BEEKAY STEEL INDUSTRIES
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The Current P/E Ratio of BEEKAY STEEL INDUSTRIES is 10.39.
Share Price | ₹612.7 | May 13,2024 |
Market Cap | ₹1,170.2 Cr | |
Earnings-TTM | ₹112.6 Cr | TTM-Consolidated Results |
Price/Earnings | 10.39x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of BEEKAY STEEL INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,170.2 Cr] as on May 13,2024
(/) Earnings [ ₹112.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 10.39x ]
Thus, for BEEKAY STEEL INDUSTRIES , the investors are currently willing to pay 10.39 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 BEEKAY STEEL 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 BEEKAY STEEL INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of BEEKAY STEEL INDUSTRIES
PE Ratio Performance Analysis for BEEKAY STEEL INDUSTRIES
- BEEKAY STEEL INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.83x.
- BEEKAY STEEL INDUSTRIES 's operated at median p/e ratio of 6.1x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BEEKAY STEEL INDUSTRIES 's p/e ratio peaked in Mar2023 at 7.28x.
- BEEKAY STEEL INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 3.99x.
How does BEEKAY STEEL 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 Ratio | Market Cap |
---|---|---|---|
BEEKAY STEEL INDUSTRIES | 112.63 | 10.39 | 1,170.2 |
JSW STEEL LTD | 11,474.00 | 18.33 | 210,334.0 |
TATA STEEL LTD | -3,899.20 | -52.46 | 204,541.0 |
JINDAL STAINLESS LTD | 2,816.41 | 19.88 | 55,989.4 |
STEEL AUTHORITY OF INDIA LTD | 2,533.01 | 25.60 | 64,849.2 |
APL APOLLO TUBES LTD | 732.44 | 59.30 | 43,436.8 |
MOTHERSON SUMI WIRING INDIA LTD | 585.34 | 50.79 | 29,727.5 |
RATNAMANI METALS & TUBES LTD | 624.56 | 34.92 | 21,812.6 |
SHYAM METALICS AND ENERGY LTD | 1,101.73 | 14.69 | 16,179.9 |
WELSPUN CORP LTD | 894.16 | 17.09 | 15,284.0 |
JINDAL SAW LTD | 1,591.89 | 10.52 | 16,751.9 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs BEEKAY STEEL INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -52.46x |
Max industry PE | 59.30x |
Median industry PE | 18.33x |
Average industry PE | 19.01x |
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