MANAKSIA STEELS
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The Current P/E Ratio of MANAKSIA STEELS is 26.01.
| Share Price | ₹58.0 | Oct 31,2025 |
| Market Cap | ₹379.9 Cr | |
| Earnings-TTM | ₹14.6 Cr | TTM-Consolidated Results |
| Price/Earnings | 26.01x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of MANAKSIA STEELS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹379.9 Cr] as on Oct 31,2025
(/) Earnings [ ₹14.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 26.01x ]
Thus, for MANAKSIA STEELS , the investors are currently willing to pay 26.01 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 MANAKSIA STEELS !
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 MANAKSIA STEELS over the last five years.
Historical PE (Price/Earnings) ratio chart of MANAKSIA STEELS
PE Ratio Performance Analysis for MANAKSIA STEELS
- MANAKSIA STEELS 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 15.18x.
- MANAKSIA STEELS 's operated at median p/e ratio of 13.63x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MANAKSIA STEELS 's p/e ratio peaked in Mar2025 at 29.56x.
- MANAKSIA STEELS 's p/e ratio hit its five-year low in Mar2021 of 5.84x.
How does MANAKSIA STEELS '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 |
|---|---|---|---|
| MANAKSIA STEELS | 14.61 | 26.01 | 379.9 |
| JSW STEEL LTD | 6,500.00 | 45.37 | 294,934.0 |
| TATA STEEL LTD | 4,084.55 | 55.91 | 228,385.0 |
| JINDAL STAINLESS LTD | 2,624.24 | 23.69 | 62,157.1 |
| STEEL AUTHORITY OF INDIA LTD | 2,159.99 | 26.23 | 56,650.1 |
| APL APOLLO TUBES LTD | 1,048.79 | 47.43 | 49,742.7 |
| MOTHERSON SUMI WIRING INDIA LTD | 600.09 | 52.22 | 31,334.6 |
| SHYAM METALICS AND ENERGY LTD | 923.70 | 26.51 | 24,486.8 |
| WELSPUN CORP LTD | 1,523.91 | 16.69 | 25,439.4 |
| RATNAMANI METALS & TUBES LTD | 562.83 | 30.23 | 17,016.2 |
| SARDA ENERGY & MINERALS LTD | 909.74 | 20.50 | 18,649.8 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs MANAKSIA STEELS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 16.69x |
| Max industry PE | 55.91x |
| Median industry PE | 26.51x |
| Average industry PE | 33.71x |
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