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DP WIRES
PE (Price/Earnings) Ratio

The Current P/E Ratio of DP WIRES is 16.12.

Share Price ₹182.8Jul 03,2026
Market Cap ₹283.3 Cr
Earnings-TTM₹17.6 CrTTM-Standalone Results
Price/Earnings16.12xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of DP WIRES

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 DP WIRES is calculated as :

Current Market Cap [ ₹283.3 Cr] as on Jul 03,2026

(/) Earnings [ ₹17.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 16.12x ]

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

Thus, for DP WIRES , the investors are currently willing to pay 16.12 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 DP WIRES !

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 DP WIRES over the last five years.

Historical PE (Price/Earnings) ratio chart of DP WIRES


PE Ratio Performance Analysis for DP WIRES

- DP WIRES 's latest p/e ratio is 16.12x.

- DP WIRES 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 12.18x.

- DP WIRES 's operated at median p/e ratio of 13.35x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DP WIRES 's p/e ratio peaked in Mar2024 at 18.14x.

- DP WIRES 's p/e ratio hit its five-year low in Mar2021 of 5.29x.


How does DP WIRES '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
DP WIRES 17.5816.12283.3
JSW STEEL LTD25,983.0011.57300,730.0
TATA STEEL LTD10,517.3022.53236,998.0
STEEL AUTHORITY OF INDIA LTD2,947.4123.8270,218.9
JINDAL STAINLESS LTD3,167.8418.1857,581.6
APL APOLLO TUBES LTD1,203.1041.2949,680.0
WELSPUN CORP LTD1,278.1529.7037,964.8
SHYAM METALICS AND ENERGY LTD1,060.0724.9926,492.4
GODAWARI POWER AND ISPAT LTD795.5521.5517,143.8
SARDA ENERGY & MINERALS LTD1,063.3116.8317,897.4
RATNAMANI METALS & TUBES LTD534.4732.9317,601.8

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

Top 10 Industry PeersPE Ratio
Min industry PE 11.57x
Max industry PE 41.29x
Median industry PE 22.53x
Average industry PE 23.59x



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