Bhagyanagar India (BOM:512296) PE Ratio without NRI: 24.82 (As of Jul. 17, 2026) — 31% Above Median

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BOM:512296 Bhagyanagar India Ltd BOM:512296
59 GF Score
Price ₹389.50
GF Value ₹140.76
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Bhagyanagar India PE Ratio without NRI?

Bhagyanagar India BOM:512296 +4.82% 59 PE Ratio without NRI is 24.82 as of Jul. 17, 2026, which is 31% above its 10-year median of 18.97. GuruFocus rates BOM:512296 with a GF Score™ of 59/100 and a GF Value™ of ₹140.76 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 646 Metals & Mining companies, Bhagyanagar India ranks worse than 69.66% on this metric.

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2026-07-17), Bhagyanagar India's share price is ₹389.50. Bhagyanagar India's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹15.69. Therefore, Bhagyanagar India's PE Ratio without NRI for today is 24.82.

During the past 13 years, Bhagyanagar India's highest PE Ratio without NRI was 155.71. The lowest was 3.61. And the median was 18.97.

Bhagyanagar India's EPS without NRI for the three months ended in Mar. 2026 was ₹5.78. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹15.69.

As of today (2026-07-17), Bhagyanagar India's share price is ₹389.50. Bhagyanagar India's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹15.69. Therefore, Bhagyanagar India's PE Ratio (TTM) for today is 24.82.

Warning Sign:

Bhagyanagar India Ltd stock PE Ratio (=24.66) is close to 1-year high of 24.99.

During the past years, Bhagyanagar India's highest PE Ratio (TTM) was 155.71. The lowest was 3.61. And the median was 18.97.

Bhagyanagar India's EPS (Diluted) for the three months ended in Mar. 2026 was ₹5.78. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹15.69.

Bhagyanagar India's EPS (Basic) for the three months ended in Mar. 2026 was ₹5.78. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹15.69.


Bhagyanagar India  (BOM:512296) PE Ratio without NRI Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio without NRI measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.


Bhagyanagar India PE Ratio without NRI Related Terms


Bhagyanagar India PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Bhagyanagar India's PE Ratio without NRI 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.

Bhagyanagar India PE Ratio without NRI Chart

Bhagyanagar India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.14 14.71 19.93 16.84 8.79

Bhagyanagar India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PE Ratio without NRI 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 16.84 12.79 11.05 14.14 8.79

BOM:512296 vs SCCO, FCX: PE Ratio without NRI Comparison

For the Copper subindustry, Bhagyanagar India's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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.


Bhagyanagar India PE Ratio without NRI vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Bhagyanagar India's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Bhagyanagar India's PE Ratio without NRI falls into.


BOM:512296
59GF Score
Bhagyanagar India Ltd BOM:512296
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bhagyanagar India PE Ratio without NRI Calculation

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular 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 regular PE Ratio.

Bhagyanagar India's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=389.50/15.690
=24.82

Bhagyanagar India's Share Price of today is ₹389.50.
Bhagyanagar India's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹15.69.

* 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.

There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months.

For Forward PE Ratio, the earnings are the expected earnings for the next twelve months.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio without NRI →
What does a PE Ratio without NRI of 24.82 mean?
Bhagyanagar India (BOM:512296) has a PE Ratio without NRI of 24.82 as of Jul. 17, 2026. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Bhagyanagar India and its competitors. This is 31% above median its historical median of 18.97. Over the past decade, Bhagyanagar India's PE Ratio without NRI has ranged from 3.61 to 155.71. According to the industry distribution chart, Bhagyanagar India ranks #450 out of 646 companies in the Metals & Mining industry, placing it in the top 69.7%.
Is Bhagyanagar India's PE Ratio without NRI too high?
Bhagyanagar India's current PE Ratio without NRI of 24.82 is 31% above median its 10-year median of 18.97. Over the past 10 years, this metric has ranged from a low of 3.61 to a high of 155.71. The Metals & Mining industry median PE Ratio without NRI is 15.55. Bhagyanagar India's value of 24.82 is 59.7% above this industry median. Based on the distribution chart, Bhagyanagar India ranks #450 out of 646 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Bhagyanagar India has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bhagyanagar India's PE Ratio without NRI compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Bhagyanagar India ranks #450 out of 646 companies for PE Ratio without NRI. This places Bhagyanagar India in the lower half of its industry. The industry median PE Ratio without NRI is 15.55. Bhagyanagar India's value of 24.82 is 59.7% above this benchmark. Historically, Bhagyanagar India's own PE Ratio without NRI has ranged from 3.61 to 155.71 over the past decade. While the company's 10-year median is 18.97 vs. the industry median of 15.55, Bhagyanagar India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio without NRI for a Metals & Mining company?
The median PE Ratio without NRI among Metals & Mining companies is 15.55, based on 646 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio without NRI significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bhagyanagar India's current PE Ratio without NRI of 24.82 is 59.7% 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 PE Ratio without NRI mean?
A high PE Ratio without NRI can signal that a stock is expensive relative to its fundamentals. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Bhagyanagar India and its competitors. For the Metals & Mining industry, the median PE Ratio without NRI is 15.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bhagyanagar India's current PE Ratio without NRI is 24.82, which is 31% above median its own 10-year median of 18.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhagyanagar India stock overvalued right now?
Based on GuruFocus' analysis, Bhagyanagar India (BOM:512296) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹140.76, compared to a current price of ₹389.50 — trading 176.7% above its estimated fair value. The current PE Ratio without NRI is 24.82, which is 31% above median its 10-year median of 18.97 and 59.7% above the Metals & Mining industry median of 15.55. Bhagyanagar India's overall GF Score™ is 59/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio without NRI calculated?
PE Ratio without NRI is calculated from a company's financial statements. For Bhagyanagar India (BOM:512296), the current PE Ratio without NRI is 24.82 as of Jul. 17, 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 Bhagyanagar India (BOM:512296) Overvalued in 2026?

Based on GuruFocus' analysis, Bhagyanagar India stock appears to be overvalued. The current stock price of ₹389.50 is trading 176.7% above its estimated GF Value™ of ₹140.76. GuruFocus considers Bhagyanagar India to be Significantly Overvalued.

Key valuation signals for BOM:512296:

  • PE Ratio without NRI: 24.82 (31% above median its 10-year median of 18.97)
  • GF Value™: ₹140.76 vs. price of ₹389.50 (176.7% above fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 59.7% above the Metals & Mining median (#450 of 646)

No single metric tells the full story. See the BOM:512296 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bhagyanagar India Business Description

Other Exchanges BHAGYANGR:India
Address I.D.A. Nacharam, Plot No. 9/13/1 & P-9/14, Hyderabad, TG, IND, 500076
Bhagyanagar India Ltd, along with its subsidiary, is engaged in the business of manufacturing and selling copper products. In addition, the company has a wind power project with an installed capacity of 9 MW at Kapatigudda, in Karnataka. The group operates through the Copper Products and Wind Power segments. The Copper Products segment deals in the manufacturing of various products such as copper rods, strips, pipes, busbars, and sheets, among others. The Wind Power segment is engaged in the generation and sale of wind power. The majority of the group's revenue is generated from the Copper Products segment. Geographically, it operates in India.
59GF Score

Get the complete analysis for BOM:512296

PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹389.50
Price
₹140.76
GF Value