{"id":220621,"date":"2026-08-27T11:05:13","date_gmt":"2026-08-27T05:35:13","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=220621"},"modified":"2026-08-27T11:05:15","modified_gmt":"2026-08-27T05:35:15","slug":"bearing-stocks-below-fair-value","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/bearing-stocks-below-fair-value\/","title":{"rendered":"3 Undervalued Bearing Stocks Trading Below Fair Value"},"content":{"rendered":"<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Bearing sector PE near 47.5. SKF India trades at 37.4x. NRB Bearings at 30.5x. Menon Bearings at 35.3x. All three post positive ROE.<\/em><\/p>\n<div style=\"background: #F0F9FF; border-left: 4px solid #2E7D32; border-radius: 6px; padding: 14px 18px; margin: 18px 0;\">\n<p style=\"margin: 0; color: #1f4e79; font-size: 14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin: 8px 0 0;\">Three bearing stocks, SKF India, NRB Bearings and Menon Bearings, are trading below the sector&#8217;s average price to earnings ratio of close to 47.5 times while each posts double digit return on equity. SKF India is debt free with the largest scale of the three, while NRB Bearings and Menon Bearings trade at wider discounts with somewhat higher leverage. This gap between valuation and profitability is why these bearing stocks stand out on a simple sector screen, though a formal buy rating needs deeper company specific research.<\/p>\n<\/div>\n<p>India&#8217;s industrial bearing market has benefited from steady demand across automotive, railways and general engineering over the past few years, alongside import substitution efforts by domestic manufacturers. Not every stock in the space carries a rich multiple. A screen of listed bearing stocks against the sector&#8217;s average price to earnings ratio surfaces three names still priced below that benchmark.<\/p>\n<p>SKF India, NRB Bearings and Menon Bearings all currently trade below the broader bearing industry PE, despite delivering double digit return on equity. This piece breaks down why each stock screens as undervalued, what the underlying financials show, and the risks that come with owning precision engineering component makers.<\/p>\n<p style=\"margin-top: 24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=undervalued_bearing_articles\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/bearing-stocks-below-fair-value\/#Why_These_Bearing_Stocks_Screen_as_Undervalued\" title=\"Why These Bearing Stocks Screen as Undervalued\">Why These Bearing Stocks Screen as Undervalued<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/bearing-stocks-below-fair-value\/#SKF_India_Debt_Free_Market_Leader\" title=\"SKF India: Debt Free Market Leader\">SKF India: Debt Free Market Leader<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/bearing-stocks-below-fair-value\/#NRB_Bearings_Widest_Discount_to_the_Sector\" title=\"NRB Bearings: Widest Discount to the Sector\">NRB Bearings: Widest Discount to the Sector<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/bearing-stocks-below-fair-value\/#Menon_Bearings_Highest_ROE_in_the_Group\" title=\"Menon Bearings: Highest ROE in the Group\">Menon Bearings: Highest ROE in the Group<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/bearing-stocks-below-fair-value\/#Valuation_Snapshot_PE_PB_and_Dividend_Yield\" title=\"Valuation Snapshot: PE, PB and Dividend Yield\">Valuation Snapshot: PE, PB and Dividend Yield<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/bearing-stocks-below-fair-value\/#Risks_to_Consider_Before_Buying_These_Bearing_Stocks\" title=\"Risks to Consider Before Buying These Bearing Stocks\">Risks to Consider Before Buying These Bearing Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/bearing-stocks-below-fair-value\/#Auto_and_Industrial_Production_Cyclicality\" title=\"Auto and Industrial Production Cyclicality\">Auto and Industrial Production Cyclicality<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/bearing-stocks-below-fair-value\/#Raw_Material_Price_Volatility\" title=\"Raw Material Price Volatility\">Raw Material Price Volatility<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/bearing-stocks-below-fair-value\/#Import_Competition\" title=\"Import Competition\">Import Competition<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/bearing-stocks-below-fair-value\/#Customer_Concentration\" title=\"Customer Concentration\">Customer Concentration<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/bearing-stocks-below-fair-value\/#How_to_Track_These_Bearing_Stocks\" title=\"How to Track These Bearing Stocks\">How to Track These Bearing Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/bearing-stocks-below-fair-value\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/bearing-stocks-below-fair-value\/#FAQs_on_Undervalued_Bearing_Stocks\" title=\"FAQs on Undervalued Bearing Stocks\">FAQs on Undervalued Bearing Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/bearing-stocks-below-fair-value\/#Which_bearing_stocks_are_trading_below_the_sector_average_PE\" title=\"Which bearing stocks are trading below the sector average PE?