MANAKSIA STEELS
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The Current P/E Ratio of MANAKSIA STEELS is 43.16.
Share Price | ₹62.9 | May 13,2025 |
Market Cap | ₹412.1 Cr | |
Earnings-TTM | ₹9.5 Cr | TTM-Consolidated Results |
Price/Earnings | 43.16x | Calculated as Market Cap/Earnings |
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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 [ ₹412.1 Cr] as on May 13,2025
(/) Earnings [ ₹9.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 43.16x ]
Thus, for MANAKSIA STEELS , the investors are currently willing to pay 43.16 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 Mar2024 to Mar2020 averaged 10.27x.
- MANAKSIA STEELS 's operated at median p/e ratio of 8.03x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MANAKSIA STEELS 's p/e ratio peaked in Mar2023 at 18.84x.
- MANAKSIA STEELS 's p/e ratio hit its five-year low in Mar2020 of 4.99x.
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 | 9.55 | 43.16 | 412.1 |
JSW STEEL LTD | 3,478.00 | 69.61 | 242,088.0 |
TATA STEEL LTD | 2,982.97 | 62.56 | 186,628.0 |
JINDAL STAINLESS LTD | 2,543.42 | 20.26 | 51,526.8 |
STEEL AUTHORITY OF INDIA LTD | 1,707.76 | 28.07 | 47,934.8 |
APL APOLLO TUBES LTD | 757.06 | 63.25 | 47,882.7 |
MOTHERSON SUMI WIRING INDIA LTD | 605.86 | 41.42 | 25,094.2 |
SHYAM METALICS AND ENERGY LTD | 909.14 | 28.06 | 25,511.3 |
WELSPUN CORP LTD | 836.83 | 24.12 | 20,183.8 |
RATNAMANI METALS & TUBES LTD | 531.53 | 35.86 | 19,060.8 |
SARDA ENERGY & MINERALS LTD | 662.92 | 23.82 | 15,790.2 |
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 | 20.26x |
Max industry PE | 69.61x |
Median industry PE | 35.86x |
Average industry PE | 40.02x |
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