MANAKSIA COATED METALS & INDUSTRIES
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The Current P/E Ratio of MANAKSIA COATED METALS & INDUSTRIES is 27.01.
Share Price | ₹50.6 | Apr 26,2024 |
Market Cap | ₹375.9 Cr | |
Earnings-TTM | ₹13.9 Cr | TTM-Consolidated Results |
Price/Earnings | 27.01x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MANAKSIA COATED METALS & INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹375.9 Cr] as on Apr 26,2024
(/) Earnings [ ₹13.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 27.01x ]
Thus, for MANAKSIA COATED METALS & INDUSTRIES , the investors are currently willing to pay 27.01 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 MANAKSIA COATED METALS & INDUSTRIES !
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 MANAKSIA COATED METALS & INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of MANAKSIA COATED METALS & INDUSTRIES
PE Ratio Performance Analysis for MANAKSIA COATED METALS & INDUSTRIES
- MANAKSIA COATED METALS & INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 10.46x.
- MANAKSIA COATED METALS & INDUSTRIES 's operated at median p/e ratio of 10.41x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MANAKSIA COATED METALS & INDUSTRIES 's p/e ratio peaked in Mar2022 at 19.76x.
- MANAKSIA COATED METALS & INDUSTRIES 's p/e ratio hit its five-year low in Mar2019 of 0x.
How does MANAKSIA COATED METALS & INDUSTRIES '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 |
---|---|---|---|
MANAKSIA COATED METALS & INDUSTRIES | 13.92 | 27.01 | 375.9 |
JSW STEEL LTD | 11,474.00 | 18.90 | 216,814.0 |
TATA STEEL LTD | -3,899.20 | -53.10 | 207,038.0 |
JINDAL STAINLESS LTD | 2,816.41 | 20.50 | 57,722.8 |
STEEL AUTHORITY OF INDIA LTD | 2,533.01 | 27.48 | 69,599.4 |
APL APOLLO TUBES LTD | 763.82 | 56.36 | 43,046.8 |
MOTHERSON SUMI WIRING INDIA LTD | 585.34 | 52.56 | 30,766.5 |
RATNAMANI METALS & TUBES LTD | 624.56 | 33.81 | 21,119.1 |
SHYAM METALICS AND ENERGY LTD | 1,101.73 | 16.22 | 17,874.2 |
WELSPUN CORP LTD | 894.16 | 16.72 | 14,950.3 |
JINDAL SAW LTD | 1,406.60 | 12.71 | 17,874.3 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs MANAKSIA COATED METALS & INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -53.10x |
Max industry PE | 56.36x |
Median industry PE | 20.50x |
Average industry PE | 20.83x |
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