GANDHI SPECIAL TUBES
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The Current P/E Ratio of GANDHI SPECIAL TUBES is 16.94.
Share Price | ₹807.0 | Jan 02,2025 |
Market Cap | ₹984.5 Cr | |
Earnings-TTM | ₹58.1 Cr | TTM-Standalone Results |
Price/Earnings | 16.94x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of GANDHI SPECIAL TUBES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹984.5 Cr] as on Jan 02,2025
(/) Earnings [ ₹58.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 16.94x ]
Thus, for GANDHI SPECIAL TUBES , the investors are currently willing to pay 16.94 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 GANDHI SPECIAL TUBES !
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 GANDHI SPECIAL TUBES over the last five years.
Historical PE (Price/Earnings) ratio chart of GANDHI SPECIAL TUBES
PE Ratio Performance Analysis for GANDHI SPECIAL TUBES
- GANDHI SPECIAL TUBES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 12.31x.
- GANDHI SPECIAL TUBES 's operated at median p/e ratio of 12.39x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GANDHI SPECIAL TUBES 's p/e ratio peaked in Mar2024 at 16.07x.
- GANDHI SPECIAL TUBES 's p/e ratio hit its five-year low in Mar2021 of 9.51x.
How does GANDHI SPECIAL TUBES '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 |
---|---|---|---|
GANDHI SPECIAL TUBES | 58.13 | 16.94 | 984.5 |
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 GANDHI SPECIAL TUBES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.71x |
Max industry PE | 75.52x |
Median industry PE | 25.31x |
Average industry PE | 35.55x |
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