DP WIRES
|
The Current P/E Ratio of DP WIRES is 15.53.
Share Price | ₹294.1 | Jan 28,2025 |
Market Cap | ₹455.9 Cr | |
Earnings-TTM | ₹29.4 Cr | TTM-Standalone Results |
Price/Earnings | 15.53x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of DP WIRES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
DP WIRES | 29.36 | 15.53 | 455.9 |
JSW STEEL LTD | 3,478.00 | 64.42 | 224,052.0 |
TATA STEEL LTD | 2,576.68 | 62.35 | 160,662.0 |
JINDAL STAINLESS LTD | 2,435.40 | 20.81 | 50,674.2 |
STEEL AUTHORITY OF INDIA LTD | 1,985.51 | 21.39 | 42,461.8 |
APL APOLLO TUBES LTD | 634.39 | 65.09 | 41,291.5 |
MOTHERSON SUMI WIRING INDIA LTD | 660.25 | 36.05 | 23,803.2 |
RATNAMANI METALS & TUBES LTD | 531.14 | 36.97 | 19,637.3 |
SHYAM METALICS AND ENERGY LTD | 837.39 | 23.77 | 19,902.1 |
WELSPUN CORP LTD | 849.10 | 22.14 | 18,798.7 |
JINDAL SAW LTD | 1,831.36 | 7.89 | 14,449.7 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs DP WIRES 's P/E Ratio
Top 10 Industry Peers | PE 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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