\">Which bearing stocks are trading below the sector average PE?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/bearing-stocks-below-fair-value\/#Is_SKF_India_undervalued_compared_to_its_sector\" title=\"Is SKF India undervalued compared to its sector?\">Is SKF India undervalued compared to its sector?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/bearing-stocks-below-fair-value\/#Why_does_NRB_Bearings_trade_at_the_widest_discount\" title=\"Why does NRB Bearings trade at the widest discount?\">Why does NRB Bearings trade at the widest discount?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/bearing-stocks-below-fair-value\/#What_is_the_market_capitalisation_of_Menon_Bearings\" title=\"What is the market capitalisation of Menon Bearings?\">What is the market capitalisation of Menon Bearings?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/bearing-stocks-below-fair-value\/#Are_these_bearing_stocks_debt_free\" title=\"Are these bearing stocks debt free?\">Are these bearing stocks debt free?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/bearing-stocks-below-fair-value\/#What_are_the_main_risks_in_undervalued_bearing_stocks\" title=\"What are the main risks in undervalued bearing stocks?\">What are the main risks in undervalued bearing stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/bearing-stocks-below-fair-value\/#Is_a_low_PE_enough_reason_to_buy_a_bearing_stock\" title=\"Is a low PE enough reason to buy a bearing stock?\">Is a low PE enough reason to buy a bearing stock?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Why_These_Bearing_Stocks_Screen_as_Undervalued\"><\/span><strong>Why These Bearing Stocks Screen as Undervalued<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The bearing industry currently carries an average price to earnings ratio of close to 47.5 times trailing earnings for companies in this precision engineering classification. A stock trading meaningfully below that average, while still posting double digit return on equity, is a reasonable starting point for a relative valuation screen.<\/p>\n<p>All three companies below clear that bar, though SKF India is the largest and most conservatively financed of the group, a distinction worth noting among bearing stocks that otherwise look similarly undervalued on a headline PE basis.<\/p>\n<p>The table below lists these three companies alongside their current price, valuation multiple and return ratios.<\/p>\n<table style=\"border-collapse: collapse; width: 100%;\" border=\"1\" cellspacing=\"0\" cellpadding=\"6\">\n<thead>\n<tr>\n<th>Company<\/th>\n<th>NSE Ticker<\/th>\n<th>CMP (Rs)<\/th>\n<th>PE Ratio<\/th>\n<th>Sector PE<\/th>\n<th>ROE<\/th>\n<th>Market Cap (Rs Cr)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>SKF India<\/td>\n<td>SKFINDIA<\/td>\n<td>1,582.30<\/td>\n<td>37.43<\/td>\n<td>47.54<\/td>\n<td>20.00%<\/td>\n<td>7,849<\/td>\n<\/tr>\n<tr>\n<td>NRB Bearings<\/td>\n<td>NRBBEARING<\/td>\n<td>471.45<\/td>\n<td>30.47<\/td>\n<td>47.54<\/td>\n<td>14.83%<\/td>\n<td>4,590<\/td>\n<\/tr>\n<tr>\n<td>Menon Bearings<\/td>\n<td>MENONBE<\/td>\n<td>277.00<\/td>\n<td>35.34<\/td>\n<td>39.04<\/td>\n<td>20.64%<\/td>\n<td>1,553<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"SKF_India_Debt_Free_Market_Leader\"><\/span><strong>SKF India: Debt Free Market Leader<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>SKF India manufactures ball and roller bearings for automotive, railway and industrial customers, backed by its Swedish parent&#8217;s technology base. The stock trades at a price to earnings ratio of 37.43, below the sector average of 47.54, at a current price of around Rs 1,582.<\/p>\n<p>Return on equity of 20.00 percent is supported by a debt to equity ratio of 0.00, making it one of the more conservatively financed bearing stocks in this list. On an EPS of Rs 42.41 and book value of Rs 268.91, the price to book multiple works out to 5.90, alongside a dividend yield of 2.52 percent, the highest of the three names.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"NRB_Bearings_Widest_Discount_to_the_Sector\"><\/span><strong>NRB Bearings: Widest Discount to the Sector<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>NRB Bearings supplies needle and ball bearings primarily to the automotive and industrial sectors. Its price to earnings ratio of 30.47 is the widest discount to the sector average of 47.54 among these three bearing stocks, at a current share price of around Rs 471.