Home > PE Ratio > KRITIKA WIRES

KRITIKA WIRES
PE (Price/Earnings) Ratio

The Current P/E Ratio of KRITIKA WIRES is 27.83.

Share Price ₹12.1Nov 21,2024
Market Cap ₹321.7 Cr
Earnings-TTM₹11.6 CrTTM-Standalone Results
Price/Earnings27.83xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for KRITIKA WIRES
Please provide your vote to see the results
KRITIKA WIRES is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of KRITIKA WIRES

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 KRITIKA WIRES is calculated as :

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 ]

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

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 latest p/e ratio is 27.83x.

- 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 RatioMarket Cap
KRITIKA WIRES 11.5627.83321.7
JSW STEEL LTD5,231.0044.13230,826.0
TATA STEEL LTD2,576.6867.95175,080.0
JINDAL STAINLESS LTD2,435.4022.1653,976.1
STEEL AUTHORITY OF INDIA LTD1,985.5123.0145,683.6
APL APOLLO TUBES LTD582.9368.3539,845.6
MOTHERSON SUMI WIRING INDIA LTD660.2541.1327,158.9
RATNAMANI METALS & TUBES LTD531.1448.0825,537.7
SHYAM METALICS AND ENERGY LTD837.3926.7722,414.3
WELSPUN CORP LTD849.1021.3418,116.5
JINDAL SAW LTD1,872.1310.2519,188.4

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs KRITIKA WIRES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 10.25x
Max industry PE 68.35x
Median industry PE 27.83x
Average industry PE 36.45x



You may also like the below Video Courses