PRAKASH INDUSTRIES
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The Current P/E Ratio of PRAKASH INDUSTRIES is 7.96.
| Share Price | ₹147.0 | May 19,2026 |
| Market Cap | ₹2,631.9 Cr | |
| Earnings-TTM | ₹330.7 Cr | TTM-Standalone Results |
| Price/Earnings | 7.96x | Calculated as Market Cap/Earnings |
|---|---|---|
| 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 [ ₹2,631.9 Cr] as on May 19,2026
(/) Earnings [ ₹330.7 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 7.96x ]
Thus, for PRAKASH INDUSTRIES , the investors are currently willing to pay 7.96 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 Mar2025 to Mar2021 averaged 8.68x.
- 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 Mar2023 of 4.78x.
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 | 330.65 | 7.96 | 2,631.9 |
| JSW STEEL LTD | 25,983.00 | 12.09 | 314,204.0 |
| TATA STEEL LTD | 10,517.30 | 24.84 | 261,279.0 |
| STEEL AUTHORITY OF INDIA LTD | 2,947.41 | 27.89 | 82,197.5 |
| JINDAL STAINLESS LTD | 3,167.84 | 19.20 | 60,838.0 |
| APL APOLLO TUBES LTD | 1,203.10 | 43.03 | 51,765.2 |
| WELSPUN CORP LTD | 1,661.27 | 20.36 | 33,824.6 |
| SHYAM METALICS AND ENERGY LTD | 1,060.07 | 23.79 | 25,215.4 |
| GODAWARI POWER AND ISPAT LTD | 740.98 | 26.37 | 19,536.0 |
| SARDA ENERGY & MINERALS LTD | 1,016.68 | 18.63 | 18,942.3 |
| RATNAMANI METALS & TUBES LTD | 534.47 | 33.28 | 17,787.9 |
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 | 7.96x |
| Max industry PE | 43.03x |
| Median industry PE | 23.79x |
| Average industry PE | 23.40x |
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