SURAJ
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The Current P/E Ratio of SURAJ is 20.53.
Share Price | ₹234.2 | May 31,2024 |
Market Cap | ₹430.9 Cr | |
Earnings-TTM | ₹21.0 Cr | TTM-Standalone Results |
Price/Earnings | 20.53x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SURAJ
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹430.9 Cr] as on May 31,2024
(/) Earnings [ ₹21.0 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 20.53x ]
Thus, for SURAJ , the investors are currently willing to pay 20.53 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 SURAJ !
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 SURAJ over the last five years.
Historical PE (Price/Earnings) ratio chart of SURAJ
PE Ratio Performance Analysis for SURAJ
- SURAJ 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 30.78x.
- SURAJ 's operated at median p/e ratio of 40.04x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SURAJ 's p/e ratio peaked in Mar2020 at 47.16x.
- SURAJ 's p/e ratio hit its five-year low in Mar2023 of 7.16x.
How does SURAJ 's P/E Ratio benchmark against top 10 peers in Steel & Iron Products Industry?
Peer Comparison (Steel & Iron Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
SURAJ | 20.99 | 20.53 | 430.9 |
JSW STEEL LTD | 9,145.00 | 23.57 | 215,555.0 |
TATA STEEL LTD | -4,851.63 | -43.01 | 208,661.0 |
JINDAL STAINLESS LTD | 2,640.35 | 24.77 | 65,409.5 |
STEEL AUTHORITY OF INDIA LTD | 2,628.06 | 24.90 | 65,427.5 |
APL APOLLO TUBES LTD | 732.44 | 56.90 | 41,675.9 |
MOTHERSON SUMI WIRING INDIA LTD | 638.31 | 46.88 | 29,922.1 |
RATNAMANI METALS & TUBES LTD | 625.10 | 38.11 | 23,821.8 |
SHYAM METALICS AND ENERGY LTD | 1,062.79 | 15.99 | 16,994.9 |
WELSPUN CORP LTD | 874.16 | 16.45 | 14,377.3 |
JINDAL SAW LTD | 1,591.89 | 10.80 | 17,188.4 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs SURAJ 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -43.01x |
Max industry PE | 56.90x |
Median industry PE | 23.57x |
Average industry PE | 21.44x |
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