GALLANTT ISPAT
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The Current P/E Ratio of GALLANTT ISPAT is 35.66.
Share Price | ₹292.4 | Apr 26,2024 |
Market Cap | ₹7,055.6 Cr | |
Earnings-TTM | ₹197.9 Cr | TTM-Standalone Results |
Price/Earnings | 35.66x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of GALLANTT ISPAT
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
GALLANTT ISPAT | 197.86 | 35.66 | 7,055.6 |
JSW STEEL LTD | 11,474.00 | 18.90 | 216,814.0 |
TATA STEEL LTD | -3,899.20 | -53.10 | 207,038.0 |
JINDAL STAINLESS LTD | 2,816.41 | 20.50 | 57,722.8 |
STEEL AUTHORITY OF INDIA LTD | 2,533.01 | 27.48 | 69,599.4 |
APL APOLLO TUBES LTD | 763.82 | 56.36 | 43,046.8 |
MOTHERSON SUMI WIRING INDIA LTD | 585.34 | 52.56 | 30,766.5 |
RATNAMANI METALS & TUBES LTD | 624.56 | 33.81 | 21,119.1 |
SHYAM METALICS AND ENERGY LTD | 1,101.73 | 16.22 | 17,874.2 |
WELSPUN CORP LTD | 894.16 | 16.72 | 14,950.3 |
JINDAL SAW LTD | 1,406.60 | 12.71 | 17,874.3 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs GALLANTT ISPAT 's P/E Ratio
Top 10 Industry Peers | PE 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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