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CUBEX TUBINGS
PE (Price/Earnings) Ratio

The Current P/E Ratio of CUBEX TUBINGS is 36.68.

Share Price ₹108.9Sep 06,2024
Market Cap ₹155.7 Cr
Earnings-TTM₹4.2 CrTTM-Standalone Results
Price/Earnings36.68xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of CUBEX TUBINGS

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 CUBEX TUBINGS is calculated as :

Current Market Cap [ ₹155.7 Cr] as on Sep 06,2024

(/) Earnings [ ₹4.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 36.68x ]

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

Thus, for CUBEX TUBINGS , the investors are currently willing to pay 36.68 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 CUBEX TUBINGS !

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 CUBEX TUBINGS over the last five years.

Historical PE (Price/Earnings) ratio chart of CUBEX TUBINGS


PE Ratio Performance Analysis for CUBEX TUBINGS

- CUBEX TUBINGS 's latest p/e ratio is 36.68x.

- CUBEX TUBINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 22.26x.

- CUBEX TUBINGS 's operated at median p/e ratio of 18.6x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, CUBEX TUBINGS 's p/e ratio peaked in Mar2024 at 34.05x.

- CUBEX TUBINGS 's p/e ratio hit its five-year low in Mar2022 of 13.74x.


How does CUBEX TUBINGS 's P/E Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?

Peer Comparison (Metal - Non Ferrous Industry)Earnings-TTM (Cr)PE RatioMarket Cap
CUBEX TUBINGS 4.2436.68155.7
HINDUSTAN ZINC LTD8,140.0025.27205,689.0
HINDALCO INDUSTRIES LTD10,773.0013.92149,923.0
VEDANTA LTD9,321.0019.29179,839.0
HINDUSTAN COPPER LTD361.8583.1030,069.6
GRAVITA INDIA LTD257.7359.9215,442.4
SHIVALIK BIMETAL CONTROLS LTD77.2641.803,229.3
BHARAT WIRE ROPES LTD96.3419.801,907.3
RAM RATNA WIRES LTD61.5845.902,826.8
NILE LTD34.2220.13688.6
RAJNANDINI METAL LTD9.4135.32332.3

Metal - Non Ferrous Industry Benchmark (Top 10) PE Analysis vs CUBEX TUBINGS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 13.92x
Max industry PE 83.10x
Median industry PE 35.32x
Average industry PE 36.47x



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