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BHARAT WIRE ROPES
PE (Price/Earnings) Ratio

The Current P/E Ratio of BHARAT WIRE ROPES is 20.59.

Share Price ₹217.5Jun 02,2026
Market Cap ₹1,492.1 Cr
Earnings-TTM₹72.5 CrTTM-Standalone Results
Price/Earnings20.59xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of BHARAT WIRE ROPES

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 BHARAT WIRE ROPES is calculated as :

Current Market Cap [ ₹1,492.1 Cr] as on Jun 02,2026

(/) Earnings [ ₹72.5 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 20.59x ]

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

Thus, for BHARAT WIRE ROPES , the investors are currently willing to pay 20.59 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 BHARAT WIRE ROPES !

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 BHARAT WIRE ROPES over the last five years.

Historical PE (Price/Earnings) ratio chart of BHARAT WIRE ROPES


PE Ratio Performance Analysis for BHARAT WIRE ROPES

- BHARAT WIRE ROPES 's latest p/e ratio is 20.59x.

- BHARAT WIRE ROPES 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 17.27x.

- BHARAT WIRE ROPES 's operated at median p/e ratio of 18.22x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BHARAT WIRE ROPES 's p/e ratio peaked in Mar2022 at 31.76x.

- BHARAT WIRE ROPES 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does BHARAT WIRE ROPES '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
BHARAT WIRE ROPES 72.4620.591,492.1
JSW STEEL LTD25,983.0012.33320,452.0
TATA STEEL LTD10,517.3025.00262,964.0
STEEL AUTHORITY OF INDIA LTD2,947.4128.8384,985.6
JINDAL STAINLESS LTD3,167.8417.8756,612.9
APL APOLLO TUBES LTD1,203.1040.8349,127.5
WELSPUN CORP LTD1,278.1528.6136,571.9
SHYAM METALICS AND ENERGY LTD1,060.0725.9227,473.6
GODAWARI POWER AND ISPAT LTD795.5524.2419,280.9
SARDA ENERGY & MINERALS LTD1,063.3117.2418,330.9
RATNAMANI METALS & TUBES LTD534.4733.3317,812.8

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

Top 10 Industry PeersPE Ratio
Min industry PE 12.33x
Max industry PE 40.83x
Median industry PE 25.00x
Average industry PE 24.98x



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