BHARAT WIRE ROPES
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The Current P/E Ratio of BHARAT WIRE ROPES is 20.59.
| Share Price | ₹217.5 | Jun 02,2026 |
| Market Cap | ₹1,492.1 Cr | |
| Earnings-TTM | ₹72.5 Cr | TTM-Standalone Results |
| Price/Earnings | 20.59x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of BHARAT WIRE ROPES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
|---|---|---|---|
| BHARAT WIRE ROPES | 72.46 | 20.59 | 1,492.1 |
| JSW STEEL LTD | 25,983.00 | 12.33 | 320,452.0 |
| TATA STEEL LTD | 10,517.30 | 25.00 | 262,964.0 |
| STEEL AUTHORITY OF INDIA LTD | 2,947.41 | 28.83 | 84,985.6 |
| JINDAL STAINLESS LTD | 3,167.84 | 17.87 | 56,612.9 |
| APL APOLLO TUBES LTD | 1,203.10 | 40.83 | 49,127.5 |
| WELSPUN CORP LTD | 1,278.15 | 28.61 | 36,571.9 |
| SHYAM METALICS AND ENERGY LTD | 1,060.07 | 25.92 | 27,473.6 |
| GODAWARI POWER AND ISPAT LTD | 795.55 | 24.24 | 19,280.9 |
| SARDA ENERGY & MINERALS LTD | 1,063.31 | 17.24 | 18,330.9 |
| RATNAMANI METALS & TUBES LTD | 534.47 | 33.33 | 17,812.8 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs BHARAT WIRE ROPES 's P/E Ratio
| Top 10 Industry Peers | PE 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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