LA TIM METAL & INDUSTRIES
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The Current P/E Ratio of LA TIM METAL & INDUSTRIES is -41.23.
Share Price | ₹15.3 | Nov 14,2024 |
Market Cap | ₹202.5 Cr | |
Earnings-TTM | ₹-4.9 Cr | TTM-Consolidated Results |
Price/Earnings | -41.23x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of LA TIM METAL & INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹202.5 Cr] as on Nov 14,2024
(/) Earnings [ ₹-4.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -41.23x ]
Thus, for LA TIM METAL & INDUSTRIES , the investors are currently willing to pay -41.23 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 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 Ratio | Market Cap |
---|---|---|---|
LA TIM METAL & INDUSTRIES | -4.91 | -41.23 | 202.5 |
JSW STEEL LTD | 5,231.00 | 43.89 | 229,591.0 |
TATA STEEL LTD | 2,576.68 | 66.86 | 172,272.0 |
JINDAL STAINLESS LTD | 2,435.40 | 23.47 | 57,162.8 |
STEEL AUTHORITY OF INDIA LTD | 1,985.51 | 23.28 | 46,220.6 |
APL APOLLO TUBES LTD | 582.93 | 70.04 | 40,830.8 |
MOTHERSON SUMI WIRING INDIA LTD | 660.25 | 40.80 | 26,937.8 |
RATNAMANI METALS & TUBES LTD | 531.14 | 46.54 | 24,718.6 |
SHYAM METALICS AND ENERGY LTD | 837.39 | 27.09 | 22,680.9 |
WELSPUN CORP LTD | 849.10 | 20.95 | 17,788.6 |
JINDAL SAW LTD | 1,872.13 | 10.07 | 18,855.9 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs LA TIM METAL & INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -41.23x |
Max industry PE | 70.04x |
Median industry PE | 27.09x |
Average industry PE | 30.16x |
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