SURAJ PRODUCTS
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The Current P/E Ratio of SURAJ PRODUCTS is 21.52.
Share Price | ₹498.9 | Dec 12,2024 |
Market Cap | ₹568.7 Cr | |
Earnings-TTM | ₹26.4 Cr | TTM-Standalone Results |
Price/Earnings | 21.52x | 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 [ ₹568.7 Cr] as on Dec 12,2024
(/) Earnings [ ₹26.4 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 21.52x ]
Thus, for SURAJ PRODUCTS , the investors are currently willing to pay 21.52 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 | 21.52 | 568.7 |
JINDAL STEEL & POWER LTD | 5,059.52 | 20.18 | 102,085.0 |
LLOYDS METALS & ENERGY LTD | 1,467.13 | 39.13 | 57,409.9 |
JAI BALAJI INDUSTRIES LTD | 869.56 | 19.96 | 17,353.8 |
STEEL EXCHANGE INDIA LTD | 25.27 | 52.99 | 1,339.0 |
SAL STEEL LTD | 0.44 | 499.57 | 219.8 |
KIC METALIKS LTD | 0.63 | 247.92 | 157.2 |
BIHAR SPONGE IRON LTD | 10.77 | 16.14 | 173.8 |
VASWANI INDUSTRIES LTD | 10.27 | 15.26 | 156.7 |
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 | 15.26x |
Max industry PE | 499.57x |
Median industry PE | 21.52x |
Average industry PE | 103.63x |
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