MAN INDUSTRIES (INDIA)
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The Current P/E Ratio of MAN INDUSTRIES (INDIA) is 18.03.
Share Price | ₹294.4 | Nov 21,2024 |
Market Cap | ₹1,904.4 Cr | |
Earnings-TTM | ₹105.6 Cr | TTM-Consolidated Results |
Price/Earnings | 18.03x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MAN INDUSTRIES (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
MAN INDUSTRIES (INDIA) | 105.64 | 18.03 | 1,904.4 |
JSW STEEL LTD | 5,231.00 | 44.13 | 230,826.0 |
TATA STEEL LTD | 2,576.68 | 67.95 | 175,080.0 |
JINDAL STAINLESS LTD | 2,435.40 | 22.16 | 53,976.1 |
STEEL AUTHORITY OF INDIA LTD | 1,985.51 | 23.01 | 45,683.6 |
APL APOLLO TUBES LTD | 582.93 | 68.35 | 39,845.6 |
MOTHERSON SUMI WIRING INDIA LTD | 660.25 | 41.13 | 27,158.9 |
RATNAMANI METALS & TUBES LTD | 531.14 | 48.08 | 25,537.7 |
SHYAM METALICS AND ENERGY LTD | 837.39 | 26.77 | 22,414.3 |
WELSPUN CORP LTD | 849.10 | 21.34 | 18,116.5 |
JINDAL SAW LTD | 1,872.13 | 10.25 | 19,188.4 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs MAN INDUSTRIES (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.25x |
Max industry PE | 68.35x |
Median industry PE | 26.77x |
Average industry PE | 35.56x |
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