MAHARASHTRA SEAMLESS
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The Current P/E Ratio of MAHARASHTRA SEAMLESS is 10.37.
Share Price | ₹666.8 | Dec 03,2024 |
Market Cap | ₹8,935.1 Cr | |
Earnings-TTM | ₹862.1 Cr | TTM-Consolidated Results |
Price/Earnings | 10.37x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MAHARASHTRA SEAMLESS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
MAHARASHTRA SEAMLESS | 862.05 | 10.37 | 8,935.1 |
JSW STEEL LTD | 5,231.00 | 46.65 | 244,044.0 |
TATA STEEL LTD | 2,576.68 | 71.00 | 182,945.0 |
JINDAL STAINLESS LTD | 2,435.40 | 24.22 | 58,981.9 |
STEEL AUTHORITY OF INDIA LTD | 1,985.51 | 25.55 | 50,722.9 |
APL APOLLO TUBES LTD | 582.93 | 74.03 | 43,156.5 |
MOTHERSON SUMI WIRING INDIA LTD | 660.25 | 42.66 | 28,166.9 |
RATNAMANI METALS & TUBES LTD | 531.14 | 44.54 | 23,655.0 |
SHYAM METALICS AND ENERGY LTD | 837.39 | 27.63 | 23,134.4 |
WELSPUN CORP LTD | 849.10 | 24.28 | 20,618.0 |
JINDAL SAW LTD | 1,872.13 | 10.83 | 20,269.2 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs MAHARASHTRA SEAMLESS 's P/E Ratio
Top 10 Industry Peers | PE 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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