GARG FURNACE
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The Current P/E Ratio of GARG FURNACE is 10.47.
| Share Price | ₹143.6 | Feb 10,2026 |
| Market Cap | ₹97.6 Cr | |
| Earnings-TTM | ₹9.3 Cr | TTM-Standalone Results |
| Price/Earnings | 10.47x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of GARG FURNACE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹97.6 Cr] as on Feb 10,2026
(/) Earnings [ ₹9.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 10.47x ]
Thus, for GARG FURNACE , the investors are currently willing to pay 10.47 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 GARG FURNACE !
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 GARG FURNACE over the last five years.
Historical PE (Price/Earnings) ratio chart of GARG FURNACE
PE Ratio Performance Analysis for GARG FURNACE
- GARG FURNACE 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 8.83x.
- GARG FURNACE 's operated at median p/e ratio of 2.76x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GARG FURNACE 's p/e ratio peaked in Mar2024 at 28.08x.
- GARG FURNACE 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does GARG FURNACE '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 |
|---|---|---|---|
| GARG FURNACE | 9.33 | 10.47 | 97.6 |
| JSW STEEL LTD | 8,314.00 | 36.58 | 304,153.0 |
| TATA STEEL LTD | 8,810.47 | 29.46 | 259,593.0 |
| JINDAL STAINLESS LTD | 2,990.49 | 21.71 | 64,914.8 |
| STEEL AUTHORITY OF INDIA LTD | 2,449.84 | 27.15 | 66,501.5 |
| APL APOLLO TUBES LTD | 1,141.86 | 54.43 | 62,146.1 |
| MOTHERSON SUMI WIRING INDIA LTD | 622.81 | 45.65 | 28,429.9 |
| SHYAM METALICS AND ENERGY LTD | 968.68 | 25.99 | 25,174.9 |
| WELSPUN CORP LTD | 1,661.27 | 13.25 | 22,013.3 |
| RATNAMANI METALS & TUBES LTD | 621.72 | 22.56 | 14,026.8 |
| SARDA ENERGY & MINERALS LTD | 1,016.68 | 17.70 | 17,997.9 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs GARG FURNACE 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 10.47x |
| Max industry PE | 54.43x |
| Median industry PE | 25.99x |
| Average industry PE | 27.72x |
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