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MANAKSIA STEELS
PE (Price/Earnings) Ratio

The Current P/E Ratio of MANAKSIA STEELS is 28.40.

Share Price ₹63.3Nov 14,2025
Market Cap ₹414.7 Cr
Earnings-TTM₹14.6 CrTTM-Consolidated Results
Price/Earnings28.40xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of MANAKSIA STEELS

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 STEELS is calculated as :

Current Market Cap [ ₹414.7 Cr] as on Nov 14,2025

(/) Earnings [ ₹14.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 28.40x ]

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

Thus, for MANAKSIA STEELS , the investors are currently willing to pay 28.40 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 STEELS !

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 STEELS over the last five years.

Historical PE (Price/Earnings) ratio chart of MANAKSIA STEELS


PE Ratio Performance Analysis for MANAKSIA STEELS

- MANAKSIA STEELS 's latest p/e ratio is 28.40x.

- MANAKSIA STEELS 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 15.18x.

- MANAKSIA STEELS 's operated at median p/e ratio of 13.63x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MANAKSIA STEELS 's p/e ratio peaked in Mar2025 at 29.56x.

- MANAKSIA STEELS 's p/e ratio hit its five-year low in Mar2021 of 5.84x.


How does MANAKSIA STEELS '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 STEELS 14.6128.40414.7
JSW STEEL LTD6,500.0043.91285,421.0
TATA STEEL LTD6,432.5733.80217,399.0
JINDAL STAINLESS LTD2,836.7521.4560,842.2
STEEL AUTHORITY OF INDIA LTD2,159.9927.1558,653.5
APL APOLLO TUBES LTD1,048.7946.7148,988.9
MOTHERSON SUMI WIRING INDIA LTD613.3551.8931,825.3
SHYAM METALICS AND ENERGY LTD968.5124.6123,839.3
WELSPUN CORP LTD1,523.9115.9024,229.4
RATNAMANI METALS & TUBES LTD619.5227.7917,215.7
SARDA ENERGY & MINERALS LTD1,021.0017.8818,255.1

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

Top 10 Industry PeersPE Ratio
Min industry PE 15.90x
Max industry PE 51.89x
Median industry PE 27.79x
Average industry PE 30.86x



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