Home > PE Ratio > DHATRE UDYOG

DHATRE UDYOG
PE (Price/Earnings) Ratio

The Current P/E Ratio of DHATRE UDYOG is 26.69.

Share Price ₹21.5May 14,2024
Market Cap ₹234.5 Cr
Earnings-TTM₹8.8 CrTTM-Consolidated Results
Price/Earnings26.69xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for DHATRE UDYOG
Please provide your vote to see the results
DHATRE UDYOG is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of DHATRE UDYOG

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 DHATRE UDYOG is calculated as :

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 ]

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

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 latest p/e ratio is 26.69x.

- 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 RatioMarket Cap
DHATRE UDYOG 8.7826.69234.5
JSW STEEL LTD11,474.0018.79215,555.0
TATA STEEL LTD-3,899.20-52.81205,915.0
JINDAL STAINLESS LTD2,816.4120.8058,579.1
STEEL AUTHORITY OF INDIA LTD2,533.0126.8668,029.8
APL APOLLO TUBES LTD732.4459.8543,835.0
MOTHERSON SUMI WIRING INDIA LTD585.3451.5230,156.4
RATNAMANI METALS & TUBES LTD624.5635.4022,111.2
SHYAM METALICS AND ENERGY LTD1,062.7915.8316,820.5
WELSPUN CORP LTD894.1617.3615,522.1
JINDAL SAW LTD1,591.8910.9817,476.2

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs DHATRE UDYOG 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -52.81x
Max industry PE 59.85x
Median industry PE 20.80x
Average industry PE 21.02x



You may also like the below Video Courses