ISMT
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The Current P/E Ratio of ISMT is 19.12.
Share Price | ₹103.4 | May 03,2024 |
Market Cap | ₹3,107.2 Cr | |
Earnings-TTM | ₹162.5 Cr | TTM-Consolidated Results |
Price/Earnings | 19.12x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ISMT
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹3,107.2 Cr] as on May 03,2024
(/) Earnings [ ₹162.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 19.12x ]
Thus, for ISMT , the investors are currently willing to pay 19.12 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 ISMT !
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 ISMT over the last five years.
Historical PE (Price/Earnings) ratio chart of ISMT
PE Ratio Performance Analysis for ISMT
- ISMT 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.15x.
- ISMT '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, ISMT 's p/e ratio peaked in Mar2023 at 25.13x.
- ISMT 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does ISMT '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 |
---|---|---|---|
ISMT | 162.49 | 19.12 | 3,107.2 |
JSW STEEL LTD | 11,474.00 | 18.61 | 213,561.0 |
TATA STEEL LTD | -3,899.20 | -53.29 | 207,787.0 |
JINDAL STAINLESS LTD | 2,816.41 | 21.41 | 60,312.5 |
STEEL AUTHORITY OF INDIA LTD | 2,533.01 | 27.38 | 69,351.5 |
APL APOLLO TUBES LTD | 763.82 | 57.68 | 44,057.0 |
MOTHERSON SUMI WIRING INDIA LTD | 585.34 | 51.73 | 30,280.2 |
RATNAMANI METALS & TUBES LTD | 624.56 | 35.89 | 22,414.4 |
SHYAM METALICS AND ENERGY LTD | 1,101.73 | 15.55 | 17,137.3 |
WELSPUN CORP LTD | 894.16 | 17.58 | 15,717.0 |
JINDAL SAW LTD | 1,406.60 | 13.08 | 18,392.3 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs ISMT 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -53.29x |
Max industry PE | 57.68x |
Median industry PE | 19.12x |
Average industry PE | 20.43x |
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