GARG FURNACE
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The Current P/E Ratio of GARG FURNACE is 9.09.
| Share Price | ₹146.4 | May 04,2026 |
| Market Cap | ₹99.6 Cr | |
| Earnings-TTM | ₹11.0 Cr | TTM-Standalone Results |
| Price/Earnings | 9.09x | 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 [ ₹99.6 Cr] as on May 04,2026
(/) Earnings [ ₹11.0 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 9.09x ]
Thus, for GARG FURNACE , the investors are currently willing to pay 9.09 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 | 10.95 | 9.09 | 99.6 |
| JSW STEEL LTD | 8,314.00 | 37.24 | 309,582.0 |
| TATA STEEL LTD | 8,810.47 | 30.07 | 264,899.0 |
| JINDAL STAINLESS LTD | 3,167.84 | 20.26 | 64,176.9 |
| STEEL AUTHORITY OF INDIA LTD | 2,449.84 | 31.39 | 76,889.7 |
| APL APOLLO TUBES LTD | 1,203.10 | 43.23 | 52,009.6 |
| MOTHERSON SUMI WIRING INDIA LTD | 625.18 | 43.97 | 27,488.2 |
| SHYAM METALICS AND ENERGY LTD | 968.68 | 26.10 | 25,281.0 |
| WELSPUN CORP LTD | 1,661.27 | 19.69 | 32,717.9 |
| RATNAMANI METALS & TUBES LTD | 621.72 | 30.51 | 18,971.4 |
| SARDA ENERGY & MINERALS LTD | 1,016.68 | 20.46 | 20,801.1 |
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 | 9.09x |
| Max industry PE | 43.97x |
| Median industry PE | 30.07x |
| Average industry PE | 28.36x |
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