<\/p>\n<p>Return on equity of 14.83 percent is the lowest of the group, and the debt to equity ratio of 0.16 signals modest leverage. On an EPS of Rs 15.54 and book value of Rs 99.32, the price to book multiple of 4.77 is the lowest of the three, reflecting its smaller scale relative to SKF India.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Menon_Bearings_Highest_ROE_in_the_Group\"><\/span><strong>Menon Bearings: Highest ROE in the Group<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Menon Bearings makes bushes and bearings largely for the two wheeler and automotive components industry. The stock trades at 35.34 times trailing earnings, below its own peer group average of 39.04, at a current price of around Rs 277.<\/p>\n<p>Return on equity of 20.64 percent is the highest of the three, matching SKF India&#8217;s profitability despite a much smaller scale. The debt to equity ratio of 0.25 is higher than SKF India but still moderate, and on an EPS of Rs 7.84 and book value of Rs 33.07, the price to book multiple works out to 8.38.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Valuation_Snapshot_PE_PB_and_Dividend_Yield\"><\/span><strong>Valuation Snapshot: PE, PB and Dividend Yield<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Beyond the headline price to earnings ratio, book value multiples and dividend yield help separate these bearing stocks by balance sheet strength. SKF India stands out on dividend income, while Menon Bearings offers a comparable return on equity at a fraction of the market capitalisation.<\/p>\n<table style=\"border-collapse: collapse; width: 100%;\" border=\"1\" cellspacing=\"0\" cellpadding=\"6\">\n<thead>\n<tr>\n<th>Company<\/th>\n<th>Price to Book<\/th>\n<th>Book Value (Rs)<\/th>\n<th>Dividend Yield<\/th>\n<th>Debt to Equity<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>SKF India<\/td>\n<td>5.90<\/td>\n<td>268.91<\/td>\n<td>2.52%<\/td>\n<td>0.00<\/td>\n<\/tr>\n<tr>\n<td>NRB Bearings<\/td>\n<td>4.77<\/td>\n<td>99.32<\/td>\n<td>1.20%<\/td>\n<td>0.16<\/td>\n<\/tr>\n<tr>\n<td>Menon Bearings<\/td>\n<td>8.38<\/td>\n<td>33.07<\/td>\n<td>0.72%<\/td>\n<td>0.25<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>NRB Bearings trades at the lowest price to book multiple of the three, while Menon Bearings commands a premium on the strength of its return on equity. SKF India sits in between on price to book but leads clearly on dividend yield and balance sheet strength.<\/p>\n<p style=\"margin-top: 24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Check Live PE, PB and ROE Data on the Univest Screener<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Consider_Before_Buying_These_Bearing_Stocks\"><\/span><strong>Risks to Consider Before Buying These Bearing Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A discount to the sector average price to earnings ratio does not remove company specific risk in a business closely tied to industrial and automotive production cycles.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Auto_and_Industrial_Production_Cyclicality\"><\/span><strong>Auto and Industrial Production Cyclicality<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Bearing demand tracks vehicle production, railway capex and general industrial output. A slowdown in any of these end markets can quickly reduce order volumes for bearing manufacturers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Raw_Material_Price_Volatility\"><\/span><strong>Raw Material Price Volatility<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Steel and alloy input costs make up a large share of manufacturing expenses, and sharp swings in commodity prices can compress margins even when volumes hold steady.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Import_Competition\"><\/span><strong>Import Competition<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Lower cost imported bearings, particularly from China and other low cost manufacturing hubs, can pressure pricing for domestic players despite import substitution efforts.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Customer_Concentration\"><\/span><strong>Customer Concentration<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Smaller bearing makers with a narrower customer base face greater order concentration risk than larger, more diversified suppliers such as SKF India.