GEEKAY WIRES
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The Current P/E Ratio of GEEKAY WIRES is 13.70.
Share Price | ₹107.7 | Apr 19,2024 |
Market Cap | ₹563.3 Cr | |
Earnings-TTM | ₹41.1 Cr | TTM-Standalone Results |
Price/Earnings | 13.70x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of GEEKAY WIRES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹563.3 Cr] as on Apr 19,2024
(/) Earnings [ ₹41.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 13.70x ]
Thus, for GEEKAY WIRES , the investors are currently willing to pay 13.70 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 GEEKAY 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 GEEKAY WIRES over the last five years.
Historical PE (Price/Earnings) ratio chart of GEEKAY WIRES
PE Ratio Performance Analysis for GEEKAY WIRES
- GEEKAY WIRES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.00x.
- GEEKAY WIRES 's operated at median p/e ratio of 7.74x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GEEKAY WIRES 's p/e ratio peaked in Mar2021 at 12.89x.
- GEEKAY WIRES 's p/e ratio hit its five-year low in Mar2019 of 0x.
How does GEEKAY 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 |
---|---|---|---|
GEEKAY WIRES | 41.11 | 13.70 | 563.3 |
JSW STEEL LTD | 11,474.00 | 18.44 | 211,593.0 |
TATA STEEL LTD | -3,899.20 | -51.90 | 202,357.0 |
JINDAL STAINLESS LTD | 2,816.41 | 20.24 | 57,006.4 |
STEEL AUTHORITY OF INDIA LTD | 2,533.01 | 23.80 | 60,285.0 |
APL APOLLO TUBES LTD | 763.82 | 56.50 | 43,155.1 |
MOTHERSON SUMI WIRING INDIA LTD | 585.34 | 52.94 | 30,987.6 |
RATNAMANI METALS & TUBES LTD | 624.56 | 32.63 | 20,381.3 |
SHYAM METALICS AND ENERGY LTD | 1,101.73 | 15.06 | 16,593.0 |
WELSPUN CORP LTD | 894.16 | 15.46 | 13,821.2 |
JINDAL SAW LTD | 1,406.60 | 10.91 | 15,351.4 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs GEEKAY WIRES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -51.90x |
Max industry PE | 56.50x |
Median industry PE | 18.44x |
Average industry PE | 18.89x |
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