MSP STEEL & POWER
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The Current P/E Ratio of MSP STEEL & POWER is 68.21.
| Share Price | ₹40.6 | Jun 08,2026 |
| Market Cap | ₹2,300.1 Cr | |
| Earnings-TTM | ₹33.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 68.21x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of MSP STEEL & POWER
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,300.1 Cr] as on Jun 08,2026
(/) Earnings [ ₹33.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 68.21x ]
Thus, for MSP STEEL & POWER , the investors are currently willing to pay 68.21 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 MSP STEEL & POWER !
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 MSP STEEL & POWER over the last five years.
Historical PE (Price/Earnings) ratio chart of MSP STEEL & POWER
PE Ratio Performance Analysis for MSP STEEL & POWER
- MSP STEEL & POWER 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 31.35x.
- MSP STEEL & POWER 's operated at median p/e ratio of 16.08x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MSP STEEL & POWER 's p/e ratio peaked in Mar2024 at 81.95x.
- MSP STEEL & POWER 's p/e ratio hit its five-year low in Mar2025 of 0x.
How does MSP STEEL & POWER '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 |
|---|---|---|---|
| MSP STEEL & POWER | 33.72 | 68.21 | 2,300.1 |
| JSW STEEL LTD | 25,983.00 | 11.87 | 308,360.0 |
| TATA STEEL LTD | 10,517.30 | 24.08 | 253,227.0 |
| STEEL AUTHORITY OF INDIA LTD | 2,947.41 | 25.79 | 76,001.7 |
| JINDAL STAINLESS LTD | 3,167.84 | 17.29 | 54,762.1 |
| APL APOLLO TUBES LTD | 1,203.10 | 42.06 | 50,604.6 |
| WELSPUN CORP LTD | 1,278.15 | 27.73 | 35,442.9 |
| SHYAM METALICS AND ENERGY LTD | 1,060.07 | 25.67 | 27,207.0 |
| GODAWARI POWER AND ISPAT LTD | 795.55 | 23.61 | 18,786.2 |
| SARDA ENERGY & MINERALS LTD | 1,063.31 | 17.83 | 18,961.6 |
| RATNAMANI METALS & TUBES LTD | 534.47 | 33.40 | 17,853.1 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs MSP STEEL & POWER 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 11.87x |
| Max industry PE | 68.21x |
| Median industry PE | 25.67x |
| Average industry PE | 28.87x |
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