Bharat Wire Ropes Limited

NSEI:BHARATWIRE Stock Report

Market Cap: ₹14.9b

Bharat Wire Ropes Valuation

Is BHARATWIRE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BHARATWIRE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate BHARATWIRE's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate BHARATWIRE's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BHARATWIRE?

Key metric: As BHARATWIRE is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BHARATWIRE. This is calculated by dividing BHARATWIRE's market cap by their current earnings.
What is BHARATWIRE's PE Ratio?
PE Ratio17.6x
Earnings₹849.41m
Market Cap₹14.94b

Price to Earnings Ratio vs Peers

How does BHARATWIRE's PE Ratio compare to its peers?

The above table shows the PE ratio for BHARATWIRE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average37.4x
526608 Electrotherm (India)
3.1xn/a₹11.9b
513517 Steelcast
24.3xn/a₹15.2b
MSPL MSP Steel & Power
103.8xn/a₹15.6b
542669 BMW Industries
18.3xn/a₹12.9b
BHARATWIRE Bharat Wire Ropes
17.6xn/a₹14.9b

Price-To-Earnings vs Peers: BHARATWIRE is good value based on its Price-To-Earnings Ratio (17.6x) compared to the peer average (37.4x).

Price to Earnings Ratio vs Industry

How does BHARATWIRE's PE Ratio compare vs other companies in the IN Metals and Mining Industry?

9 CompaniesPrice / EarningsEstimated GrowthMarket Cap
590078 Maithan Alloys
3.7xn/aUS$365.09m
526608 Electrotherm (India)
3.1xn/aUS$141.14m
PRAKASHSTL Prakash Steelage
3.8xn/aUS$16.51m
522165 Indsil Hydro Power and Manganese
1.6xn/aUS$16.40m
BHARATWIRE 17.6xIndustry Avg. 23.8xNo. of Companies26PE01632486480+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BHARATWIRE is good value based on its Price-To-Earnings Ratio (17.6x) compared to the Indian Metals and Mining industry average (23.8x).

Price to Earnings Ratio vs Fair Ratio

What is BHARATWIRE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BHARATWIRE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BHARATWIRE's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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