MSP STEEL & POWER
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The Current P/E Ratio of MSP STEEL & POWER is 66.35.
| Share Price | ₹39.5 | Jul 09,2026 |
| Market Cap | ₹2,237.2 Cr | |
| Earnings-TTM | ₹33.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 66.35x | 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 [ ₹2,237.2 Cr] as on Jul 09,2026
(/) Earnings [ ₹33.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 66.35x ]
Thus, for MSP STEEL & POWER , the investors are currently willing to pay 66.35 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 | 66.35 | 2,237.2 |
| JSW STEEL LTD | 25,983.00 | 11.52 | 299,421.0 |
| TATA STEEL LTD | 10,517.30 | 22.29 | 234,439.0 |
| STEEL AUTHORITY OF INDIA LTD | 2,947.41 | 23.24 | 68,504.8 |
| JINDAL STAINLESS LTD | 3,167.84 | 18.45 | 58,434.9 |
| APL APOLLO TUBES LTD | 1,203.10 | 41.22 | 49,587.0 |
| WELSPUN CORP LTD | 1,278.15 | 33.07 | 42,272.4 |
| SHYAM METALICS AND ENERGY LTD | 1,060.07 | 24.90 | 26,400.3 |
| GODAWARI POWER AND ISPAT LTD | 795.55 | 21.19 | 16,854.4 |
| SARDA ENERGY & MINERALS LTD | 1,063.31 | 16.41 | 17,449.9 |
| RATNAMANI METALS & TUBES LTD | 534.47 | 34.53 | 18,454.9 |
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 | 11.52x |
| Max industry PE | 66.35x |
| Median industry PE | 23.24x |
| Average industry PE | 28.47x |
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