VASWANI INDUSTRIES
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The Current P/E Ratio of VASWANI INDUSTRIES is 14.79.
Share Price | ₹48.5 | Nov 22,2024 |
Market Cap | ₹151.9 Cr | |
Earnings-TTM | ₹10.3 Cr | TTM-Standalone Results |
Price/Earnings | 14.79x | 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 [ ₹151.9 Cr] as on Nov 22,2024
(/) Earnings [ ₹10.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 14.79x ]
Thus, for VASWANI INDUSTRIES , the investors are currently willing to pay 14.79 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 | 10.27 | 14.79 | 151.9 |
JINDAL STEEL & POWER LTD | 5,059.52 | 17.72 | 89,675.9 |
LLOYDS METALS & ENERGY LTD | 1,467.13 | 32.57 | 47,785.0 |
JAI BALAJI INDUSTRIES LTD | 869.56 | 19.35 | 16,826.5 |
STEEL EXCHANGE INDIA LTD | 25.27 | 48.34 | 1,221.6 |
SURAJ PRODUCTS LTD | 26.43 | 21.28 | 562.4 |
SAL STEEL LTD | 0.44 | 466.34 | 205.2 |
KIC METALIKS LTD | 0.63 | 237.95 | 150.9 |
BIHAR SPONGE IRON LTD | 10.77 | 12.76 | 137.5 |
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 | 12.76x |
Max industry PE | 466.34x |
Median industry PE | 21.28x |
Average industry PE | 96.79x |
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