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Bajaj Electricals (BOM:500031) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Bajaj Electricals Forward PE Ratio Related Terms
Bajaj Electricals Forward PE Ratio Historical Data
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The historical data trend for Bajaj Electricals's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bajaj Electricals Forward PE Ratio Chart
Bajaj Electricals Annual Data
Trend
2025-03
2026-03
Forward PE Ratio
30.37
25.80
Bajaj Electricals Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
34.91
30.37
43.50
40.78
27.33
25.80
29.55
BOM:500031 vs SN, SGI, MHK: Forward PE Ratio Comparison
For the Furnishings, Fixtures & Appliances subindustry, Bajaj Electricals's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bajaj Electricals Forward PE Ratio vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Bajaj Electricals's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Bajaj Electricals's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Bajaj Electricals (BOM:500031) has a Forward PE Ratio of 31.83 as of Aug. 25, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Bajaj Electricals and its competitors. According to the industry distribution chart, Bajaj Electricals ranks #146 out of 177 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 82.5%.
Is Bajaj Electricals' Forward PE Ratio too high?
Bajaj Electricals' current Forward PE Ratio is 31.83. The Furnishings, Fixtures & Appliances industry median Forward PE Ratio is 15.71. Bajaj Electricals' value of 31.83 is 102.6% above this industry median. Based on the distribution chart, Bajaj Electricals ranks #146 out of 177 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Bajaj Electricals has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bajaj Electricals' Forward PE Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Bajaj Electricals ranks #146 out of 177 companies for Forward PE Ratio. This places Bajaj Electricals in the lower half of its industry. The industry median Forward PE Ratio is 15.71. Bajaj Electricals' value of 31.83 is 102.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Furnishings, Fixtures & Appliances company?
The median Forward PE Ratio among Furnishings, Fixtures & Appliances companies is 15.71, based on 177 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bajaj Electricals's current Forward PE Ratio of 31.83 is 102.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Bajaj Electricals and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Forward PE Ratio is 15.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bajaj Electricals's current Forward PE Ratio is 31.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bajaj Electricals stock overvalued right now?
Based on GuruFocus' analysis, Bajaj Electricals (BOM:500031) is currently considered Possible Value Trap. The stock's GF Value™ is ₹646.29, compared to a current price of ₹334.40 — trading 48.3% below its estimated fair value. The current Forward PE Ratio is 31.83 and 102.6% above the Furnishings, Fixtures & Appliances industry median of 15.71. Bajaj Electricals' overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Bajaj Electricals (BOM:500031), the current Forward PE Ratio is 31.83 as of Aug. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bajaj Electricals (BOM:500031) Overvalued in 2026?
Based on GuruFocus' analysis, Bajaj Electricals stock appears to be undervalued.
The current stock price of ₹334.40 is trading 48.3% below its estimated GF Value™ of ₹646.29.
GuruFocus considers Bajaj Electricals to be Possible Value Trap.
Key valuation signals for BOM:500031:
Forward PE Ratio: 31.83
GF Value™: ₹646.29 vs. price of ₹334.40 (48.3% below fair value)
Industry Position: 102.6% above the Furnishings, Fixtures & Appliances median (#146 of 177)
No single metric tells the full story. See the BOM:500031 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bajaj Electricals Ltd is an Indian company that manufactures and sells consumer electrical appliances. The company's operating segment includes Consumer Products and Lighting. The Consumer Products segment, which is the key revenue driver, represents the sale of appliances, fans, and consumer lighting products. The Lighting segment includes professional lighting (B2B) and consumer lighting (B2C). The group has a business presence in India and outside India.
64GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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