PRAKASH INDUSTRIES
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The Current P/E Ratio of PRAKASH INDUSTRIES is 8.05.
Share Price | ₹159.7 | Jul 03,2025 |
Market Cap | ₹2,860.2 Cr | |
Earnings-TTM | ₹355.5 Cr | TTM-Standalone Results |
Price/Earnings | 8.05x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of PRAKASH INDUSTRIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,860.2 Cr] as on Jul 03,2025
(/) Earnings [ ₹355.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 8.05x ]
Thus, for PRAKASH INDUSTRIES , the investors are currently willing to pay 8.05 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 PRAKASH INDUSTRIES !
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 PRAKASH INDUSTRIES over the last five years.
Historical PE (Price/Earnings) ratio chart of PRAKASH INDUSTRIES
PE Ratio Performance Analysis for PRAKASH INDUSTRIES
- PRAKASH INDUSTRIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 7.64x.
- PRAKASH INDUSTRIES 's operated at median p/e ratio of 8.1x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PRAKASH INDUSTRIES 's p/e ratio peaked in Mar2021 at 13.96x.
- PRAKASH INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 2.83x.
How does PRAKASH INDUSTRIES '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 |
---|---|---|---|
PRAKASH INDUSTRIES | 355.45 | 8.05 | 2,860.2 |
JSW STEEL LTD | 3,802.00 | 67.24 | 255,660.0 |
TATA STEEL LTD | 2,982.97 | 69.41 | 207,038.0 |
JINDAL STAINLESS LTD | 2,543.42 | 22.60 | 57,470.3 |
STEEL AUTHORITY OF INDIA LTD | 1,885.02 | 29.89 | 56,340.4 |
APL APOLLO TUBES LTD | 757.06 | 63.40 | 47,996.5 |
MOTHERSON SUMI WIRING INDIA LTD | 605.86 | 44.08 | 26,703.5 |
SHYAM METALICS AND ENERGY LTD | 909.14 | 26.91 | 24,461.7 |
WELSPUN CORP LTD | 1,293.33 | 18.79 | 24,299.3 |
RATNAMANI METALS & TUBES LTD | 541.57 | 37.04 | 20,062.4 |
SARDA ENERGY & MINERALS LTD | 681.17 | 22.45 | 15,289.8 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs PRAKASH INDUSTRIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 8.05x |
Max industry PE | 69.41x |
Median industry PE | 29.89x |
Average industry PE | 37.26x |
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