PRAKASH INDUSTRIES
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The Current P/E Ratio of PRAKASH INDUSTRIES is 8.73.
Share Price | ₹172.4 | May 02,2025 |
Market Cap | ₹3,086.8 Cr | |
Earnings-TTM | ₹353.4 Cr | TTM-Standalone Results |
Price/Earnings | 8.73x | 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 [ ₹3,086.8 Cr] as on May 02,2025
(/) Earnings [ ₹353.4 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 8.73x ]
Thus, for PRAKASH INDUSTRIES , the investors are currently willing to pay 8.73 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 | 353.39 | 8.73 | 3,086.8 |
JSW STEEL LTD | 3,478.00 | 68.35 | 237,735.0 |
TATA STEEL LTD | 2,376.45 | 74.22 | 176,391.0 |
JINDAL STAINLESS LTD | 2,426.03 | 19.99 | 48,487.1 |
STEEL AUTHORITY OF INDIA LTD | 1,707.76 | 27.39 | 46,778.2 |
APL APOLLO TUBES LTD | 634.39 | 69.98 | 44,392.8 |
MOTHERSON SUMI WIRING INDIA LTD | 632.37 | 39.24 | 24,811.3 |
SHYAM METALICS AND ENERGY LTD | 908.92 | 26.44 | 24,029.1 |
WELSPUN CORP LTD | 836.83 | 24.05 | 20,122.0 |
RATNAMANI METALS & TUBES LTD | 531.53 | 34.57 | 18,376.7 |
SARDA ENERGY & MINERALS LTD | 662.92 | 23.47 | 15,561.2 |
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 | 8.73x |
Max industry PE | 74.22x |
Median industry PE | 27.39x |
Average industry PE | 37.86x |
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