HARIOM PIPE INDUSTRIES
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The Current P/E Ratio of HARIOM PIPE INDUSTRIES is 16.59.
| Share Price | ₹405.1 | Jun 08,2026 |
| Market Cap | ₹1,255.8 Cr | |
| Earnings-TTM | ₹75.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 16.59x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of HARIOM PIPE INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,255.8 Cr] as on Jun 08,2026
(/) Earnings [ ₹75.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 16.59x ]
Thus, for HARIOM PIPE INDUSTRIES , the investors are currently willing to pay 16.59 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 HARIOM PIPE INDUSTRIES !
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 HARIOM PIPE INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of HARIOM PIPE INDUSTRIES
PE Ratio Performance Analysis for HARIOM PIPE INDUSTRIES
- HARIOM PIPE INDUSTRIES 's p/e ratio for fiscal years ending Mar2025 to Mar2024 averaged 19.84x.
- HARIOM PIPE INDUSTRIES 's operated at median p/e ratio of 22.97x from fiscal years ending March 2018 to 2022.
- Looking back at the last 2 fiscal years, HARIOM PIPE INDUSTRIES 's p/e ratio peaked in Mar2024 at 22.97x.
- HARIOM PIPE INDUSTRIES 's p/e ratio hit its five-year low in Mar2025 of 16.7x.
How does HARIOM PIPE INDUSTRIES '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 |
|---|---|---|---|
| HARIOM PIPE INDUSTRIES | 75.71 | 16.59 | 1,255.8 |
| JSW STEEL LTD | 25,983.00 | 11.87 | 308,360.0 |
| TATA STEEL LTD | 10,517.30 | 24.08 | 253,227.0 |
| STEEL AUTHORITY OF INDIA LTD | 2,947.41 | 25.79 | 76,001.7 |
| JINDAL STAINLESS LTD | 3,167.84 | 17.29 | 54,762.1 |
| APL APOLLO TUBES LTD | 1,203.10 | 42.06 | 50,604.6 |
| WELSPUN CORP LTD | 1,278.15 | 27.73 | 35,442.9 |
| SHYAM METALICS AND ENERGY LTD | 1,060.07 | 25.67 | 27,207.0 |
| GODAWARI POWER AND ISPAT LTD | 795.55 | 23.61 | 18,786.2 |
| SARDA ENERGY & MINERALS LTD | 1,063.31 | 17.83 | 18,961.6 |
| RATNAMANI METALS & TUBES LTD | 534.47 | 33.40 | 17,853.1 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs HARIOM PIPE INDUSTRIES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 11.87x |
| Max industry PE | 42.06x |
| Median industry PE | 24.08x |
| Average industry PE | 24.17x |
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