Company has also made preferential allotment of 2,04,25,000 equity shares of Rs. 10/- each for cash at par to the Non Promoters (Public Category). During the year 2021, the Board approved the investment in Safa Otomotiv FZ- LLC in Dubai as a wholly owned subsidiary .

Balu Forge Industries Ltd News Hub

News

Balu Forge posts nearly 86% YoY rise in Q4 PAT; EBITDA margin at 21.33%

Total operating expenditure during the period rose by 22.96% year-over-year to Rs 126.79 c...

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15 May 2024 11:47

News

Balu Forge Industries to declare Quarterly Result

Balu Forge Industries will hold a meeting of the Board of Directors of the Company on 14 M...

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07 May 2024 18:09

News

Balu Forge Industries Ltd leads losers in 'B' group

Signpost India Ltd, Raj Oil Mills Ltd, Parshva Enterprises Ltd and Swelect Energy Systems ...

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29 Apr 2024 14:45

News

Balu Forge Industries to hold board meeting

Balu Forge Industries will hold a meeting of the Board of Directors of the Company on 3 Fe...

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25 Jan 2024 17:11

News

Balu Forge Industries to declare Quarterly Result

Balu Forge Industries will hold a meeting of the Board of Directors of the Company on 31 O...

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20 Oct 2023 11:28

News

Balu Forge Industries to convene AGM

Balu Forge Industries announced that the 34th Annual General Meeting (AGM) of the company ...

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07 Sep 2023 10:54

Product Composition by Percentage (Revenue)

FAQs for PE of Balu Forge Industries Ltd

What is Balu Forge Industries Ltd current share price?

The current market price of Balu Forge Industries Ltd as of May 18, 2024 is ₹313.25.

What is Balu Forge Industries Ltd's market cap?

Balu Forge Industries Ltd's market capitalisation stood at ₹3,184 Cr as of May 18, 2024

What are Balu Forge Industries Ltd's total net assets?

According to Balu Forge Industries Ltd's most recent financial filings, the company's net assets total ₹301.0 Cr.

Is Balu Forge Industries Ltd making a profit or loss?

Balu Forge Industries Ltd's net Profit as of May 18, 2024 is close to ₹93 Cr.
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