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DP WIRES
PE (Price/Earnings) Ratio

The Current P/E Ratio of DP WIRES is 21.73.

Share Price ₹261.0Sep 22,2025
Market Cap ₹404.6 Cr
Earnings-TTM₹18.6 CrTTM-Standalone Results
Price/Earnings21.73xCalculated 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 [ ₹404.6 Cr] as on Sep 22,2025

(/) Earnings [ ₹18.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 21.73x ]

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 21.73 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 21.73x.

- DP WIRES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.20x.

- DP WIRES 's operated at median p/e ratio of 10.52x 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 Mar2020 of 3.68x.


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 18.6121.73404.6
JSW STEEL LTD5,232.0052.24273,304.0
TATA STEEL LTD4,084.5552.37213,904.0
JINDAL STAINLESS LTD2,624.2424.7764,997.2
STEEL AUTHORITY OF INDIA LTD2,581.3721.6755,948.0
APL APOLLO TUBES LTD801.0658.1946,615.1
MOTHERSON SUMI WIRING INDIA LTD600.0952.5631,540.2
SHYAM METALICS AND ENERGY LTD923.7027.7525,636.9
WELSPUN CORP LTD1,385.6516.9523,483.4
RATNAMANI METALS & TUBES LTD562.8330.0916,933.9
SARDA ENERGY & MINERALS LTD909.7422.6820,637.2

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

Top 10 Industry PeersPE Ratio
Min industry PE 16.95x
Max industry PE 58.19x
Median industry PE 27.75x
Average industry PE 34.64x



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