VASWANI INDUSTRIES
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The Current P/E Ratio of VASWANI INDUSTRIES is 18.00.
Share Price | ₹50.6 | Nov 01,2024 |
Market Cap | ₹158.3 Cr | |
Earnings-TTM | ₹8.8 Cr | TTM-Standalone Results |
Price/Earnings | 18.00x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of VASWANI INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
VASWANI INDUSTRIES | 8.79 | 18.00 | 158.3 |
JINDAL STEEL & POWER LTD | 5,589.40 | 16.97 | 94,837.6 |
LLOYDS METALS & ENERGY LTD | 1,467.13 | 34.76 | 50,992.4 |
JAI BALAJI INDUSTRIES LTD | 917.96 | 21.48 | 19,721.1 |
STEEL EXCHANGE INDIA LTD | 25.27 | 55.55 | 1,403.6 |
SURAJ PRODUCTS LTD | 27.25 | 24.98 | 680.7 |
SAL STEEL LTD | 0.52 | 425.48 | 221.3 |
KIC METALIKS LTD | 1.51 | 108.08 | 163.1 |
BIHAR SPONGE IRON LTD | 10.45 | 14.87 | 155.3 |
Steel/Sponge Iron/Pig Iron Industry Benchmark (Top 10) PE Analysis vs VASWANI INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE 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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