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GEEKAY WIRES
PE (Price/Earnings) Ratio

The Current P/E Ratio of GEEKAY WIRES is 13.64.

Share Price ₹102.7Dec 20,2024
Market Cap ₹537.3 Cr
Earnings-TTM₹39.4 CrTTM-Standalone Results
Price/Earnings13.64xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GEEKAY WIRES

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of GEEKAY WIRES is calculated as :

Current Market Cap [ ₹537.3 Cr] as on Dec 20,2024

(/) Earnings [ ₹39.4 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 13.64x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for GEEKAY WIRES , the investors are currently willing to pay 13.64 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 GEEKAY WIRES !

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 GEEKAY WIRES over the last five years.

Historical PE (Price/Earnings) ratio chart of GEEKAY WIRES


PE Ratio Performance Analysis for GEEKAY WIRES

- GEEKAY WIRES 's latest p/e ratio is 13.64x.

- GEEKAY WIRES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 8.53x.

- GEEKAY WIRES 's operated at median p/e ratio of 8.01x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GEEKAY WIRES 's p/e ratio peaked in Mar2021 at 12.89x.

- GEEKAY WIRES 's p/e ratio hit its five-year low in Mar2023 of 1.38x.


How does GEEKAY WIRES 's P/E Ratio benchmark against top 10 peers in Steel & Iron Products Industry?

Peer Comparison (Steel & Iron Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
GEEKAY WIRES 39.4013.64537.3
JSW STEEL LTD5,231.0042.94224,603.0
TATA STEEL LTD2,576.6868.24175,829.0
JINDAL STAINLESS LTD2,435.4024.3459,286.7
STEEL AUTHORITY OF INDIA LTD1,985.5124.1647,976.1
APL APOLLO TUBES LTD582.9374.2543,280.0
MOTHERSON SUMI WIRING INDIA LTD660.2540.1426,500.1
RATNAMANI METALS & TUBES LTD531.1443.4423,075.0
SHYAM METALICS AND ENERGY LTD837.3925.6621,483.4
WELSPUN CORP LTD849.1024.0120,383.2
JINDAL SAW LTD1,872.1310.2619,210.8

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs GEEKAY WIRES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 10.26x
Max industry PE 74.25x
Median industry PE 25.66x
Average industry PE 35.55x



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