HARIOM PIPE INDUSTRIES
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The Current P/E Ratio of HARIOM PIPE INDUSTRIES is 25.90.
Share Price | ₹499.9 | Jan 14,2025 |
Market Cap | ₹1,549.7 Cr | |
Earnings-TTM | ₹59.8 Cr | TTM-Standalone Results |
Price/Earnings | 25.90x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of HARIOM PIPE INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,549.7 Cr] as on Jan 14,2025
(/) Earnings [ ₹59.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 25.90x ]
Thus, for HARIOM PIPE INDUSTRIES , the investors are currently willing to pay 25.90 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 HARIOM PIPE INDUSTRIES !
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 HARIOM PIPE INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of HARIOM PIPE INDUSTRIES
PE Ratio Performance Analysis for HARIOM PIPE INDUSTRIES
- HARIOM PIPE INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.26x.
- HARIOM PIPE INDUSTRIES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HARIOM PIPE INDUSTRIES 's p/e ratio peaked in Mar2023 at 28.32x.
- HARIOM PIPE INDUSTRIES 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does HARIOM PIPE INDUSTRIES '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 |
---|---|---|---|
HARIOM PIPE INDUSTRIES | 59.84 | 25.90 | 1,549.7 |
JSW STEEL LTD | 5,231.00 | 42.35 | 221,521.0 |
TATA STEEL LTD | 2,576.68 | 61.53 | 158,540.0 |
JINDAL STAINLESS LTD | 2,435.40 | 21.18 | 51,572.1 |
STEEL AUTHORITY OF INDIA LTD | 1,985.51 | 22.04 | 43,762.9 |
APL APOLLO TUBES LTD | 582.93 | 71.98 | 41,960.3 |
MOTHERSON SUMI WIRING INDIA LTD | 660.25 | 36.92 | 24,378.0 |
RATNAMANI METALS & TUBES LTD | 531.14 | 39.54 | 21,002.7 |
SHYAM METALICS AND ENERGY LTD | 837.39 | 25.01 | 20,941.9 |
WELSPUN CORP LTD | 849.10 | 22.55 | 19,143.6 |
JINDAL SAW LTD | 1,872.13 | 8.37 | 15,671.2 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs HARIOM PIPE INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 8.37x |
Max industry PE | 71.98x |
Median industry PE | 25.90x |
Average industry PE | 34.31x |
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