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BANSAL WIRE INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of BANSAL WIRE INDUSTRIES is 29.97.

Share Price ₹308.1Jun 04,2026
Market Cap ₹4,824.1 Cr
Earnings-TTM₹160.9 CrTTM-Consolidated Results
Price/Earnings29.97xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BANSAL WIRE 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 BANSAL WIRE INDUSTRIES is calculated as :

Current Market Cap [ ₹4,824.1 Cr] as on Jun 04,2026

(/) Earnings [ ₹160.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 29.97x ]

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

Thus, for BANSAL WIRE INDUSTRIES , the investors are currently willing to pay 29.97 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 BANSAL WIRE 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 BANSAL WIRE INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of BANSAL WIRE INDUSTRIES


PE Ratio Performance Analysis for BANSAL WIRE INDUSTRIES

- BANSAL WIRE INDUSTRIES 's latest p/e ratio is 29.97x.

- BANSAL WIRE INDUSTRIES 's p/e ratio for fiscal years ending Mar2025 to Mar2024 averaged 20.98x.

- BANSAL WIRE INDUSTRIES 's operated at median p/e ratio of 41.95x from fiscal years ending March 2018 to 2022.

- Looking back at the last 2 fiscal years, BANSAL WIRE INDUSTRIES 's p/e ratio peaked in Mar2025 at 41.95x.

- BANSAL WIRE INDUSTRIES 's p/e ratio hit its five-year low in Mar2024 of 0x.


How does BANSAL WIRE INDUSTRIES '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
BANSAL WIRE INDUSTRIES 160.9429.974,824.1
JSW STEEL LTD25,983.0012.24318,044.0
TATA STEEL LTD10,517.3024.99262,839.0
STEEL AUTHORITY OF INDIA LTD2,947.4127.6181,371.4
JINDAL STAINLESS LTD3,167.8418.1257,396.1
APL APOLLO TUBES LTD1,203.1041.7350,210.4
WELSPUN CORP LTD1,278.1528.9536,996.6
SHYAM METALICS AND ENERGY LTD1,060.0726.4027,981.6
GODAWARI POWER AND ISPAT LTD795.5524.1919,247.2
SARDA ENERGY & MINERALS LTD1,063.3117.6518,771.3
RATNAMANI METALS & TUBES LTD534.4734.5718,474.5

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs BANSAL WIRE INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 12.24x
Max industry PE 41.73x
Median industry PE 26.40x
Average industry PE 26.04x



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