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HISAR METAL INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of HISAR METAL INDUSTRIES is 29.06.

Share Price ₹207.8Apr 22,2025
Market Cap ₹112.2 Cr
Earnings-TTM₹3.9 CrTTM-Standalone Results
Price/Earnings29.06xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of HISAR METAL INDUSTRIES

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 HISAR METAL INDUSTRIES is calculated as :

Current Market Cap [ ₹112.2 Cr] as on Apr 22,2025

(/) Earnings [ ₹3.9 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 29.06x ]

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

Thus, for HISAR METAL INDUSTRIES , the investors are currently willing to pay 29.06 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 HISAR METAL 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 HISAR METAL INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of HISAR METAL INDUSTRIES


PE Ratio Performance Analysis for HISAR METAL INDUSTRIES

- HISAR METAL INDUSTRIES 's latest p/e ratio is 29.06x.

- HISAR METAL INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 8.59x.

- HISAR METAL INDUSTRIES 's operated at median p/e ratio of 6.17x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HISAR METAL INDUSTRIES 's p/e ratio peaked in Mar2024 at 14.46x.

- HISAR METAL INDUSTRIES 's p/e ratio hit its five-year low in Mar2022 of 5.5x.


How does HISAR METAL 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 RatioMarket Cap
HISAR METAL INDUSTRIES 3.8629.06112.2
JSW STEEL LTD3,478.0073.42255,367.0
TATA STEEL LTD2,376.4572.54172,397.0
JINDAL STAINLESS LTD2,426.0319.7347,861.0
STEEL AUTHORITY OF INDIA LTD1,707.7628.0647,914.1
APL APOLLO TUBES LTD634.3970.8744,959.0
MOTHERSON SUMI WIRING INDIA LTD632.3738.8324,554.8
SHYAM METALICS AND ENERGY LTD908.9227.9525,406.6
WELSPUN CORP LTD836.8324.5220,520.8
RATNAMANI METALS & TUBES LTD531.5335.2618,741.6
SARDA ENERGY & MINERALS LTD662.9226.9317,849.9

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs HISAR METAL INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 19.73x
Max industry PE 73.42x
Median industry PE 29.06x
Average industry PE 40.65x



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