KALYANI STEELS
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The Current P/E Ratio of KALYANI STEELS is 15.09.
Share Price | ₹854.6 | May 10,2024 |
Market Cap | ₹3,734.6 Cr | |
Earnings-TTM | ₹247.5 Cr | TTM-Standalone Results |
Price/Earnings | 15.09x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of KALYANI STEELS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹3,734.6 Cr] as on May 10,2024
(/) Earnings [ ₹247.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 15.09x ]
Thus, for KALYANI STEELS , the investors are currently willing to pay 15.09 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 KALYANI STEELS !
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 KALYANI STEELS over the last five years.
Historical PE (Price/Earnings) ratio chart of KALYANI STEELS
PE Ratio Performance Analysis for KALYANI STEELS
- KALYANI STEELS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 6.30x.
- KALYANI STEELS 's operated at median p/e ratio of 7.12x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KALYANI STEELS 's p/e ratio peaked in Mar2023 at 7.72x.
- KALYANI STEELS 's p/e ratio hit its five-year low in Mar2020 of 4.01x.
How does KALYANI STEELS '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 |
---|---|---|---|
KALYANI STEELS | 247.46 | 15.09 | 3,734.6 |
JSW STEEL LTD | 11,474.00 | 18.20 | 208,793.0 |
TATA STEEL LTD | -3,899.20 | -51.98 | 202,669.0 |
JINDAL STAINLESS LTD | 2,816.41 | 20.08 | 56,545.2 |
STEEL AUTHORITY OF INDIA LTD | 2,533.01 | 25.58 | 64,787.3 |
APL APOLLO TUBES LTD | 763.82 | 55.75 | 42,580.6 |
MOTHERSON SUMI WIRING INDIA LTD | 585.34 | 50.98 | 29,838.1 |
RATNAMANI METALS & TUBES LTD | 624.56 | 35.09 | 21,914.6 |
SHYAM METALICS AND ENERGY LTD | 1,101.73 | 14.79 | 16,291.5 |
WELSPUN CORP LTD | 894.16 | 16.25 | 14,534.3 |
JINDAL SAW LTD | 1,591.89 | 10.70 | 17,028.5 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs KALYANI STEELS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -51.98x |
Max industry PE | 55.75x |
Median industry PE | 18.20x |
Average industry PE | 19.14x |
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