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MANAKSIA COATED METALS & INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of MANAKSIA COATED METALS & INDUSTRIES is 27.01.

Share Price ₹50.6Apr 26,2024
Market Cap ₹375.9 Cr
Earnings-TTM₹13.9 CrTTM-Consolidated Results
Price/Earnings27.01xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MANAKSIA COATED METALS & INDUSTRIES

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 MANAKSIA COATED METALS & INDUSTRIES is calculated as :

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 ]

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

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 latest p/e ratio is 27.01x.

- 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 RatioMarket Cap
MANAKSIA COATED METALS & INDUSTRIES 13.9227.01375.9
JSW STEEL LTD11,474.0018.90216,814.0
TATA STEEL LTD-3,899.20-53.10207,038.0
JINDAL STAINLESS LTD2,816.4120.5057,722.8
STEEL AUTHORITY OF INDIA LTD2,533.0127.4869,599.4
APL APOLLO TUBES LTD763.8256.3643,046.8
MOTHERSON SUMI WIRING INDIA LTD585.3452.5630,766.5
RATNAMANI METALS & TUBES LTD624.5633.8121,119.1
SHYAM METALICS AND ENERGY LTD1,101.7316.2217,874.2
WELSPUN CORP LTD894.1616.7214,950.3
JINDAL SAW LTD1,406.6012.7117,874.3

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs MANAKSIA COATED METALS & INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE 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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