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MSP STEEL & POWER
PE (Price/Earnings) Ratio

The Current P/E Ratio of MSP STEEL & POWER is 148.72.

Share Price ₹45.6Dec 03,2024
Market Cap ₹1,755.5 Cr
Earnings-TTM₹11.8 CrTTM-Consolidated Results
Price/Earnings148.72xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MSP STEEL & POWER

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 MSP STEEL & POWER is calculated as :

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 ]

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

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 latest p/e ratio is 148.72x.

- 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 RatioMarket Cap
MSP STEEL & POWER 11.80148.721,755.5
JSW STEEL LTD5,231.0046.65244,044.0
TATA STEEL LTD2,576.6871.00182,945.0
JINDAL STAINLESS LTD2,435.4024.2258,981.9
STEEL AUTHORITY OF INDIA LTD1,985.5125.5550,722.9
APL APOLLO TUBES LTD582.9374.0343,156.5
MOTHERSON SUMI WIRING INDIA LTD660.2542.6628,166.9
RATNAMANI METALS & TUBES LTD531.1444.5423,655.0
SHYAM METALICS AND ENERGY LTD837.3927.6323,134.4
WELSPUN CORP LTD849.1024.2820,618.0
JINDAL SAW LTD1,872.1310.8320,269.2

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs MSP STEEL & POWER 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 10.83x
Max industry PE 148.72x
Median industry PE 42.66x
Average industry PE 49.10x



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