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LA TIM METAL & INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of LA TIM METAL & INDUSTRIES is -42.63.

Share Price ₹15.8Nov 08,2024
Market Cap ₹209.4 Cr
Earnings-TTM₹-4.9 CrTTM-Consolidated Results
Price/Earnings-42.63xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of LA TIM 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 LA TIM METAL & INDUSTRIES is calculated as :

Current Market Cap [ ₹209.4 Cr] as on Nov 08,2024

(/) Earnings [ ₹-4.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -42.63x ]

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

Thus, for LA TIM METAL & INDUSTRIES , the investors are currently willing to pay -42.63 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 LA TIM 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 LA TIM METAL & INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of LA TIM METAL & INDUSTRIES


PE Ratio Performance Analysis for LA TIM METAL & INDUSTRIES

- LA TIM METAL & INDUSTRIES 's latest p/e ratio is -42.63x.

- LA TIM METAL & INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.21x.

- LA TIM METAL & INDUSTRIES '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, LA TIM METAL & INDUSTRIES 's p/e ratio peaked in Mar2022 at 0.81x.

- LA TIM METAL & INDUSTRIES 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does LA TIM 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
LA TIM METAL & INDUSTRIES -4.91-42.63209.4
JSW STEEL LTD5,231.0046.60243,775.0
TATA STEEL LTD2,576.6871.48184,193.0
JINDAL STAINLESS LTD2,435.4024.0358,521.5
STEEL AUTHORITY OF INDIA LTD1,985.5124.6248,884.8
APL APOLLO TUBES LTD582.9372.2642,121.3
MOTHERSON SUMI WIRING INDIA LTD660.2542.7928,250.9
RATNAMANI METALS & TUBES LTD596.1242.4825,324.9
SHYAM METALICS AND ENERGY LTD837.3927.2422,809.3
WELSPUN CORP LTD849.1023.9320,319.0
JINDAL SAW LTD1,872.1310.4919,642.5

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

Top 10 Industry PeersPE Ratio
Min industry PE -42.63x
Max industry PE 72.26x
Median industry PE 27.24x
Average industry PE 31.21x



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