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KRITIKA WIRES
PE (Price/Earnings) Ratio

The Current P/E Ratio of KRITIKA WIRES is 25.89.

Share Price ₹6.0May 22,2026
Market Cap ₹160.3 Cr
Earnings-TTM₹6.2 CrTTM-Standalone Results
Price/Earnings25.89xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of KRITIKA WIRES

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 KRITIKA WIRES is calculated as :

Current Market Cap [ ₹160.3 Cr] as on May 22,2026

(/) Earnings [ ₹6.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 25.89x ]

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

Thus, for KRITIKA WIRES , the investors are currently willing to pay 25.89 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 latest p/e ratio is 25.89x.

- 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 RatioMarket Cap
KRITIKA WIRES 6.1925.89160.3
JSW STEEL LTD25,983.0012.10314,278.0
TATA STEEL LTD10,517.3024.83261,154.0
STEEL AUTHORITY OF INDIA LTD2,947.4128.1783,023.6
JINDAL STAINLESS LTD3,167.8419.1660,697.9
APL APOLLO TUBES LTD1,203.1043.4052,209.5
WELSPUN CORP LTD1,278.1526.3433,671.6
SHYAM METALICS AND ENERGY LTD1,060.0724.8726,364.0
GODAWARI POWER AND ISPAT LTD795.5524.6319,593.1
SARDA ENERGY & MINERALS LTD1,063.3118.8420,032.9
RATNAMANI METALS & TUBES LTD534.4733.4017,849.6

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs KRITIKA WIRES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 12.10x
Max industry PE 43.40x
Median industry PE 24.87x
Average industry PE 25.60x



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