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Track_These_Bearing_Stocks\"><\/span><strong>How to Track These Bearing Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investors evaluating these three names should track quarterly auto and industrial production data, order book commentary, and how the sector average PE moves relative to each company&#8217;s own multiple over time, rather than relying on the valuation gap in isolation among bearing stocks. Comparing these numbers regularly is the most reliable way to judge whether the discount to fair value remains intact or has already closed.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track SKF India, NRB Bearings and Menon Bearings share prices live and set price alerts.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>SKF India, NRB Bearings and Menon Bearings are the three bearing stocks currently trading below the sector&#8217;s average price to earnings ratio of close to 47.5 times, while all three deliver double digit return on equity. That combination makes them worth a closer look for investors who already want exposure to India&#8217;s industrial component theme, though cyclicality in auto and industrial production means position sizing and diversification still matter when adding these names to a portfolio.<\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Undervalued_Bearing_Stocks\"><\/span><strong>FAQs on Undervalued Bearing Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_bearing_stocks_are_trading_below_the_sector_average_PE\"><\/span><strong>Which bearing stocks are trading below the sector average PE?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> SKF India, NRB Bearings and Menon Bearings are currently trading below the bearing sector&#8217;s average price to earnings ratio of close to 47.5 times, based on live NSE and BSE pricing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_SKF_India_undervalued_compared_to_its_sector\"><\/span><strong>Is SKF India undervalued compared to its sector?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> SKF India trades at a price to earnings ratio of 37.43, below the sector average of 47.54, while delivering a return on equity of 20.00 percent and carrying zero debt.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_does_NRB_Bearings_trade_at_the_widest_discount\"><\/span><strong>Why does NRB Bearings trade at the widest discount?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> NRB Bearings trades at 30.47 times earnings against a sector average of 47.54, reflecting its smaller scale and lower return on equity of 14.83 percent relative to SKF India and Menon Bearings.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_capitalisation_of_Menon_Bearings\"><\/span><strong>What is the market capitalisation of Menon Bearings?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Menon Bearings has a market capitalisation of around Rs 1,553 crore, with a price to earnings ratio of 35.34 against its peer group average of 39.04.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Are_these_bearing_stocks_debt_free\"><\/span><strong>Are these bearing stocks debt free?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> SKF India carries zero debt, while NRB Bearings and Menon Bearings run modest debt to equity ratios of 0.16 and 0.25 respectively, both comfortably manageable levels.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_in_undervalued_bearing_stocks\"><\/span><strong>What are the main risks in undervalued bearing stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks include cyclicality tied to auto and industrial production, raw material price volatility in steel and alloys, competition from lower cost imports, and customer concentration at smaller manufacturers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_a_low_PE_enough_reason_to_buy_a_bearing_stock\"><\/span><strong>Is a low PE enough reason to buy a bearing stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> A price to earnings ratio below the sector average is a useful starting screen for bearing stocks but not a standalone buy signal. Investors should also review end market exposure, customer diversification and balance sheet strength before investing.<\/p>\n<div class=\"faq-schema\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SKF India, NRB Bearings and Menon Bearings trade below the bearing sector&#8217;s average PE of near 47.5, all three posting double digit ROE.<\/p>\n","protected":false},"author":36,"featured_media":220619,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[3802],"class_list":["post-220621","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["220619"],"_edit_lock":["1787808918:36"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["24"],"rank_math_seo_score":["84"],"rank_math_title":["Undervalued Bearing Stocks Trading Below Fair 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