GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bajaj Steel Industries Ltd (BOM:507944) » Definitions » Price-to-Owner-Earnings

Bajaj Steel Industries (BOM:507944) Price-to-Owner-Earnings : 31.54 (As of Apr. 29, 2024)


View and export this data going back to 1991. Start your Free Trial

What is Bajaj Steel Industries Price-to-Owner-Earnings?

As of today (2024-04-29), Bajaj Steel Industries's share price is ₹1285.50. Bajaj Steel Industries's Owner Earnings per Share (TTM) ended in Mar. 2023 was ₹40.76. It's Price-to-Owner-Earnings for today is 31.54.


The historical rank and industry rank for Bajaj Steel Industries's Price-to-Owner-Earnings or its related term are showing as below:

BOM:507944' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 1.24   Med: 6.26   Max: 43.27
Current: 31.54

During the past 13 years, the highest Price-to-Owner-Earnings of Bajaj Steel Industries was 43.27. The lowest was 1.24. And the median was 6.26.


BOM:507944's Price-to-Owner-Earnings is ranked worse than
61.29% of 1369 companies
in the Industrial Products industry
Industry Median: 23.37 vs BOM:507944: 31.54

As of today (2024-04-29), Bajaj Steel Industries's share price is ₹1285.50. Bajaj Steel Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹103.40. Therefore, Bajaj Steel Industries's PE Ratio for today is 12.43.

As of today (2024-04-29), Bajaj Steel Industries's share price is ₹1285.50. Bajaj Steel Industries's EPS without NRI for the trailing twelve months (TTM) ended in was ₹91.78. Therefore, Bajaj Steel Industries's PE Ratio without NRI for today is 14.01.

During the past 13 years, Bajaj Steel Industries's highest PE Ratio without NRI was 21.13. The lowest was 0.91. And the median was 8.60.


Bajaj Steel Industries Price-to-Owner-Earnings Historical Data

The historical data trend for Bajaj Steel Industries's Price-to-Owner-Earnings 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.

* Premium members only.

Bajaj Steel Industries Price-to-Owner-Earnings Chart

Bajaj Steel Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.70 1.26 2.64 6.40 26.17

Bajaj Steel Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Owner-Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 26.17 - - -

Competitive Comparison of Bajaj Steel Industries's Price-to-Owner-Earnings

For the Specialty Industrial Machinery subindustry, Bajaj Steel Industries's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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 Steel Industries's Price-to-Owner-Earnings Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bajaj Steel Industries's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Bajaj Steel Industries's Price-to-Owner-Earnings falls into.



Bajaj Steel Industries Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Bajaj Steel Industries's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=1285.50/40.76
=31.54

* 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 Steel Industries  (BOM:507944) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Bajaj Steel Industries Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of Bajaj Steel Industries's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


Bajaj Steel Industries (BOM:507944) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. C-108, MIDC Industrial Area, Hingna, Nagpur, MH, IND, 440 028
Bajaj Steel Industries Ltd is engaged in the manufacturing of Cotton ginning and Pressing Machineries, Prefabricated building structure, components, and allied products. Its operating segment includes the Steel Division and Plastic Division. The company generates maximum revenue from the Steel Division segment. It manufactures product such as Cotton Ginning and Pressing Machinery, Cotton Cleaning, Cotton Conveying, Cotton Humidification Systems, Cotton Baling Presses, Cotton Seed Processing, Pre-engineered Buildings, Electrical Control Panels, Fire Fighting Systems, Hydraulic Cylinder, Power packs, Specialty Conveyors and Master Batches and others.

Bajaj Steel Industries (BOM:507944) Headlines

No Headlines