ELECTROTHERM (INDIA)
|
The Current P/E Ratio of ELECTROTHERM (INDIA) is 2.55.
Share Price | ₹762.9 | Jan 30,2025 |
Market Cap | ₹968.8 Cr | |
Earnings-TTM | ₹379.3 Cr | TTM-Consolidated Results |
Price/Earnings | 2.55x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
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 [ ₹968.8 Cr] as on Jan 30,2025
(/) Earnings [ ₹379.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 2.55x ]
Thus, for ELECTROTHERM (INDIA) , the investors are currently willing to pay 2.55 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 | 2.55 | 968.8 |
JSW STEEL LTD | 3,478.00 | 66.89 | 232,660.0 |
TATA STEEL LTD | 2,376.45 | 68.89 | 163,721.0 |
JINDAL STAINLESS LTD | 2,426.03 | 22.04 | 53,466.8 |
STEEL AUTHORITY OF INDIA LTD | 1,985.51 | 21.94 | 43,556.4 |
APL APOLLO TUBES LTD | 634.39 | 64.59 | 40,973.7 |
MOTHERSON SUMI WIRING INDIA LTD | 660.25 | 36.63 | 24,187.9 |
RATNAMANI METALS & TUBES LTD | 531.14 | 36.73 | 19,508.4 |
SHYAM METALICS AND ENERGY LTD | 908.92 | 23.95 | 21,766.7 |
WELSPUN CORP LTD | 849.10 | 22.29 | 18,925.9 |
JINDAL SAW LTD | 1,831.36 | 8.51 | 15,584.8 |
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 | 2.55x |
Max industry PE | 68.89x |
Median industry PE | 23.95x |
Average industry PE | 34.09x |
You may also like the below Video Courses