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MAHARASHTRA SEAMLESS
PE (Price/Earnings) Ratio

The Current P/E Ratio of MAHARASHTRA SEAMLESS is 10.37.

Share Price ₹666.8Dec 03,2024
Market Cap ₹8,935.1 Cr
Earnings-TTM₹862.1 CrTTM-Consolidated Results
Price/Earnings10.37xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MAHARASHTRA SEAMLESS

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 MAHARASHTRA SEAMLESS is calculated as :

Current Market Cap [ ₹8,935.1 Cr] as on Dec 03,2024

(/) Earnings [ ₹862.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 10.37x ]

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

Thus, for MAHARASHTRA SEAMLESS , the investors are currently willing to pay 10.37 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 MAHARASHTRA SEAMLESS !

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 MAHARASHTRA SEAMLESS over the last five years.

Historical PE (Price/Earnings) ratio chart of MAHARASHTRA SEAMLESS


PE Ratio Performance Analysis for MAHARASHTRA SEAMLESS

- MAHARASHTRA SEAMLESS 's latest p/e ratio is 10.37x.

- MAHARASHTRA SEAMLESS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 7.60x.

- MAHARASHTRA SEAMLESS 's operated at median p/e ratio of 7.72x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MAHARASHTRA SEAMLESS 's p/e ratio peaked in Mar2024 at 11.92x.

- MAHARASHTRA SEAMLESS 's p/e ratio hit its five-year low in Mar2022 of 2.67x.


How does MAHARASHTRA SEAMLESS '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
MAHARASHTRA SEAMLESS 862.0510.378,935.1
JSW STEEL LTD5,231.0046.65244,044.0
TATA STEEL LTD2,576.6871.00182,945.0
JINDAL STAINLESS LTD2,435.4024.2258,981.9
STEEL AUTHORITY OF INDIA LTD1,985.5125.5550,722.9
APL APOLLO TUBES LTD582.9374.0343,156.5
MOTHERSON SUMI WIRING INDIA LTD660.2542.6628,166.9
RATNAMANI METALS & TUBES LTD531.1444.5423,655.0
SHYAM METALICS AND ENERGY LTD837.3927.6323,134.4
WELSPUN CORP LTD849.1024.2820,618.0
JINDAL SAW LTD1,872.1310.8320,269.2

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

Top 10 Industry PeersPE Ratio
Min industry PE 10.37x
Max industry PE 74.03x
Median industry PE 27.63x
Average industry PE 36.52x



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