FRONTIER SPRINGS
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The Current P/E Ratio of FRONTIER SPRINGS is 42.92.
Share Price | ₹2,480.8 | Dec 20,2024 |
Market Cap | ₹967.5 Cr | |
Earnings-TTM | ₹22.5 Cr | TTM-Standalone Results |
Price/Earnings | 42.92x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of FRONTIER SPRINGS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹967.5 Cr] as on Dec 20,2024
(/) Earnings [ ₹22.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 42.92x ]
Thus, for FRONTIER SPRINGS , the investors are currently willing to pay 42.92 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 FRONTIER SPRINGS !
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 FRONTIER SPRINGS over the last five years.
Historical PE (Price/Earnings) ratio chart of FRONTIER SPRINGS
PE Ratio Performance Analysis for FRONTIER SPRINGS
- FRONTIER SPRINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 17.51x.
- FRONTIER SPRINGS 's operated at median p/e ratio of 14.29x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, FRONTIER SPRINGS 's p/e ratio peaked in Mar2024 at 35.49x.
- FRONTIER SPRINGS 's p/e ratio hit its five-year low in Mar2020 of 4.95x.
How does FRONTIER SPRINGS '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 |
---|---|---|---|
FRONTIER SPRINGS | 22.54 | 42.92 | 967.5 |
JSW STEEL LTD | 5,231.00 | 42.94 | 224,603.0 |
TATA STEEL LTD | 2,576.68 | 68.24 | 175,829.0 |
JINDAL STAINLESS LTD | 2,435.40 | 24.34 | 59,286.7 |
STEEL AUTHORITY OF INDIA LTD | 1,985.51 | 24.16 | 47,976.1 |
APL APOLLO TUBES LTD | 582.93 | 74.25 | 43,280.0 |
MOTHERSON SUMI WIRING INDIA LTD | 660.25 | 40.14 | 26,500.1 |
RATNAMANI METALS & TUBES LTD | 531.14 | 43.44 | 23,075.0 |
SHYAM METALICS AND ENERGY LTD | 837.39 | 25.66 | 21,483.4 |
WELSPUN CORP LTD | 849.10 | 24.01 | 20,383.2 |
JINDAL SAW LTD | 1,872.13 | 10.26 | 19,210.8 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs FRONTIER SPRINGS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.26x |
Max industry PE | 74.25x |
Median industry PE | 40.14x |
Average industry PE | 38.21x |
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