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APL APOLLO TUBES
PE (Price/Earnings) Ratio

The Current P/E Ratio of APL APOLLO TUBES is 43.30.

Share Price ₹1,876.0May 26,2026
Market Cap ₹52,096.5 Cr
Earnings-TTM₹1,203.1 CrTTM-Consolidated Results
Price/Earnings43.30xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of APL APOLLO TUBES

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 APL APOLLO TUBES is calculated as :

Current Market Cap [ ₹52,096.5 Cr] as on May 26,2026

(/) Earnings [ ₹1,203.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 43.30x ]

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

Thus, for APL APOLLO TUBES , the investors are currently willing to pay 43.30 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 APL APOLLO TUBES !

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 APL APOLLO TUBES over the last five years.

Historical PE (Price/Earnings) ratio chart of APL APOLLO TUBES


PE Ratio Performance Analysis for APL APOLLO TUBES

- APL APOLLO TUBES 's latest p/e ratio is 43.30x.

- APL APOLLO TUBES 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 45.15x.

- APL APOLLO TUBES 's operated at median p/e ratio of 52.02x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, APL APOLLO TUBES 's p/e ratio peaked in Mar2024 at 56.63x.

- APL APOLLO TUBES 's p/e ratio hit its five-year low in Mar2021 of 24.28x.


How does APL APOLLO TUBES 's P/E Ratio benchmark against top 10 peers in Steel & Iron Products Industry?

Peer Comparison (Steel & Iron Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
APL APOLLO TUBES 1,203.1043.3052,096.5
JSW STEEL LTD25,983.0012.18316,430.0
TATA STEEL LTD10,517.3024.98262,714.0
STEEL AUTHORITY OF INDIA LTD2,947.4128.5584,159.5
JINDAL STAINLESS LTD3,167.8418.9460,001.3
WELSPUN CORP LTD1,278.1527.2134,783.4
SHYAM METALICS AND ENERGY LTD1,060.0725.7427,283.7
GODAWARI POWER AND ISPAT LTD795.5524.1319,196.2
SARDA ENERGY & MINERALS LTD1,063.3117.6418,752.0
RATNAMANI METALS & TUBES LTD534.4733.8518,089.7
GALLANTT ISPAT LTD484.2734.4216,666.5

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs APL APOLLO TUBES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 12.18x
Max industry PE 43.30x
Median industry PE 25.74x
Average industry PE 26.45x



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