MISHRA DHATU NIGAM
|
The Current P/E Ratio of MISHRA DHATU NIGAM is 78.88.
Share Price | ₹368.6 | Dec 03,2024 |
Market Cap | ₹6,903.9 Cr | |
Earnings-TTM | ₹87.5 Cr | TTM-Consolidated Results |
Price/Earnings | 78.88x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MISHRA DHATU NIGAM
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹6,903.9 Cr] as on Dec 03,2024
(/) Earnings [ ₹87.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 78.88x ]
Thus, for MISHRA DHATU NIGAM , the investors are currently willing to pay 78.88 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 MISHRA DHATU NIGAM !
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 MISHRA DHATU NIGAM over the last five years.
Historical PE (Price/Earnings) ratio chart of MISHRA DHATU NIGAM
PE Ratio Performance Analysis for MISHRA DHATU NIGAM
- MISHRA DHATU NIGAM 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 32.22x.
- MISHRA DHATU NIGAM 's operated at median p/e ratio of 21.19x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MISHRA DHATU NIGAM 's p/e ratio peaked in Mar2024 at 80.38x.
- MISHRA DHATU NIGAM 's p/e ratio hit its five-year low in Mar2022 of 17.54x.
How does MISHRA DHATU NIGAM '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 |
---|---|---|---|
MISHRA DHATU NIGAM | 87.52 | 78.88 | 6,903.9 |
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 MISHRA DHATU NIGAM 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.83x |
Max industry PE | 78.88x |
Median industry PE | 42.66x |
Average industry PE | 42.75x |
You may also like the below Video Courses