STERLING TOOLS
|
The Current P/E Ratio of STERLING TOOLS is 32.96.
| Share Price | ₹601.7 | Dec 26,2024 |
| Market Cap | ₹2,166.1 Cr | |
| Earnings-TTM | ₹65.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 32.96x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of STERLING TOOLS
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)
Current Market Cap [ ₹2,166.1 Cr] as on Dec 26,2024
(/) Earnings [ ₹65.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 32.96x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for STERLING TOOLS , the investors are currently willing to pay 32.96 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 STERLING TOOLS !
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 STERLING TOOLS over the last five years.
Thus, for STERLING TOOLS , the investors are currently willing to pay 32.96 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 STERLING TOOLS !
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 STERLING TOOLS over the last five years.
Historical PE (Price/Earnings) ratio chart of STERLING TOOLS
PE Ratio Performance Analysis for STERLING TOOLS
- STERLING TOOLS 's latest p/e ratio is 32.96x.
- STERLING TOOLS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 22.91x.
- STERLING TOOLS 's operated at median p/e ratio of 19.92x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, STERLING TOOLS 's p/e ratio peaked in Mar2023 at 30.24x.
- STERLING TOOLS 's p/e ratio hit its five-year low in Mar2020 of 15.35x.
- STERLING TOOLS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 22.91x.
- STERLING TOOLS 's operated at median p/e ratio of 19.92x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, STERLING TOOLS 's p/e ratio peaked in Mar2023 at 30.24x.
- STERLING TOOLS 's p/e ratio hit its five-year low in Mar2020 of 15.35x.
How does STERLING TOOLS 's P/E Ratio benchmark against top 10 peers in Fasteners Industry?
| Peer Comparison (Fasteners Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| STERLING TOOLS | 65.72 | 32.96 | 2,166.1 |
| SUNDRAM FASTENERS LTD | 550.38 | 40.59 | 22,340.8 |
Fasteners Industry Benchmark (Top 10) PE Analysis vs STERLING TOOLS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 32.96x |
| Max industry PE | 40.59x |
| Median industry PE | 40.59x |
| Average industry PE | 36.78x |
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