INCREDIBLE INDUSTRIES
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The Current P/E Ratio of INCREDIBLE INDUSTRIES is 13.80.
| Share Price | ₹34.0 | Aug 04,2026 |
| Market Cap | ₹158.9 Cr | |
| Earnings-TTM | ₹11.5 Cr | TTM-Standalone Results |
| Price/Earnings | 13.80x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of INCREDIBLE INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹158.9 Cr] as on Aug 04,2026
(/) Earnings [ ₹11.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 13.80x ]
Thus, for INCREDIBLE INDUSTRIES , the investors are currently willing to pay 13.80 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 INCREDIBLE 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 INCREDIBLE INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of INCREDIBLE INDUSTRIES
PE Ratio Performance Analysis for INCREDIBLE INDUSTRIES
- INCREDIBLE INDUSTRIES 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 22.23x.
- INCREDIBLE INDUSTRIES 's operated at median p/e ratio of 24.95x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INCREDIBLE INDUSTRIES 's p/e ratio peaked in Mar2022 at 27.58x.
- INCREDIBLE INDUSTRIES 's p/e ratio hit its five-year low in Mar2025 of 13.45x.
How does INCREDIBLE 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 |
|---|---|---|---|
| INCREDIBLE INDUSTRIES | 11.51 | 13.80 | 158.9 |
| JSW STEEL LTD | 28,468.00 | 11.06 | 314,754.0 |
| TATA STEEL LTD | 10,878.80 | 21.83 | 237,435.0 |
| STEEL AUTHORITY OF INDIA LTD | 3,894.18 | 18.24 | 71,045.0 |
| JINDAL STAINLESS LTD | 3,173.57 | 19.12 | 60,669.0 |
| APL APOLLO TUBES LTD | 1,229.04 | 43.47 | 53,421.5 |
| WELSPUN CORP LTD | 1,405.08 | 32.60 | 45,805.9 |
| SHYAM METALICS AND ENERGY LTD | 1,120.14 | 25.42 | 28,470.1 |
| GODAWARI POWER AND ISPAT LTD | 795.55 | 20.72 | 16,484.2 |
| SARDA ENERGY & MINERALS LTD | 1,103.05 | 16.28 | 17,957.3 |
| RATNAMANI METALS & TUBES LTD | 534.47 | 31.10 | 16,624.1 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs INCREDIBLE INDUSTRIES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 11.06x |
| Max industry PE | 43.47x |
| Median industry PE | 20.72x |
| Average industry PE | 23.06x |
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