SAL STEEL
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The Current P/E Ratio of SAL STEEL is 75.02.
Share Price | ₹19.8 | Feb 21,2025 |
Market Cap | ₹168.0 Cr | |
Earnings-TTM | ₹2.2 Cr | TTM-Standalone Results |
Price/Earnings | 75.02x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SAL STEEL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹168.0 Cr] as on Feb 21,2025
(/) Earnings [ ₹2.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 75.02x ]
Thus, for SAL STEEL , the investors are currently willing to pay 75.02 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 SAL STEEL !
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 SAL STEEL over the last five years.
Historical PE (Price/Earnings) ratio chart of SAL STEEL
PE Ratio Performance Analysis for SAL STEEL
- SAL STEEL 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 83.54x.
- SAL STEEL 's operated at median p/e ratio of 7.33x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SAL STEEL 's p/e ratio peaked in Mar2024 at 374.5x.
- SAL STEEL 's p/e ratio hit its five-year low in Mar2020 of 0.92x.
How does SAL STEEL 's P/E Ratio benchmark against top 10 peers in Steel/Sponge Iron/Pig Iron Industry?
Peer Comparison (Steel/Sponge Iron/Pig Iron Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
SAL STEEL | 2.24 | 75.02 | 168.0 |
JINDAL STEEL & POWER LTD | 4,082.45 | 21.99 | 89,757.5 |
LLOYDS METALS & ENERGY LTD | 1,524.92 | 40.97 | 62,469.9 |
JAI BALAJI INDUSTRIES LTD | 755.38 | 16.47 | 12,438.5 |
STEEL EXCHANGE INDIA LTD | 40.92 | 25.11 | 1,027.6 |
SURAJ PRODUCTS LTD | 23.01 | 18.71 | 430.4 |
VASWANI INDUSTRIES LTD | 9.72 | 13.70 | 133.2 |
KIC METALIKS LTD | -3.02 | -40.44 | 122.3 |
BIHAR SPONGE IRON LTD | 11.53 | 10.11 | 116.6 |
Steel/Sponge Iron/Pig Iron Industry Benchmark (Top 10) PE Analysis vs SAL STEEL 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -40.44x |
Max industry PE | 75.02x |
Median industry PE | 18.71x |
Average industry PE | 20.18x |
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