MSP STEEL & POWER
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The Current P/E Ratio of MSP STEEL & POWER is 45.89.
| Share Price | ₹30.6 | Oct 22,2026 |
| Market Cap | ₹1,736.7 Cr | |
| Earnings-TTM | ₹37.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 45.89x | 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 [ ₹1,736.7 Cr] as on Oct 22,2026
(/) Earnings [ ₹37.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 45.89x ]
Thus, for MSP STEEL & POWER , the investors are currently willing to pay 45.89 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 Mar2026 to Mar2022 averaged 28.53x.
- 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 | 37.85 | 45.89 | 1,736.7 |
| JSW STEEL LTD | 28,468.00 | 10.47 | 298,076.0 |
| TATA STEEL LTD | 10,878.80 | 19.83 | 215,714.0 |
| STEEL AUTHORITY OF INDIA LTD | 3,894.18 | 17.99 | 70,074.4 |
| JINDAL STAINLESS LTD | 3,267.72 | 17.93 | 58,595.6 |
| APL APOLLO TUBES LTD | 1,229.04 | 46.31 | 56,920.0 |
| WELSPUN CORP LTD | 1,405.08 | 45.71 | 64,219.8 |
| SHYAM METALICS AND ENERGY LTD | 1,120.14 | 29.81 | 33,391.1 |
| GODAWARI POWER AND ISPAT LTD | 799.43 | 16.82 | 13,450.0 |
| SARDA ENERGY & MINERALS LTD | 1,103.05 | 14.58 | 16,079.2 |
| RATNAMANI METALS & TUBES LTD | 514.35 | 32.26 | 16,591.5 |
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 | 10.47x |
| Max industry PE | 46.31x |
| Median industry PE | 19.83x |
| Average industry PE | 27.05x |
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