STEELCAST
|
The Current P/E Ratio of STEELCAST is 28.63.
Share Price | ₹909.0 | Jan 29,2025 |
Market Cap | ₹1,836.2 Cr | |
Earnings-TTM | ₹64.1 Cr | TTM-Standalone Results |
Price/Earnings | 28.63x | 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 [ ₹1,836.2 Cr] as on Jan 29,2025
(/) Earnings [ ₹64.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 28.63x ]
Thus, for STEELCAST , the investors are currently willing to pay 28.63 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 | 28.63 | 1,836.2 |
AIA ENGINEERING LTD | 1,052.84 | 32.34 | 34,054.0 |
PTC INDUSTRIES LTD | 45.00 | 460.09 | 20,704.5 |
ELECTROSTEEL CASTINGS LTD | 871.82 | 8.75 | 7,625.3 |
KIRLOSKAR FERROUS INDUSTRIES LTD | 270.45 | 34.44 | 9,314.5 |
ALICON CASTALLOY LTD | 73.13 | 21.47 | 1,569.8 |
NELCAST LTD | 48.37 | 20.12 | 973.1 |
UNI ABEX ALLOY PRODUCTS LTD | 29.54 | 17.27 | 510.1 |
SYNERGY GREEN INDUSTRIES LTD | 12.98 | 48.98 | 635.7 |
NITIN CASTINGS LTD | 13.47 | 22.51 | 303.3 |
INVESTMENT & PRECISION CASTINGS LTD | 5.80 | 72.47 | 420.1 |
Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs STEELCAST 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 8.75x |
Max industry PE | 460.09x |
Median industry PE | 28.63x |
Average industry PE | 69.73x |
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