STEELCAST
|
The Current P/E Ratio of STEELCAST is 27.77.
Share Price | ₹881.8 | Apr 11,2025 |
Market Cap | ₹1,781.1 Cr | |
Earnings-TTM | ₹64.1 Cr | TTM-Standalone Results |
Price/Earnings | 27.77x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of STEELCAST
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,781.1 Cr] as on Apr 11,2025
(/) Earnings [ ₹64.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 27.77x ]
Thus, for STEELCAST , the investors are currently willing to pay 27.77 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 STEELCAST !
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 STEELCAST over the last five years.
Historical PE (Price/Earnings) ratio chart of STEELCAST
PE Ratio Performance Analysis for STEELCAST
- STEELCAST 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 19.06x.
- STEELCAST 's operated at median p/e ratio of 19.78x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, STEELCAST 's p/e ratio peaked in Mar2021 at 23.54x.
- STEELCAST 's p/e ratio hit its five-year low in Mar2023 of 13.07x.
How does STEELCAST 's P/E Ratio benchmark against top 10 peers in Castings/Forgings Industry?
Peer Comparison (Castings/Forgings Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
STEELCAST | 64.14 | 27.77 | 1,781.1 |
AIA ENGINEERING LTD | 1,028.39 | 28.78 | 29,595.2 |
PTC INDUSTRIES LTD | 51.16 | 387.10 | 19,804.7 |
KIRLOSKAR FERROUS INDUSTRIES LTD | 219.43 | 33.79 | 7,414.2 |
ELECTROSTEEL CASTINGS LTD | 768.55 | 7.63 | 5,866.6 |
ALICON CASTALLOY LTD | 57.17 | 18.35 | 1,049.3 |
NELCAST LTD | 28.81 | 26.20 | 754.8 |
SYNERGY GREEN INDUSTRIES LTD | 16.31 | 39.98 | 652.0 |
UNI ABEX ALLOY PRODUCTS LTD | 24.37 | 21.03 | 512.4 |
INVESTMENT & PRECISION CASTINGS LTD | 4.86 | 78.51 | 381.4 |
MAGNA ELECTRO CASTINGS LTD | 22.39 | 17.20 | 385.0 |
Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs STEELCAST 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 7.63x |
Max industry PE | 387.10x |
Median industry PE | 27.77x |
Average industry PE | 62.39x |
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