Home > PE Ratio > MAN INDUSTRIES (INDIA)

MAN INDUSTRIES (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of MAN INDUSTRIES (INDIA) is 18.03.

Share Price ₹294.4Nov 21,2024
Market Cap ₹1,904.4 Cr
Earnings-TTM₹105.6 CrTTM-Consolidated Results
Price/Earnings18.03xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for MAN INDUSTRIES (INDIA)
Please provide your vote to see the results

Definition & Calculation of PE (Price/Earnings) ratio of MAN INDUSTRIES (INDIA)

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 MAN INDUSTRIES (INDIA) is calculated as :

Current Market Cap [ ₹1,904.4 Cr] as on Nov 21,2024

(/) Earnings [ ₹105.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 18.03x ]

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

Thus, for MAN INDUSTRIES (INDIA) , the investors are currently willing to pay 18.03 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 MAN INDUSTRIES (INDIA) !

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 MAN INDUSTRIES (INDIA) over the last five years.

Historical PE (Price/Earnings) ratio chart of MAN INDUSTRIES (INDIA)


PE Ratio Performance Analysis for MAN INDUSTRIES (INDIA)

- MAN INDUSTRIES (INDIA) 's latest p/e ratio is 18.03x.

- MAN INDUSTRIES (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 8.95x.

- MAN INDUSTRIES (INDIA) 's operated at median p/e ratio of 5.57x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MAN INDUSTRIES (INDIA) 's p/e ratio peaked in Mar2024 at 22.11x.

- MAN INDUSTRIES (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 4.21x.


How does MAN INDUSTRIES (INDIA) '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
MAN INDUSTRIES (INDIA) 105.6418.031,904.4
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 MAN INDUSTRIES (INDIA) 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 10.25x
Max industry PE 68.35x
Median industry PE 26.77x
Average industry PE 35.56x



You may also like the below Video Courses