WELSPUN SPECIALTY SOLUTIONS
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The Current P/E Ratio of WELSPUN SPECIALTY SOLUTIONS is 66.45.
Share Price | ₹40.2 | Feb 03,2025 |
Market Cap | ₹2,128.4 Cr | |
Earnings-TTM | ₹32.0 Cr | TTM-Standalone Results |
Price/Earnings | 66.45x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of WELSPUN SPECIALTY SOLUTIONS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,128.4 Cr] as on Feb 03,2025
(/) Earnings [ ₹32.0 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 66.45x ]
Thus, for WELSPUN SPECIALTY SOLUTIONS , the investors are currently willing to pay 66.45 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 WELSPUN SPECIALTY SOLUTIONS !
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 WELSPUN SPECIALTY SOLUTIONS over the last five years.
Historical PE (Price/Earnings) ratio chart of WELSPUN SPECIALTY SOLUTIONS
PE Ratio Performance Analysis for WELSPUN SPECIALTY SOLUTIONS
- WELSPUN SPECIALTY SOLUTIONS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.76x.
- WELSPUN SPECIALTY SOLUTIONS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, WELSPUN SPECIALTY SOLUTIONS 's p/e ratio peaked in Mar2024 at 26.66x.
- WELSPUN SPECIALTY SOLUTIONS 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does WELSPUN SPECIALTY SOLUTIONS 's P/E Ratio benchmark against top 10 peers in Steel & Iron Products Industry?
Peer Comparison (Steel & Iron Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
WELSPUN SPECIALTY SOLUTIONS | 32.03 | 66.45 | 2,128.4 |
JSW STEEL LTD | 3,478.00 | 65.69 | 228,454.0 |
TATA STEEL LTD | 2,376.45 | 69.29 | 164,657.0 |
JINDAL STAINLESS LTD | 2,426.03 | 20.14 | 48,866.0 |
STEEL AUTHORITY OF INDIA LTD | 1,985.51 | 21.27 | 42,234.6 |
APL APOLLO TUBES LTD | 634.39 | 63.14 | 40,053.7 |
MOTHERSON SUMI WIRING INDIA LTD | 660.25 | 37.72 | 24,904.1 |
RATNAMANI METALS & TUBES LTD | 531.14 | 36.73 | 19,510.1 |
SHYAM METALICS AND ENERGY LTD | 908.92 | 23.48 | 21,342.4 |
WELSPUN CORP LTD | 849.10 | 22.08 | 18,746.2 |
JINDAL SAW LTD | 1,831.36 | 8.17 | 14,954.9 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs WELSPUN SPECIALTY SOLUTIONS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 8.17x |
Max industry PE | 69.29x |
Median industry PE | 36.73x |
Average industry PE | 39.47x |
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