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VASWANI INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of VASWANI INDUSTRIES is 18.00.

Share Price ₹50.6Nov 01,2024
Market Cap ₹158.3 Cr
Earnings-TTM₹8.8 CrTTM-Standalone Results
Price/Earnings18.00xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of VASWANI INDUSTRIES

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 VASWANI INDUSTRIES is calculated as :

Current Market Cap [ ₹158.3 Cr] as on Nov 01,2024

(/) Earnings [ ₹8.8 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 18.00x ]

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

Thus, for VASWANI INDUSTRIES , the investors are currently willing to pay 18.00 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 VASWANI INDUSTRIES !

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 VASWANI INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of VASWANI INDUSTRIES


PE Ratio Performance Analysis for VASWANI INDUSTRIES

- VASWANI INDUSTRIES 's latest p/e ratio is 18.00x.

- VASWANI INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 8.16x.

- VASWANI INDUSTRIES 's operated at median p/e ratio of 9.96x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, VASWANI INDUSTRIES 's p/e ratio peaked in Mar2022 at 13.43x.

- VASWANI INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 0x.


How does VASWANI INDUSTRIES '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 RatioMarket Cap
VASWANI INDUSTRIES 8.7918.00158.3
JINDAL STEEL & POWER LTD5,589.4016.9794,837.6
LLOYDS METALS & ENERGY LTD1,467.1334.7650,992.4
JAI BALAJI INDUSTRIES LTD917.9621.4819,721.1
STEEL EXCHANGE INDIA LTD25.2755.551,403.6
SURAJ PRODUCTS LTD27.2524.98680.7
SAL STEEL LTD0.52425.48221.3
KIC METALIKS LTD1.51108.08163.1
BIHAR SPONGE IRON LTD10.4514.87155.3

Steel/Sponge Iron/Pig Iron Industry Benchmark (Top 10) PE Analysis vs VASWANI INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 14.87x
Max industry PE 425.48x
Median industry PE 24.98x
Average industry PE 80.02x



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