INCREDIBLE INDUSTRIES
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The Current P/E Ratio of INCREDIBLE INDUSTRIES is 15.37.
Share Price | ₹41.0 | Jul 17,2025 |
Market Cap | ₹191.9 Cr | |
Earnings-TTM | ₹12.5 Cr | TTM-Standalone Results |
Price/Earnings | 15.37x | Calculated as Market Cap/Earnings |
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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 [ ₹191.9 Cr] as on Jul 17,2025
(/) Earnings [ ₹12.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 15.37x ]
Thus, for INCREDIBLE INDUSTRIES , the investors are currently willing to pay 15.37 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 Mar2024 to Mar2020 averaged 36.05x.
- INCREDIBLE INDUSTRIES 's operated at median p/e ratio of 27.52x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INCREDIBLE INDUSTRIES 's p/e ratio peaked in Mar2020 at 82.56x.
- INCREDIBLE INDUSTRIES 's p/e ratio hit its five-year low in Mar2023 of 17.65x.
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 | 12.49 | 15.37 | 191.9 |
JSW STEEL LTD | 3,802.00 | 66.47 | 252,713.0 |
TATA STEEL LTD | 2,982.97 | 66.90 | 199,548.0 |
JINDAL STAINLESS LTD | 2,543.42 | 21.98 | 55,892.8 |
STEEL AUTHORITY OF INDIA LTD | 1,885.02 | 29.27 | 55,183.8 |
APL APOLLO TUBES LTD | 757.06 | 62.11 | 47,019.6 |
MOTHERSON SUMI WIRING INDIA LTD | 605.86 | 46.99 | 28,471.9 |
SHYAM METALICS AND ENERGY LTD | 909.14 | 28.27 | 25,699.7 |
WELSPUN CORP LTD | 1,293.33 | 18.97 | 24,537.6 |
RATNAMANI METALS & TUBES LTD | 541.57 | 37.02 | 20,051.6 |
SARDA ENERGY & MINERALS LTD | 681.17 | 22.95 | 15,633.4 |
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 | 15.37x |
Max industry PE | 66.90x |
Median industry PE | 29.27x |
Average industry PE | 37.85x |
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