KIC METALIKS
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The Current P/E Ratio of KIC METALIKS is 32.92.
Share Price | ₹53.2 | Apr 22,2024 |
Market Cap | ₹188.8 Cr | |
Earnings-TTM | ₹5.7 Cr | TTM-Standalone Results |
Price/Earnings | 32.92x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of KIC METALIKS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹188.8 Cr] as on Apr 22,2024
(/) Earnings [ ₹5.7 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 32.92x ]
Thus, for KIC METALIKS , the investors are currently willing to pay 32.92 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 KIC METALIKS !
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 KIC METALIKS over the last five years.
Historical PE (Price/Earnings) ratio chart of KIC METALIKS
PE Ratio Performance Analysis for KIC METALIKS
- KIC METALIKS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.94x.
- KIC METALIKS 's operated at median p/e ratio of 9.58x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KIC METALIKS 's p/e ratio peaked in Mar2020 at 12.9x.
- KIC METALIKS 's p/e ratio hit its five-year low in Mar2022 of 4.9x.
How does KIC METALIKS 's P/E Ratio benchmark against top 10 peers in Steel/Sponge Iron/Pig Iron Industry?
Peer Comparison (Steel/Sponge Iron/Pig Iron Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
KIC METALIKS | 5.73 | 32.92 | 188.8 |
JINDAL STEEL & POWER LTD | 5,475.88 | 17.10 | 93,613.5 |
LLOYDS METALS & ENERGY LTD | 1,235.05 | 29.91 | 36,939.1 |
JAI BALAJI INDUSTRIES LTD | 593.51 | 28.93 | 17,170.9 |
STEEL EXCHANGE INDIA LTD | -51.47 | -32.69 | 1,682.7 |
SURAJ PRODUCTS LTD | 30.71 | 20.45 | 628.1 |
SAL STEEL LTD | -2.36 | -66.64 | 157.3 |
BIHAR SPONGE IRON LTD | 7.26 | 18.28 | 132.7 |
VASWANI INDUSTRIES LTD | 7.08 | 15.64 | 110.8 |
Steel/Sponge Iron/Pig Iron Industry Benchmark (Top 10) PE Analysis vs KIC METALIKS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -66.64x |
Max industry PE | 32.92x |
Median industry PE | 18.28x |
Average industry PE | 7.10x |
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