RATHI STEEL & POWER
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The Current P/E Ratio of RATHI STEEL & POWER is 6.35.
Share Price | ₹62.4 | May 02,2024 |
Market Cap | ₹530.6 Cr | |
Earnings-TTM | ₹83.5 Cr | TTM-Standalone Results |
Price/Earnings | 6.35x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RATHI STEEL & POWER
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹530.6 Cr] as on May 02,2024
(/) Earnings [ ₹83.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 6.35x ]
Thus, for RATHI STEEL & POWER , the investors are currently willing to pay 6.35 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 RATHI 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 RATHI STEEL & POWER over the last five years.
Historical PE (Price/Earnings) ratio chart of RATHI STEEL & POWER
PE Ratio Performance Analysis for RATHI STEEL & POWER
- RATHI STEEL & POWER 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.00x.
- RATHI STEEL & POWER 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RATHI STEEL & POWER 's p/e ratio peaked in Mar2023 at 0x.
- RATHI STEEL & POWER 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does RATHI 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 |
---|---|---|---|
RATHI STEEL & POWER | 83.50 | 6.35 | 530.6 |
JSW STEEL LTD | 11,474.00 | 18.98 | 217,792.0 |
TATA STEEL LTD | -3,899.20 | -53.58 | 208,911.0 |
JINDAL STAINLESS LTD | 2,816.41 | 21.46 | 60,431.9 |
STEEL AUTHORITY OF INDIA LTD | 2,533.01 | 26.98 | 68,339.5 |
APL APOLLO TUBES LTD | 763.82 | 57.82 | 44,163.9 |
MOTHERSON SUMI WIRING INDIA LTD | 585.34 | 52.00 | 30,434.9 |
RATNAMANI METALS & TUBES LTD | 624.56 | 35.82 | 22,370.9 |
SHYAM METALICS AND ENERGY LTD | 1,101.73 | 15.74 | 17,345.2 |
WELSPUN CORP LTD | 894.16 | 17.77 | 15,891.0 |
JINDAL SAW LTD | 1,406.60 | 12.63 | 17,767.1 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs RATHI STEEL & POWER 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -53.58x |
Max industry PE | 57.82x |
Median industry PE | 18.98x |
Average industry PE | 19.27x |
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