MANAKSIA STEELS
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The Current P/E Ratio of MANAKSIA STEELS is 15.83.
| Share Price | ₹61.2 | Feb 05,2026 |
| Market Cap | ₹400.5 Cr | |
| Earnings-TTM | ₹25.3 Cr | TTM-Consolidated Results |
| Price/Earnings | 15.83x | 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 [ ₹400.5 Cr] as on Feb 05,2026
(/) Earnings [ ₹25.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 15.83x ]
Thus, for MANAKSIA STEELS , the investors are currently willing to pay 15.83 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 | 15.83 | 400.5 |
| JSW STEEL LTD | 8,314.00 | 36.46 | 303,138.0 |
| TATA STEEL LTD | 6,432.57 | 38.36 | 246,736.0 |
| JINDAL STAINLESS LTD | 2,990.49 | 21.44 | 64,127.5 |
| STEEL AUTHORITY OF INDIA LTD | 2,449.84 | 26.62 | 65,221.0 |
| APL APOLLO TUBES LTD | 1,141.86 | 53.03 | 60,553.8 |
| MOTHERSON SUMI WIRING INDIA LTD | 622.81 | 47.49 | 29,577.2 |
| SHYAM METALICS AND ENERGY LTD | 968.68 | 24.85 | 24,073.7 |
| WELSPUN CORP LTD | 1,661.27 | 13.31 | 22,118.8 |
| RATNAMANI METALS & TUBES LTD | 619.52 | 22.98 | 14,235.7 |
| SARDA ENERGY & MINERALS LTD | 1,021.00 | 18.25 | 18,635.7 |
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 | 13.31x |
| Max industry PE | 53.03x |
| Median industry PE | 24.85x |
| Average industry PE | 28.97x |
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