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INDIA STEEL WORKS
PE (Price/Earnings) Ratio

The Current P/E Ratio of INDIA STEEL WORKS is -4.93.

Share Price ₹3.7Apr 25,2024
Market Cap ₹145.7 Cr
Earnings-TTM₹-29.6 CrTTM-Consolidated Results
Price/Earnings-4.93xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of INDIA STEEL WORKS

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 INDIA STEEL WORKS is calculated as :

Current Market Cap [ ₹145.7 Cr] as on Apr 25,2024

(/) Earnings [ ₹-29.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -4.93x ]

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

Thus, for INDIA STEEL WORKS , the investors are currently willing to pay -4.93 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 INDIA STEEL WORKS !

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 INDIA STEEL WORKS over the last five years.

Historical PE (Price/Earnings) ratio chart of INDIA STEEL WORKS


PE Ratio Performance Analysis for INDIA STEEL WORKS

- INDIA STEEL WORKS 's latest p/e ratio is -4.93x.

- INDIA STEEL WORKS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.00x.

- INDIA STEEL WORKS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDIA STEEL WORKS 's p/e ratio peaked in Mar2023 at 0x.

- INDIA STEEL WORKS 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does INDIA STEEL WORKS '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
INDIA STEEL WORKS -29.55-4.93145.7
JSW STEEL LTD11,474.0019.30221,436.0
TATA STEEL LTD-3,899.20-53.66209,223.0
JINDAL STAINLESS LTD2,816.4121.3160,024.3
STEEL AUTHORITY OF INDIA LTD2,533.0126.8968,112.4
APL APOLLO TUBES LTD763.8256.2842,991.3
MOTHERSON SUMI WIRING INDIA LTD585.3452.9631,000.8
RATNAMANI METALS & TUBES LTD624.5633.6220,995.0
SHYAM METALICS AND ENERGY LTD1,101.7316.3117,971.9
WELSPUN CORP LTD894.1616.8715,086.4
JINDAL SAW LTD1,406.6012.4517,506.5

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs INDIA STEEL WORKS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -53.66x
Max industry PE 56.28x
Median industry PE 19.30x
Average industry PE 17.95x



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