KRITIKA WIRES
|
The Current P/E Ratio of KRITIKA WIRES is 22.23.
| Share Price | ₹6.7 | Jan 20,2026 |
| Market Cap | ₹178.4 Cr | |
| Earnings-TTM | ₹8.0 Cr | TTM-Standalone Results |
| Price/Earnings | 22.23x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of KRITIKA WIRES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹178.4 Cr] as on Jan 20,2026
(/) Earnings [ ₹8.0 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 22.23x ]
Thus, for KRITIKA WIRES , the investors are currently willing to pay 22.23 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 KRITIKA WIRES !
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 KRITIKA WIRES over the last five years.
Historical PE (Price/Earnings) ratio chart of KRITIKA WIRES
PE Ratio Performance Analysis for KRITIKA WIRES
- KRITIKA WIRES 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 17.23x.
- KRITIKA WIRES 's operated at median p/e ratio of 16.64x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KRITIKA WIRES 's p/e ratio peaked in Mar2024 at 42.88x.
- KRITIKA WIRES 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does KRITIKA WIRES '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 |
|---|---|---|---|
| KRITIKA WIRES | 8.03 | 22.23 | 178.4 |
| JSW STEEL LTD | 6,500.00 | 43.61 | 283,477.0 |
| TATA STEEL LTD | 6,432.57 | 35.60 | 229,009.0 |
| JINDAL STAINLESS LTD | 2,836.75 | 22.05 | 62,552.8 |
| STEEL AUTHORITY OF INDIA LTD | 2,159.99 | 27.80 | 60,057.8 |
| APL APOLLO TUBES LTD | 1,048.79 | 50.45 | 52,913.3 |
| MOTHERSON SUMI WIRING INDIA LTD | 613.35 | 47.05 | 28,861.0 |
| SHYAM METALICS AND ENERGY LTD | 968.51 | 23.07 | 22,347.3 |
| WELSPUN CORP LTD | 1,523.91 | 13.08 | 19,934.7 |
| RATNAMANI METALS & TUBES LTD | 619.52 | 23.24 | 14,396.2 |
| SARDA ENERGY & MINERALS LTD | 1,021.00 | 16.00 | 16,336.4 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs KRITIKA WIRES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 13.08x |
| Max industry PE | 50.45x |
| Median industry PE | 23.24x |
| Average industry PE | 29.47x |
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