DP WIRES
|
The Current P/E Ratio of DP WIRES is 18.22.
| Share Price | ₹162.1 | Feb 03,2026 |
| Market Cap | ₹251.2 Cr | |
| Earnings-TTM | ₹13.8 Cr | TTM-Standalone Results |
| Price/Earnings | 18.22x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of DP WIRES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹251.2 Cr] as on Feb 03,2026
(/) Earnings [ ₹13.8 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 18.22x ]
Thus, for DP WIRES , the investors are currently willing to pay 18.22 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 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 Ratio | Market Cap |
|---|---|---|---|
| DP WIRES | 13.79 | 18.22 | 251.2 |
| JSW STEEL LTD | 8,314.00 | 36.15 | 300,559.0 |
| TATA STEEL LTD | 6,432.57 | 37.45 | 240,868.0 |
| JINDAL STAINLESS LTD | 2,990.49 | 22.30 | 66,695.5 |
| STEEL AUTHORITY OF INDIA LTD | 2,449.84 | 26.02 | 63,754.7 |
| APL APOLLO TUBES LTD | 1,141.86 | 51.96 | 59,330.8 |
| MOTHERSON SUMI WIRING INDIA LTD | 622.81 | 47.93 | 29,849.1 |
| SHYAM METALICS AND ENERGY LTD | 968.68 | 24.53 | 23,761.1 |
| WELSPUN CORP LTD | 1,661.27 | 12.85 | 21,343.3 |
| RATNAMANI METALS & TUBES LTD | 619.52 | 23.74 | 14,710.2 |
| SARDA ENERGY & MINERALS LTD | 1,021.00 | 17.40 | 17,765.3 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs DP WIRES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 12.85x |
| Max industry PE | 51.96x |
| Median industry PE | 24.53x |
| Average industry PE | 28.96x |
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