MSP STEEL & POWER
|
The Current P/E Ratio of MSP STEEL & POWER is 148.72.
Share Price | ₹45.6 | Dec 03,2024 |
Market Cap | ₹1,755.5 Cr | |
Earnings-TTM | ₹11.8 Cr | TTM-Consolidated Results |
Price/Earnings | 148.72x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MSP STEEL & POWER
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,755.5 Cr] as on Dec 03,2024
(/) Earnings [ ₹11.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 148.72x ]
Thus, for MSP STEEL & POWER , the investors are currently willing to pay 148.72 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 MSP STEEL & POWER !
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 MSP STEEL & POWER over the last five years.
Historical PE (Price/Earnings) ratio chart of MSP STEEL & POWER
PE Ratio Performance Analysis for MSP STEEL & POWER
- MSP STEEL & POWER 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 31.35x.
- MSP STEEL & POWER 's operated at median p/e ratio of 16.08x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MSP STEEL & POWER 's p/e ratio peaked in Mar2024 at 81.94x.
- MSP STEEL & POWER 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does MSP STEEL & POWER '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 |
---|---|---|---|
MSP STEEL & POWER | 11.80 | 148.72 | 1,755.5 |
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 MSP STEEL & POWER 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.83x |
Max industry PE | 148.72x |
Median industry PE | 42.66x |
Average industry PE | 49.10x |
You may also like the below Video Courses