ELECTROTHERM (INDIA)
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The Current P/E Ratio of ELECTROTHERM (INDIA) is 3.79.
Share Price | ₹1,130.9 | Jan 02,2025 |
Market Cap | ₹1,436.2 Cr | |
Earnings-TTM | ₹379.3 Cr | TTM-Consolidated Results |
Price/Earnings | 3.79x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of ELECTROTHERM (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,436.2 Cr] as on Jan 02,2025
(/) Earnings [ ₹379.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 3.79x ]
Thus, for ELECTROTHERM (INDIA) , the investors are currently willing to pay 3.79 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 ELECTROTHERM (INDIA) !
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 ELECTROTHERM (INDIA) over the last five years.
Historical PE (Price/Earnings) ratio chart of ELECTROTHERM (INDIA)
PE Ratio Performance Analysis for ELECTROTHERM (INDIA)
- ELECTROTHERM (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.92x.
- ELECTROTHERM (INDIA) 's operated at median p/e ratio of 2.17x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ELECTROTHERM (INDIA) 's p/e ratio peaked in Mar2020 at 4.54x.
- ELECTROTHERM (INDIA) 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does ELECTROTHERM (INDIA) '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 |
---|---|---|---|
ELECTROTHERM (INDIA) | 379.28 | 3.79 | 1,436.2 |
JSW STEEL LTD | 5,231.00 | 42.65 | 223,123.0 |
TATA STEEL LTD | 2,576.68 | 66.93 | 172,459.0 |
JINDAL STAINLESS LTD | 2,435.40 | 23.15 | 56,382.9 |
STEEL AUTHORITY OF INDIA LTD | 1,985.51 | 23.73 | 47,108.6 |
APL APOLLO TUBES LTD | 582.93 | 75.52 | 44,023.7 |
MOTHERSON SUMI WIRING INDIA LTD | 660.25 | 40.18 | 26,526.7 |
RATNAMANI METALS & TUBES LTD | 531.14 | 42.22 | 22,425.2 |
SHYAM METALICS AND ENERGY LTD | 837.39 | 24.71 | 20,690.7 |
WELSPUN CORP LTD | 849.10 | 25.31 | 21,489.0 |
JINDAL SAW LTD | 1,872.13 | 9.71 | 18,174.8 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs ELECTROTHERM (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 3.79x |
Max industry PE | 75.52x |
Median industry PE | 25.31x |
Average industry PE | 34.35x |
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