KRITIKA WIRES
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The Current P/E Ratio of KRITIKA WIRES is 27.83.
Share Price | ₹12.1 | Nov 21,2024 |
Market Cap | ₹321.7 Cr | |
Earnings-TTM | ₹11.6 Cr | TTM-Standalone Results |
Price/Earnings | 27.83x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of KRITIKA WIRES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹321.7 Cr] as on Nov 21,2024
(/) Earnings [ ₹11.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 27.83x ]
Thus, for KRITIKA WIRES , the investors are currently willing to pay 27.83 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 KRITIKA 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 KRITIKA WIRES over the last five years.
Historical PE (Price/Earnings) ratio chart of KRITIKA WIRES
PE Ratio Performance Analysis for KRITIKA WIRES
- KRITIKA WIRES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.65x.
- KRITIKA WIRES 's operated at median p/e ratio of 7.81x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KRITIKA WIRES 's p/e ratio peaked in Mar2021 at 16.64x.
- KRITIKA WIRES 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does KRITIKA 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 Ratio | Market Cap |
---|---|---|---|
KRITIKA WIRES | 11.56 | 27.83 | 321.7 |
JSW STEEL LTD | 5,231.00 | 44.13 | 230,826.0 |
TATA STEEL LTD | 2,576.68 | 67.95 | 175,080.0 |
JINDAL STAINLESS LTD | 2,435.40 | 22.16 | 53,976.1 |
STEEL AUTHORITY OF INDIA LTD | 1,985.51 | 23.01 | 45,683.6 |
APL APOLLO TUBES LTD | 582.93 | 68.35 | 39,845.6 |
MOTHERSON SUMI WIRING INDIA LTD | 660.25 | 41.13 | 27,158.9 |
RATNAMANI METALS & TUBES LTD | 531.14 | 48.08 | 25,537.7 |
SHYAM METALICS AND ENERGY LTD | 837.39 | 26.77 | 22,414.3 |
WELSPUN CORP LTD | 849.10 | 21.34 | 18,116.5 |
JINDAL SAW LTD | 1,872.13 | 10.25 | 19,188.4 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs KRITIKA WIRES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.25x |
Max industry PE | 68.35x |
Median industry PE | 27.83x |
Average industry PE | 36.45x |
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