SARDA ENERGY & MINERALS
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The Current P/E Ratio of SARDA ENERGY & MINERALS is 13.06.
Share Price | ₹203.1 | Mar 28,2024 |
Market Cap | ₹7,157.2 Cr | |
Earnings-TTM | ₹547.9 Cr | TTM-Consolidated Results |
Price/Earnings | 13.06x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SARDA ENERGY & MINERALS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹7,157.2 Cr] as on Mar 28,2024
(/) Earnings [ ₹547.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 13.06x ]
Thus, for SARDA ENERGY & MINERALS , the investors are currently willing to pay 13.06 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 SARDA ENERGY & MINERALS !
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 SARDA ENERGY & MINERALS over the last five years.
Historical PE (Price/Earnings) ratio chart of SARDA ENERGY & MINERALS
PE Ratio Performance Analysis for SARDA ENERGY & MINERALS
- SARDA ENERGY & MINERALS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.82x.
- SARDA ENERGY & MINERALS 's operated at median p/e ratio of 3.39x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SARDA ENERGY & MINERALS 's p/e ratio peaked in Mar2019 at 5.55x.
- SARDA ENERGY & MINERALS 's p/e ratio hit its five-year low in Mar2022 of 0.51x.
How does SARDA ENERGY & MINERALS '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 |
---|---|---|---|
SARDA ENERGY & MINERALS | 547.89 | 13.06 | 7,157.2 |
JSW STEEL LTD | 11,474.00 | 17.72 | 203,303.0 |
TATA STEEL LTD | -3,899.20 | -49.91 | 194,617.0 |
JINDAL STAINLESS LTD | 2,816.41 | 20.30 | 57,183.4 |
STEEL AUTHORITY OF INDIA LTD | 2,533.01 | 21.88 | 55,411.0 |
APL APOLLO TUBES LTD | 763.82 | 54.33 | 41,495.5 |
MOTHERSON SUMI WIRING INDIA LTD | 585.34 | 49.83 | 29,166.1 |
RATNAMANI METALS & TUBES LTD | 624.56 | 31.30 | 19,545.9 |
SHYAM METALICS AND ENERGY LTD | 1,101.73 | 14.97 | 16,489.7 |
WELSPUN CORP LTD | 894.16 | 15.10 | 13,500.7 |
JINDAL SAW LTD | 1,406.60 | 9.82 | 13,816.6 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs SARDA ENERGY & MINERALS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -49.91x |
Max industry PE | 54.33x |
Median industry PE | 17.72x |
Average industry PE | 18.03x |
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