SAL STEEL
|
The Current P/E Ratio of SAL STEEL is -21.42.
Share Price | ₹16.2 | Aug 05,2025 |
Market Cap | ₹137.7 Cr | |
Earnings-TTM | ₹-6.4 Cr | TTM-Standalone Results |
Price/Earnings | -21.42x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SAL STEEL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹137.7 Cr] as on Aug 05,2025
(/) Earnings [ ₹-6.4 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ -21.42x ]
Thus, for SAL STEEL , the investors are currently willing to pay -21.42 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 SAL STEEL !
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 SAL STEEL over the last five years.
Historical PE (Price/Earnings) ratio chart of SAL STEEL
PE Ratio Performance Analysis for SAL STEEL
- SAL STEEL 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 83.54x.
- SAL STEEL 's operated at median p/e ratio of 7.33x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SAL STEEL 's p/e ratio peaked in Mar2024 at 374.5x.
- SAL STEEL 's p/e ratio hit its five-year low in Mar2020 of 0.92x.
How does SAL STEEL 's P/E Ratio benchmark against top 10 peers in Steel/Sponge Iron/Pig Iron Industry?
Peer Comparison (Steel/Sponge Iron/Pig Iron Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
SAL STEEL | -6.43 | -21.42 | 137.7 |
JINDAL STEEL & POWER LTD | 2,854.75 | 35.72 | 101,968.0 |
LLOYDS METALS & ENERGY LTD | 1,449.89 | 52.44 | 76,035.9 |
JAI BALAJI INDUSTRIES LTD | 557.88 | 17.84 | 9,952.7 |
STEEL EXCHANGE INDIA LTD | 33.58 | 39.74 | 1,334.5 |
SURAJ PRODUCTS LTD | 19.32 | 16.82 | 324.9 |
VASWANI INDUSTRIES LTD | 8.61 | 19.15 | 164.8 |
KIC METALIKS LTD | -6.09 | -20.39 | 124.2 |
BIHAR SPONGE IRON LTD | 10.39 | 12.52 | 130.2 |
Steel/Sponge Iron/Pig Iron Industry Benchmark (Top 10) PE Analysis vs SAL STEEL 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -21.42x |
Max industry PE | 52.44x |
Median industry PE | 17.84x |
Average industry PE | 16.94x |
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