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DP WIRES
PE (Price/Earnings) Ratio

The Current P/E Ratio of DP WIRES is 15.53.

Share Price ₹294.1Jan 28,2025
Market Cap ₹455.9 Cr
Earnings-TTM₹29.4 CrTTM-Standalone Results
Price/Earnings15.53xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of DP WIRES

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 DP WIRES is calculated as :

Current Market Cap [ ₹455.9 Cr] as on Jan 28,2025

(/) Earnings [ ₹29.4 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 15.53x ]

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

Thus, for DP WIRES , the investors are currently willing to pay 15.53 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 DP WIRES !

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 DP WIRES over the last five years.

Historical PE (Price/Earnings) ratio chart of DP WIRES


PE Ratio Performance Analysis for DP WIRES

- DP WIRES 's latest p/e ratio is 15.53x.

- DP WIRES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.20x.

- DP WIRES 's operated at median p/e ratio of 10.52x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DP WIRES 's p/e ratio peaked in Mar2024 at 18.14x.

- DP WIRES 's p/e ratio hit its five-year low in Mar2020 of 3.68x.


How does DP WIRES '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
DP WIRES 29.3615.53455.9
JSW STEEL LTD3,478.0064.42224,052.0
TATA STEEL LTD2,576.6862.35160,662.0
JINDAL STAINLESS LTD2,435.4020.8150,674.2
STEEL AUTHORITY OF INDIA LTD1,985.5121.3942,461.8
APL APOLLO TUBES LTD634.3965.0941,291.5
MOTHERSON SUMI WIRING INDIA LTD660.2536.0523,803.2
RATNAMANI METALS & TUBES LTD531.1436.9719,637.3
SHYAM METALICS AND ENERGY LTD837.3923.7719,902.1
WELSPUN CORP LTD849.1022.1418,798.7
JINDAL SAW LTD1,831.367.8914,449.7

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs DP WIRES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 7.89x
Max industry PE 65.09x
Median industry PE 23.77x
Average industry PE 34.22x



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