SHARDA ISPAT
|
The Current P/E Ratio of SHARDA ISPAT is 15.42.
Share Price | ₹442.0 | Sep 06,2024 |
Market Cap | ₹225.4 Cr | |
Earnings-TTM | ₹14.6 Cr | TTM-Standalone Results |
Price/Earnings | 15.42x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SHARDA ISPAT
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹225.4 Cr] as on Sep 06,2024
(/) Earnings [ ₹14.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 15.42x ]
Thus, for SHARDA ISPAT , the investors are currently willing to pay 15.42 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 SHARDA ISPAT !
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 SHARDA ISPAT over the last five years.
Historical PE (Price/Earnings) ratio chart of SHARDA ISPAT
PE Ratio Performance Analysis for SHARDA ISPAT
- SHARDA ISPAT 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.30x.
- SHARDA ISPAT 's operated at median p/e ratio of 7.53x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHARDA ISPAT 's p/e ratio peaked in Mar2022 at 11.26x.
- SHARDA ISPAT 's p/e ratio hit its five-year low in Mar2020 of 4.34x.
How does SHARDA ISPAT 's P/E Ratio benchmark against top 10 peers in Metal - Ferrous Industry?
Peer Comparison (Metal - Ferrous Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
SHARDA ISPAT | 14.62 | 15.42 | 225.4 |
NATIONAL STANDARD (INDIA) LTD | 14.58 | 649.13 | 9,466.9 |
SARTHAK METALS LTD | 10.37 | 23.14 | 240.1 |
Metal - Ferrous Industry Benchmark (Top 10) PE Analysis vs SHARDA ISPAT 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 15.42x |
Max industry PE | 649.13x |
Median industry PE | 23.14x |
Average industry PE | 229.23x |
You may also like the below Video Courses