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GALLANTT ISPAT
PE (Price/Earnings) Ratio

The Current P/E Ratio of GALLANTT ISPAT is 35.66.

Share Price ₹292.4Apr 26,2024
Market Cap ₹7,055.6 Cr
Earnings-TTM₹197.9 CrTTM-Standalone Results
Price/Earnings35.66xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GALLANTT ISPAT

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 GALLANTT ISPAT is calculated as :

Current Market Cap [ ₹7,055.6 Cr] as on Apr 26,2024

(/) Earnings [ ₹197.9 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 35.66x ]

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

Thus, for GALLANTT ISPAT , the investors are currently willing to pay 35.66 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 GALLANTT ISPAT !

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 GALLANTT ISPAT over the last five years.

Historical PE (Price/Earnings) ratio chart of GALLANTT ISPAT


PE Ratio Performance Analysis for GALLANTT ISPAT

- GALLANTT ISPAT 's latest p/e ratio is 35.66x.

- GALLANTT ISPAT 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.29x.

- GALLANTT ISPAT 's operated at median p/e ratio of 5.65x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GALLANTT ISPAT 's p/e ratio peaked in Mar2020 at 20.98x.

- GALLANTT ISPAT 's p/e ratio hit its five-year low in Mar2021 of 2.4x.


How does GALLANTT ISPAT '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
GALLANTT ISPAT 197.8635.667,055.6
JSW STEEL LTD11,474.0018.90216,814.0
TATA STEEL LTD-3,899.20-53.10207,038.0
JINDAL STAINLESS LTD2,816.4120.5057,722.8
STEEL AUTHORITY OF INDIA LTD2,533.0127.4869,599.4
APL APOLLO TUBES LTD763.8256.3643,046.8
MOTHERSON SUMI WIRING INDIA LTD585.3452.5630,766.5
RATNAMANI METALS & TUBES LTD624.5633.8121,119.1
SHYAM METALICS AND ENERGY LTD1,101.7316.2217,874.2
WELSPUN CORP LTD894.1616.7214,950.3
JINDAL SAW LTD1,406.6012.7117,874.3

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

Top 10 Industry PeersPE Ratio
Min industry PE -53.10x
Max industry PE 56.36x
Median industry PE 20.50x
Average industry PE 21.62x



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