DHATRE UDYOG
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The Current P/E Ratio of DHATRE UDYOG is 26.69.
Share Price | ₹21.5 | May 14,2024 |
Market Cap | ₹234.5 Cr | |
Earnings-TTM | ₹8.8 Cr | TTM-Consolidated Results |
Price/Earnings | 26.69x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of DHATRE UDYOG
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹234.5 Cr] as on May 14,2024
(/) Earnings [ ₹8.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 26.69x ]
Thus, for DHATRE UDYOG , the investors are currently willing to pay 26.69 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 DHATRE UDYOG !
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 DHATRE UDYOG over the last five years.
Historical PE (Price/Earnings) ratio chart of DHATRE UDYOG
PE Ratio Performance Analysis for DHATRE UDYOG
- DHATRE UDYOG 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.51x.
- DHATRE UDYOG 's operated at median p/e ratio of 0.01x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DHATRE UDYOG 's p/e ratio peaked in Mar2019 at 14.51x.
- DHATRE UDYOG 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does DHATRE UDYOG '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 |
---|---|---|---|
DHATRE UDYOG | 8.78 | 26.69 | 234.5 |
JSW STEEL LTD | 11,474.00 | 18.79 | 215,555.0 |
TATA STEEL LTD | -3,899.20 | -52.81 | 205,915.0 |
JINDAL STAINLESS LTD | 2,816.41 | 20.80 | 58,579.1 |
STEEL AUTHORITY OF INDIA LTD | 2,533.01 | 26.86 | 68,029.8 |
APL APOLLO TUBES LTD | 732.44 | 59.85 | 43,835.0 |
MOTHERSON SUMI WIRING INDIA LTD | 585.34 | 51.52 | 30,156.4 |
RATNAMANI METALS & TUBES LTD | 624.56 | 35.40 | 22,111.2 |
SHYAM METALICS AND ENERGY LTD | 1,062.79 | 15.83 | 16,820.5 |
WELSPUN CORP LTD | 894.16 | 17.36 | 15,522.1 |
JINDAL SAW LTD | 1,591.89 | 10.98 | 17,476.2 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs DHATRE UDYOG 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -52.81x |
Max industry PE | 59.85x |
Median industry PE | 20.80x |
Average industry PE | 21.02x |
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