MUKAND
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The Current P/E Ratio of MUKAND is 3.56.
| Share Price | ₹148.9 | May 18,2026 |
| Market Cap | ₹2,150.9 Cr | |
| Earnings-TTM | ₹604.2 Cr | TTM-Consolidated Results |
| Price/Earnings | 3.56x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of MUKAND
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,150.9 Cr] as on May 18,2026
(/) Earnings [ ₹604.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 3.56x ]
Thus, for MUKAND , the investors are currently willing to pay 3.56 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 MUKAND !
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 MUKAND over the last five years.
Historical PE (Price/Earnings) ratio chart of MUKAND
PE Ratio Performance Analysis for MUKAND
- MUKAND 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 12.23x.
- MUKAND 's operated at median p/e ratio of 11.79x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MUKAND 's p/e ratio peaked in Mar2024 at 20.68x.
- MUKAND 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does MUKAND '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 |
|---|---|---|---|
| MUKAND | 604.15 | 3.56 | 2,150.9 |
| JSW STEEL LTD | 25,983.00 | 12.17 | 316,099.0 |
| TATA STEEL LTD | 10,517.30 | 24.91 | 261,965.0 |
| JINDAL STAINLESS LTD | 3,167.84 | 19.47 | 61,666.6 |
| STEEL AUTHORITY OF INDIA LTD | 2,947.41 | 26.99 | 79,553.9 |
| APL APOLLO TUBES LTD | 1,203.10 | 43.35 | 52,155.4 |
| MOTHERSON SUMI WIRING INDIA LTD | 625.18 | 41.58 | 25,996.1 |
| SHYAM METALICS AND ENERGY LTD | 1,060.07 | 23.36 | 24,759.0 |
| WELSPUN CORP LTD | 1,661.27 | 20.61 | 34,244.0 |
| RATNAMANI METALS & TUBES LTD | 534.47 | 32.38 | 17,306.1 |
| SARDA ENERGY & MINERALS LTD | 1,016.68 | 18.60 | 18,914.1 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs MUKAND 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 3.56x |
| Max industry PE | 43.35x |
| Median industry PE | 23.36x |
| Average industry PE | 24.27x |
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