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SAL STEEL
PE (Price/Earnings) Ratio

The Current P/E Ratio of SAL STEEL is -22.61.

Share Price ₹17.1Jul 01,2025
Market Cap ₹145.4 Cr
Earnings-TTM₹-6.4 CrTTM-Standalone Results
Price/Earnings-22.61xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SAL STEEL

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 SAL STEEL is calculated as :

Current Market Cap [ ₹145.4 Cr] as on Jul 01,2025

(/) Earnings [ ₹-6.4 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ -22.61x ]

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

Thus, for SAL STEEL , the investors are currently willing to pay -22.61 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 latest p/e ratio is -22.61x.

- 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 RatioMarket Cap
SAL STEEL -6.43-22.61145.4
JINDAL STEEL & POWER LTD2,854.7533.8996,750.3
LLOYDS METALS & ENERGY LTD1,449.8956.9182,515.2
JAI BALAJI INDUSTRIES LTD557.8820.6911,540.0
STEEL EXCHANGE INDIA LTD25.9445.531,180.9
SURAJ PRODUCTS LTD21.4415.07323.0
VASWANI INDUSTRIES LTD8.6116.31140.3
KIC METALIKS LTD-6.09-21.88133.4
BIHAR SPONGE IRON LTD10.3913.71142.5

Steel/Sponge Iron/Pig Iron Industry Benchmark (Top 10) PE Analysis vs SAL STEEL 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -22.61x
Max industry PE 56.91x
Median industry PE 16.31x
Average industry PE 17.51x



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