KALYANI STEELS
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The Current P/E Ratio of KALYANI STEELS is 15.67.
Share Price | ₹852.4 | Sep 20,2024 |
Market Cap | ₹3,725.0 Cr | |
Earnings-TTM | ₹237.8 Cr | TTM-Standalone Results |
Price/Earnings | 15.67x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of KALYANI STEELS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹3,725.0 Cr] as on Sep 20,2024
(/) Earnings [ ₹237.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 15.67x ]
Thus, for KALYANI STEELS , the investors are currently willing to pay 15.67 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 KALYANI STEELS !
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 KALYANI STEELS over the last five years.
Historical PE (Price/Earnings) ratio chart of KALYANI STEELS
PE Ratio Performance Analysis for KALYANI STEELS
- KALYANI STEELS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 7.88x.
- KALYANI STEELS 's operated at median p/e ratio of 7.31x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KALYANI STEELS 's p/e ratio peaked in Mar2024 at 15.06x.
- KALYANI STEELS 's p/e ratio hit its five-year low in Mar2020 of 4.01x.
How does KALYANI STEELS '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 |
---|---|---|---|
KALYANI STEELS | 237.78 | 15.67 | 3,725.0 |
JSW STEEL LTD | 7,562.00 | 31.75 | 240,107.0 |
TATA STEEL LTD | -4,821.70 | -39.37 | 189,811.0 |
JINDAL STAINLESS LTD | 2,582.83 | 24.75 | 63,915.0 |
STEEL AUTHORITY OF INDIA LTD | 2,454.11 | 21.27 | 52,189.2 |
APL APOLLO TUBES LTD | 731.99 | 54.59 | 39,958.0 |
MOTHERSON SUMI WIRING INDIA LTD | 664.05 | 46.09 | 30,607.3 |
RATNAMANI METALS & TUBES LTD | 596.12 | 43.24 | 25,773.5 |
SHYAM METALICS AND ENERGY LTD | 1,103.70 | 23.18 | 25,586.6 |
WELSPUN CORP LTD | 901.63 | 19.13 | 17,248.2 |
JINDAL SAW LTD | 1,759.69 | 12.89 | 22,683.4 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs KALYANI STEELS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -39.37x |
Max industry PE | 54.59x |
Median industry PE | 23.18x |
Average industry PE | 23.02x |
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