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GODAWARI POWER AND ISPAT
PE (Price/Earnings) Ratio

The Current P/E Ratio of GODAWARI POWER AND ISPAT is 13.56.

Share Price ₹869.4Apr 19,2024
Market Cap ₹11,815.1 Cr
Earnings-TTM₹871.4 CrTTM-Consolidated Results
Price/Earnings13.56xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GODAWARI POWER AND 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 GODAWARI POWER AND ISPAT is calculated as :

Current Market Cap [ ₹11,815.1 Cr] as on Apr 19,2024

(/) Earnings [ ₹871.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 13.56x ]

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

Thus, for GODAWARI POWER AND ISPAT , the investors are currently willing to pay 13.56 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 GODAWARI POWER AND 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 GODAWARI POWER AND ISPAT over the last five years.

Historical PE (Price/Earnings) ratio chart of GODAWARI POWER AND ISPAT


PE Ratio Performance Analysis for GODAWARI POWER AND ISPAT

- GODAWARI POWER AND ISPAT 's latest p/e ratio is 13.56x.

- GODAWARI POWER AND ISPAT 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.29x.

- GODAWARI POWER AND ISPAT 's operated at median p/e ratio of 0.96x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GODAWARI POWER AND ISPAT 's p/e ratio peaked in Mar2023 at 5.7x.

- GODAWARI POWER AND ISPAT 's p/e ratio hit its five-year low in Mar2020 of 0.53x.


How does GODAWARI POWER AND 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
GODAWARI POWER AND ISPAT 871.4013.5611,815.1
JSW STEEL LTD11,474.0018.44211,593.0
TATA STEEL LTD-3,899.20-51.90202,357.0
JINDAL STAINLESS LTD2,816.4120.2457,006.4
STEEL AUTHORITY OF INDIA LTD2,533.0123.8060,285.0
APL APOLLO TUBES LTD763.8256.5043,155.1
MOTHERSON SUMI WIRING INDIA LTD585.3452.9430,987.6
RATNAMANI METALS & TUBES LTD624.5632.6320,381.3
SHYAM METALICS AND ENERGY LTD1,101.7315.0616,593.0
WELSPUN CORP LTD894.1615.4613,821.2
JINDAL SAW LTD1,406.6010.9115,351.4

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

Top 10 Industry PeersPE Ratio
Min industry PE -51.90x
Max industry PE 56.50x
Median industry PE 18.44x
Average industry PE 18.88x



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