DP WIRES
|
The Current P/E Ratio of DP WIRES is 19.09.
| Share Price | ₹229.3 | Oct 24,2025 |
| Market Cap | ₹355.4 Cr | |
| Earnings-TTM | ₹18.6 Cr | TTM-Standalone Results |
| Price/Earnings | 19.09x | 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 [ ₹355.4 Cr] as on Oct 24,2025
(/) Earnings [ ₹18.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 19.09x ]
Thus, for DP WIRES , the investors are currently willing to pay 19.09 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 | 18.61 | 19.09 | 355.4 |
| JSW STEEL LTD | 6,500.00 | 42.90 | 278,867.0 |
| TATA STEEL LTD | 4,084.55 | 53.33 | 217,836.0 |
| JINDAL STAINLESS LTD | 2,624.24 | 25.21 | 66,155.5 |
| STEEL AUTHORITY OF INDIA LTD | 2,581.37 | 20.71 | 53,449.0 |
| APL APOLLO TUBES LTD | 801.06 | 60.79 | 48,700.1 |
| MOTHERSON SUMI WIRING INDIA LTD | 600.09 | 52.05 | 31,235.1 |
| SHYAM METALICS AND ENERGY LTD | 923.70 | 27.30 | 25,218.2 |
| WELSPUN CORP LTD | 1,385.65 | 15.89 | 22,013.8 |
| RATNAMANI METALS & TUBES LTD | 562.83 | 30.44 | 17,131.9 |
| SARDA ENERGY & MINERALS LTD | 909.74 | 20.90 | 19,012.7 |
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 | 15.89x |
| Max industry PE | 60.79x |
| Median industry PE | 27.30x |
| Average industry PE | 33.51x |
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