MANAKSIA STEELS
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The Current P/E Ratio of MANAKSIA STEELS is 12.66.
| Share Price | ₹48.9 | Mar 27,2026 |
| Market Cap | ₹320.4 Cr | |
| Earnings-TTM | ₹25.3 Cr | TTM-Consolidated Results |
| Price/Earnings | 12.66x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of MANAKSIA STEELS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹320.4 Cr] as on Mar 27,2026
(/) Earnings [ ₹25.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 12.66x ]
Thus, for MANAKSIA STEELS , the investors are currently willing to pay 12.66 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 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 Ratio | Market Cap |
|---|---|---|---|
| MANAKSIA STEELS | 25.30 | 12.66 | 320.4 |
| JSW STEEL LTD | 8,314.00 | 33.26 | 276,556.0 |
| TATA STEEL LTD | 8,810.47 | 27.38 | 241,243.0 |
| JINDAL STAINLESS LTD | 2,990.49 | 19.61 | 58,653.3 |
| STEEL AUTHORITY OF INDIA LTD | 2,449.84 | 24.69 | 60,491.5 |
| APL APOLLO TUBES LTD | 1,141.86 | 48.28 | 55,130.2 |
| MOTHERSON SUMI WIRING INDIA LTD | 622.81 | 40.35 | 25,127.4 |
| SHYAM METALICS AND ENERGY LTD | 968.68 | 22.12 | 21,426.2 |
| WELSPUN CORP LTD | 1,661.27 | 12.98 | 21,570.2 |
| RATNAMANI METALS & TUBES LTD | 621.72 | 24.92 | 15,490.3 |
| SARDA ENERGY & MINERALS LTD | 1,016.68 | 17.62 | 17,918.6 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs MANAKSIA STEELS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 12.66x |
| Max industry PE | 48.28x |
| Median industry PE | 24.69x |
| Average industry PE | 25.81x |
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