BIHAR SPONGE IRON
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The Current P/E Ratio of BIHAR SPONGE IRON is 10.49.
Share Price | ₹13.4 | Apr 04,2025 |
Market Cap | ₹121.0 Cr | |
Earnings-TTM | ₹11.5 Cr | TTM-Standalone Results |
Price/Earnings | 10.49x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BIHAR SPONGE IRON
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹121.0 Cr] as on Apr 04,2025
(/) Earnings [ ₹11.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 10.49x ]
Thus, for BIHAR SPONGE IRON , the investors are currently willing to pay 10.49 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 BIHAR SPONGE IRON !
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 BIHAR SPONGE IRON over the last five years.
Historical PE (Price/Earnings) ratio chart of BIHAR SPONGE IRON
PE Ratio Performance Analysis for BIHAR SPONGE IRON
- BIHAR SPONGE IRON 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 7.88x.
- BIHAR SPONGE IRON 's operated at median p/e ratio of 6.31x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BIHAR SPONGE IRON 's p/e ratio peaked in Mar2024 at 16.52x.
- BIHAR SPONGE IRON 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does BIHAR SPONGE IRON 's P/E Ratio benchmark against top 10 peers in Steel/Sponge Iron/Pig Iron Industry?
Peer Comparison (Steel/Sponge Iron/Pig Iron Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
BIHAR SPONGE IRON | 11.53 | 10.49 | 121.0 |
JINDAL STEEL & POWER LTD | 4,082.45 | 21.23 | 86,656.5 |
LLOYDS METALS & ENERGY LTD | 1,524.92 | 42.55 | 64,879.4 |
JAI BALAJI INDUSTRIES LTD | 755.38 | 16.02 | 12,101.0 |
STEEL EXCHANGE INDIA LTD | 40.92 | 24.29 | 994.0 |
SURAJ PRODUCTS LTD | 23.01 | 21.61 | 497.3 |
SAL STEEL LTD | 2.24 | 70.33 | 157.5 |
VASWANI INDUSTRIES LTD | 9.72 | 12.31 | 119.7 |
KIC METALIKS LTD | -3.02 | -39.35 | 119.0 |
Steel/Sponge Iron/Pig Iron Industry Benchmark (Top 10) PE Analysis vs BIHAR SPONGE IRON 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -39.35x |
Max industry PE | 70.33x |
Median industry PE | 21.23x |
Average industry PE | 19.94x |
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