GARG FURNACE
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The Current P/E Ratio of GARG FURNACE is 19.69.
Share Price | ₹249.2 | Jan 15,2025 |
Market Cap | ₹134.6 Cr | |
Earnings-TTM | ₹6.8 Cr | TTM-Standalone Results |
Price/Earnings | 19.69x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of GARG FURNACE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹134.6 Cr] as on Jan 15,2025
(/) Earnings [ ₹6.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 19.69x ]
Thus, for GARG FURNACE , the investors are currently willing to pay 19.69 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 GARG FURNACE !
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 GARG FURNACE over the last five years.
Historical PE (Price/Earnings) ratio chart of GARG FURNACE
PE Ratio Performance Analysis for GARG FURNACE
- GARG FURNACE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.94x.
- GARG FURNACE 's operated at median p/e ratio of 2.38x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GARG FURNACE 's p/e ratio peaked in Mar2024 at 28.08x.
- GARG FURNACE 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does GARG FURNACE '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 |
---|---|---|---|
GARG FURNACE | 6.83 | 19.69 | 134.6 |
JSW STEEL LTD | 5,231.00 | 42.27 | 221,106.0 |
TATA STEEL LTD | 2,576.68 | 61.31 | 157,978.0 |
JINDAL STAINLESS LTD | 2,435.40 | 20.80 | 50,645.4 |
STEEL AUTHORITY OF INDIA LTD | 1,985.51 | 21.87 | 43,432.5 |
APL APOLLO TUBES LTD | 582.93 | 71.98 | 41,960.3 |
MOTHERSON SUMI WIRING INDIA LTD | 660.25 | 37.34 | 24,656.5 |
RATNAMANI METALS & TUBES LTD | 531.14 | 39.54 | 21,000.6 |
SHYAM METALICS AND ENERGY LTD | 837.39 | 24.84 | 20,796.7 |
WELSPUN CORP LTD | 849.10 | 23.51 | 19,960.8 |
JINDAL SAW LTD | 1,872.13 | 8.59 | 16,083.6 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs GARG FURNACE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 8.59x |
Max industry PE | 71.98x |
Median industry PE | 24.84x |
Average industry PE | 33.79x |
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