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BEEKAY STEEL INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of BEEKAY STEEL INDUSTRIES is 7.59.

Share Price ₹472.7Feb 28,2025
Market Cap ₹902.9 Cr
Earnings-TTM₹119.0 CrTTM-Consolidated Results
Price/Earnings7.59xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BEEKAY STEEL INDUSTRIES

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of BEEKAY STEEL INDUSTRIES is calculated as :

Current Market Cap [ ₹902.9 Cr] as on Feb 28,2025

(/) Earnings [ ₹119.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 7.59x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for BEEKAY STEEL INDUSTRIES , the investors are currently willing to pay 7.59 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of BEEKAY STEEL INDUSTRIES !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of BEEKAY STEEL INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of BEEKAY STEEL INDUSTRIES


PE Ratio Performance Analysis for BEEKAY STEEL INDUSTRIES

- BEEKAY STEEL INDUSTRIES 's latest p/e ratio is 7.59x.

- BEEKAY STEEL INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.26x.

- BEEKAY STEEL INDUSTRIES 's operated at median p/e ratio of 6.77x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BEEKAY STEEL INDUSTRIES 's p/e ratio peaked in Mar2024 at 8.25x.

- BEEKAY STEEL INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 3.99x.


How does BEEKAY STEEL INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Steel & Iron Products Industry?

Peer Comparison (Steel & Iron Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
BEEKAY STEEL INDUSTRIES 118.987.59902.9
JSW STEEL LTD3,478.0066.93232,783.0
TATA STEEL LTD2,376.4572.07171,273.0
JINDAL STAINLESS LTD2,426.0319.8848,223.5
STEEL AUTHORITY OF INDIA LTD1,707.7625.4043,370.5
APL APOLLO TUBES LTD634.3962.8939,895.5
MOTHERSON SUMI WIRING INDIA LTD632.3732.8720,783.6
SHYAM METALICS AND ENERGY LTD908.9221.8819,885.3
WELSPUN CORP LTD836.8323.0719,303.7
RATNAMANI METALS & TUBES LTD531.5332.1817,102.4
SARDA ENERGY & MINERALS LTD662.9224.1215,989.3

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs BEEKAY STEEL INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 7.59x
Max industry PE 72.07x
Median industry PE 25.40x
Average industry PE 35.35x



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