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STEELCAST
PE (Price/Earnings) Ratio

The Current P/E Ratio of STEELCAST is 28.63.

Share Price ₹909.0Jan 29,2025
Market Cap ₹1,836.2 Cr
Earnings-TTM₹64.1 CrTTM-Standalone Results
Price/Earnings28.63xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of STEELCAST

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 STEELCAST is calculated as :

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 ]

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

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 latest p/e ratio is 28.63x.

- 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 RatioMarket Cap
STEELCAST 64.1428.631,836.2
AIA ENGINEERING LTD1,052.8432.3434,054.0
PTC INDUSTRIES LTD45.00460.0920,704.5
ELECTROSTEEL CASTINGS LTD871.828.757,625.3
KIRLOSKAR FERROUS INDUSTRIES LTD270.4534.449,314.5
ALICON CASTALLOY LTD73.1321.471,569.8
NELCAST LTD48.3720.12973.1
UNI ABEX ALLOY PRODUCTS LTD29.5417.27510.1
SYNERGY GREEN INDUSTRIES LTD12.9848.98635.7
NITIN CASTINGS LTD13.4722.51303.3
INVESTMENT & PRECISION CASTINGS LTD5.8072.47420.1

Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs STEELCAST 's P/E Ratio

Top 10 Industry PeersPE 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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