DP WIRES
|
The Current P/E Ratio of DP WIRES is 18.41.
| Share Price | ₹145.2 | Mar 02,2026 |
| Market Cap | ₹225.0 Cr | |
| Earnings-TTM | ₹12.2 Cr | TTM-Standalone Results |
| Price/Earnings | 18.41x | 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 [ ₹225.0 Cr] as on Mar 02,2026
(/) Earnings [ ₹12.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 18.41x ]
Thus, for DP WIRES , the investors are currently willing to pay 18.41 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 | 12.22 | 18.41 | 225.0 |
| JSW STEEL LTD | 8,314.00 | 37.30 | 310,145.0 |
| TATA STEEL LTD | 8,810.47 | 29.88 | 263,276.0 |
| JINDAL STAINLESS LTD | 2,990.49 | 21.58 | 64,543.8 |
| STEEL AUTHORITY OF INDIA LTD | 2,449.84 | 27.90 | 68,360.2 |
| APL APOLLO TUBES LTD | 1,141.86 | 54.02 | 61,685.2 |
| MOTHERSON SUMI WIRING INDIA LTD | 622.81 | 45.00 | 28,025.4 |
| SHYAM METALICS AND ENERGY LTD | 968.68 | 24.17 | 23,416.4 |
| WELSPUN CORP LTD | 1,661.27 | 12.98 | 21,570.2 |
| RATNAMANI METALS & TUBES LTD | 621.72 | 26.95 | 16,752.3 |
| SARDA ENERGY & MINERALS LTD | 1,016.68 | 18.90 | 19,215.3 |
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 | 12.98x |
| Max industry PE | 54.02x |
| Median industry PE | 26.95x |
| Average industry PE | 28.83x |
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