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NRB Bearings Ltd P/E Ratio

NRB Bearings Ltd P/E Ratio

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NRB Bearings Ltd

NSE: NRBBEARING

PE

28.8

Last updated : 18 May 15:30 pm

Key Highlights

    The P/E Ratio of NRB Bearings Ltd is 28.8 as of 18 May 15:30 pm .a1#The P/E Ratio of NRB Bearings Ltd changed from 17 on March 2019 to 13.8 on March 2023 . This represents a CAGR of -4.09% over 5 years. a1#The Latest Trading Price of NRB Bearings Ltd is ₹ 321.6 as of 18 May 15:30 .a1#The PE Ratio of Bearings Industry has changed from 21.3 to 47.1 in 5 years. This represents a CAGR of 17.20%a1# The PE Ratio of Automobile industry is 27.2. The PE Ratio of Bearings industry is 47.1. 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 NRB Bearings Ltd changed from ₹ 1837 crore on March 2019 to ₹ 1298 crore on March 2023 . This represents a CAGR of -6.71% over 5 years. a1#The Revenue of NRB Bearings Ltd changed from ₹ 239.53 crore to ₹ 449.98 crore over 7 quarters. This represents a CAGR of 43.38% a1#The EBITDA of NRB Bearings Ltd changed from ₹ 46.35 crore to ₹ 227.3 crore over 7 quarters. This represents a CAGR of 148.08% a1#The Net Profit of NRB Bearings Ltd changed from ₹ 24.46 crore to ₹ 166.12 crore over 7 quarters. This represents a CAGR of 198.82% a1#The Dividend Payout of NRB Bearings Ltd changed from 25.51 % on March 2019 to 11.29 % on March 2023 . This represents a CAGR of -15.04% 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 '1917
Mar '2017.9
Mar '2119.4
Mar '2215.2
Mar '2313.8

Fundamental Metrics

Market Cap

3,117 Cr

EPS

11.2

P/E Ratio (TTM) *

28.8

P/B Ratio (TTM) *

4.7

Day’s High

327.6

Day’s Low

318.45

DTE *

0.5

ROE *

14.9

52 Week High

400.75

52 Week Low

130.0

ROCE *

16.4

* All values are consolidated

* All values are consolidated

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NRB Bearings Ltd

NSE: NRBBEARING

PRICE

321.6

2.55(0.80%)

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 NRB Bearings Ltd

Strength

2

S

Weakness

0

W

Opportunity

0

O

Threats

1

T

Asset Value vs Market Value

Market Value

3,117

Asset Value

744

3.2 X

Value addition

* All values are in Rupees

PE Ratio Over Market Cap

Key Valuation Metric

Earnings

242 Cr

28.8 X

PE Ratio

Market Cap

₹3117Cr

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

242 Cr

28.8 X

PE Ratio

Market Cap

₹3117Cr

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 Bearings Industry over time

PE Ratio of Top Sectors

NRB Bearings 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 NRB Bearings Ltd, the PE Ratio is calculated as follows:

P/E Ratio

=

Market Capitalization

Net Income

  • Given the current market conditions, NRB Bearings Ltd's Share Price stands at 321.6. The Earnings per Share (Diluted) for the trailing twelve months (TTM) ending in 2024-05-18T00:00:00 is 11.17. Substituting the values into the formula, PE Ratio becomes as follows: PE Ratio = 321.6/ 11.17= 28.79.

P/E Ratio

=

Stock Price

Earning Per Share

  • This indicates that NRB Bearings Ltd's stock is trading at approximately 28.79 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 NRB Bearings Ltd’s PE Ratio (BSE: NRBBEARING)

    The Price-to-Earnings (PE) ratio, used to assess NRB Bearings Ltd's stock (BSE: NRBBEARING), 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.

×

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 '191838
Mar '20573
Mar '211052
Mar '221115
Mar '231298

* 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 '22240
Sep '22261
Dec '22265
Mar '22315
Jun '23277
Sep '23284
Dec '23450

* 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 '2246
Sep '2234
Dec '2249
Mar '2259
Jun '2345
Sep '2351
Dec '23227

* 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 '2224
Sep '2213
Dec '2223
Mar '2235
Jun '2319
Sep '2325
Dec '23166

* 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 '1926
Mar '2028
Mar '2111
Mar '2228
Mar '2311

