INDIA STEEL WORKS
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The Current P/E Ratio of INDIA STEEL WORKS is -7.64.
Share Price | ₹5.7 | Dec 20,2024 |
Market Cap | ₹225.7 Cr | |
Earnings-TTM | ₹-29.6 Cr | TTM-Consolidated Results |
Price/Earnings | -7.64x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of INDIA STEEL WORKS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹225.7 Cr] as on Dec 20,2024
(/) Earnings [ ₹-29.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -7.64x ]
Thus, for INDIA STEEL WORKS , the investors are currently willing to pay -7.64 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 INDIA STEEL WORKS !
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 INDIA STEEL WORKS over the last five years.
Historical PE (Price/Earnings) ratio chart of INDIA STEEL WORKS
PE Ratio Performance Analysis for INDIA STEEL WORKS
- INDIA STEEL WORKS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.00x.
- INDIA STEEL WORKS '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, INDIA STEEL WORKS 's p/e ratio peaked in Mar2023 at 0x.
- INDIA STEEL WORKS 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does INDIA STEEL WORKS '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 |
---|---|---|---|
INDIA STEEL WORKS | -29.55 | -7.64 | 225.7 |
JSW STEEL LTD | 5,231.00 | 42.94 | 224,603.0 |
TATA STEEL LTD | 2,576.68 | 68.24 | 175,829.0 |
JINDAL STAINLESS LTD | 2,435.40 | 24.34 | 59,286.7 |
STEEL AUTHORITY OF INDIA LTD | 1,985.51 | 24.16 | 47,976.1 |
APL APOLLO TUBES LTD | 582.93 | 74.25 | 43,280.0 |
MOTHERSON SUMI WIRING INDIA LTD | 660.25 | 40.14 | 26,500.1 |
RATNAMANI METALS & TUBES LTD | 531.14 | 43.44 | 23,075.0 |
SHYAM METALICS AND ENERGY LTD | 837.39 | 25.66 | 21,483.4 |
WELSPUN CORP LTD | 849.10 | 24.01 | 20,383.2 |
JINDAL SAW LTD | 1,872.13 | 10.26 | 19,210.8 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs INDIA STEEL WORKS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -7.64x |
Max industry PE | 74.25x |
Median industry PE | 25.66x |
Average industry PE | 33.62x |
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