SURAJ PRODUCTS
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The Current P/E Ratio of SURAJ PRODUCTS is 21.57.
Share Price | ₹500.0 | Nov 21,2024 |
Market Cap | ₹570.0 Cr | |
Earnings-TTM | ₹26.4 Cr | TTM-Standalone Results |
Price/Earnings | 21.57x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SURAJ PRODUCTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹570.0 Cr] as on Nov 21,2024
(/) Earnings [ ₹26.4 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 21.57x ]
Thus, for SURAJ PRODUCTS , the investors are currently willing to pay 21.57 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 PRODUCTS !
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 PRODUCTS over the last five years.
Historical PE (Price/Earnings) ratio chart of SURAJ PRODUCTS
PE Ratio Performance Analysis for SURAJ PRODUCTS
- SURAJ PRODUCTS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.62x.
- SURAJ PRODUCTS 's operated at median p/e ratio of 5.35x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SURAJ PRODUCTS 's p/e ratio peaked in Mar2024 at 15.98x.
- SURAJ PRODUCTS 's p/e ratio hit its five-year low in Mar2020 of 1.96x.
How does SURAJ PRODUCTS 's P/E Ratio benchmark against top 10 peers in Steel/Sponge Iron/Pig Iron Industry?
Peer Comparison (Steel/Sponge Iron/Pig Iron Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
SURAJ PRODUCTS | 26.43 | 21.57 | 570.0 |
JINDAL STEEL & POWER LTD | 5,059.52 | 17.57 | 88,880.3 |
LLOYDS METALS & ENERGY LTD | 1,467.13 | 32.60 | 47,826.8 |
JAI BALAJI INDUSTRIES LTD | 869.56 | 19.50 | 16,959.7 |
STEEL EXCHANGE INDIA LTD | 25.27 | 48.20 | 1,218.0 |
SAL STEEL LTD | 0.44 | 467.70 | 205.8 |
KIC METALIKS LTD | 0.63 | 235.09 | 149.1 |
BIHAR SPONGE IRON LTD | 10.77 | 12.28 | 132.3 |
VASWANI INDUSTRIES LTD | 10.27 | 14.80 | 152.0 |
Steel/Sponge Iron/Pig Iron Industry Benchmark (Top 10) PE Analysis vs SURAJ PRODUCTS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 12.28x |
Max industry PE | 467.70x |
Median industry PE | 21.57x |
Average industry PE | 96.59x |
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