* All values are a in %

About NRB Bearings Ltd

About NRB Bearings Ltd

    NRB Bearings, an Indo-French JV venture between Nadella, France and Trilochan Sahney is into manufacture of Needle roller bearings, Cylindrical roller bearings and Ball bearings. It pioneered the manufacture of needle roller bearings in India. The French partner holds 26% stake in the company. The Timken Co. USA in Oct 2002 which has acquired Engineered Solutions Business segment of Ingersoll-Rand Ltd as part of world wide acquisition. By this worldwide acquisition Timken got the voting rights of Nadella S.A. the JV partner thus resulting in Timken picking up a default acquisition of 26% equity stke in NRB Bearings. The company's activities are organised into three divisions -- general bearings, needle bearings and agency. The general bearings division set up in 1982 manufactures cylindrical roller bearings. It later diversified into spherical roller bearings and ball bearings in technical collaboration with Ransome Hoffman Pollard International (RHP), UK. In 1995, its product range was diversified again by including taper roller bearings with technical knowhow from SNR Roulements, France. In Apr.'91, Sahney Steel and Press Works was merged with it. NRB's list of customers include Maruti Udyog, Mahindra & Mahindra, Telco, Ashok Leyland, Bajaj Tempo, Bajaj Auto, LML, TAFE, Siemens, ABB, HMT, Kelvinator, Lucas TVS and LMW. The company's agency division, set up in 1980, acts as an intermediary for a number of foreign companies in UK, France, Germany and Switzerland such as RHP, Gamet, Nadella, Rollix, IBC, Rohm, Schneeberger, Kugler SA and Forsheda. NRB Bearings came out with a public issue in Mar.'95 to finance the installation of balancing equipment at its Jalna unit to increase productivity. The company has set up an engineering center at Thane to foster technological innovation and to move towards becoming a bearings solution provider. To further develop knowledge on bearing applications, the full fledged testing facilities and computer aided design center has been setup. The company has implemented expansion for enhanced capacity in the general bearings division, which has resulted in additional capacity of 2.1 million nos. for various type of ball and roller bearings in the year 1999-2000. The Company have a joint vernture comany and two subsidiary companies. The jointventure company NRB Torrington is set up in collaboration with the Torrington Company, US. to manufacture wide inner ring ball bearings and housed units. Commercial production of this company started during the year 1994-95. Essen Marketing Services Ltd., one of the subsidiary of the company is into agency business. While the other SNL Bearings(SNL) formerly Shriram Needle Bearing Industries Ltd., is into manufacture of Needle Roller Bearings. SNL became the subsidiary of NRB Bearings with effective from June 1, 2001 by the acquisition of 63.98% of the equity capital of SNL partly from SRF Ltd. and their associates (45.78%) and under the public offer made under SEBI guidelines. Currently the parent company is taking various measures for SNL's turnaround. This acquisition will enable the company to become significantly stronger player in the needle bearing segment in the country. On quality front all the plants of the company and its corporate office is accredited with QS-9000 certificate by TUV, the internationally acclaimed registrars. Earlier the company and all its plants have been certified for ISO-9002. The Pantnagar plant of the company in the state of Uttarakhand was inaugaurated on 7th May, 2008. During FY 2012-13, the Scheme of arrangement for the demerger of industrial bearings undertaking of the Company into NRB Industrial Bearings Limited (NIBL) became effective from 1st October, 2012. Consequent to the said Scheme of amalgamation, all the assets and liabilities relating to industrial bearings business of the Company on the appointed date got transferred to NIBL on a going concern basis. Upon the Scheme of Arrangement becoming effective from 1st October, 2012, NRB Industrial Bearings Ltd (NIBL) and Scheneeberger India Pvt. Ltd. have ceased to be a subsidiary and joint venture company respectively. NRB Bearings Europe GmbH, a wholly owned subsidiary was set up during the year 2014-15.

NRB Bearings Ltd News Hub

News

NRB Bearings to discuss results

NRB Bearings will hold a meeting of the Board of Directors of the Company on 28 March 2024...

Read more

28 Mar 2024 09:38

News

NRB Bearings to discuss results

NRB Bearings will hold a meeting of the Board of Directors of the Company on 13 February 2...

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05 Feb 2024 11:18

News

NRB Bearings Ltd leads gainers in 'B' group

Hindustan Organic Chemicals Ltd, Vineet Laboratories Ltd, Parshva Enterprises Ltd and 3i I...

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29 Dec 2023 12:15

News

NRB Bearings to announce Quarterly Result

NRB Bearings will hold a meeting of the Board of Directors of the Company on 13 November 2...

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08 Nov 2023 12:16

News

NRB Bearings to hold AGM

NRB Bearings announced that the Annual General Meeting (AGM) of the company will be held o...

Read more

08 Sep 2023 14:35

News

NRB Bearings to hold board meeting

NRB Bearings will hold a meeting of the Board of Directors of the Company on 7 September 2...

Read more

31 Aug 2023 16:01

Product Composition by Percentage (Revenue)

FAQs for PE of NRB Bearings Ltd

What is NRB Bearings Ltd current share price?

The current market price of NRB Bearings Ltd as of May 18, 2024 is ₹321.60.

What is NRB Bearings Ltd's market cap?

NRB Bearings Ltd's market capitalisation stood at ₹3,117 Cr as of May 18, 2024

What are NRB Bearings Ltd's total net assets?

According to NRB Bearings Ltd's most recent financial filings, the company's net assets total ₹743.8 Cr.

Is NRB Bearings Ltd making a profit or loss?

NRB Bearings Ltd's net Profit as of May 18, 2024 is close to ₹242 Cr.
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