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SCAN STEELS
PE (Price/Earnings) Ratio

The Current P/E Ratio of SCAN STEELS is 10.28.

Share Price ₹28.9Mar 11,2026
Market Cap ₹169.3 Cr
Earnings-TTM₹16.5 CrTTM-Consolidated Results
Price/Earnings10.28xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SCAN STEELS

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of SCAN STEELS is calculated as :

Current Market Cap [ ₹169.3 Cr] as on Mar 11,2026

(/) Earnings [ ₹16.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 10.28x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for SCAN STEELS , the investors are currently willing to pay 10.28 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 SCAN STEELS !

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 SCAN STEELS over the last five years.

Historical PE (Price/Earnings) ratio chart of SCAN STEELS


PE Ratio Performance Analysis for SCAN STEELS

- SCAN STEELS 's latest p/e ratio is 10.28x.

- SCAN STEELS 's p/e ratio for fiscal years ending Mar2025 to Mar2023 averaged 11.38x.

- SCAN STEELS 's operated at median p/e ratio of 9.46x from fiscal years ending March 2018 to 2022.

- Looking back at the last 3 fiscal years, SCAN STEELS 's p/e ratio peaked in Mar2024 at 15.47x.

- SCAN STEELS 's p/e ratio hit its five-year low in Mar2025 of 9.22x.


How does SCAN STEELS 's P/E Ratio benchmark against top 10 peers in Steel & Iron Products Industry?

Peer Comparison (Steel & Iron Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SCAN STEELS 16.4710.28169.3
JSW STEEL LTD8,314.0034.67288,258.0
TATA STEEL LTD8,810.4727.59243,053.0
JINDAL STAINLESS LTD2,990.4920.2760,623.7
STEEL AUTHORITY OF INDIA LTD2,449.8425.9363,527.5
APL APOLLO TUBES LTD1,141.8649.0556,007.5
MOTHERSON SUMI WIRING INDIA LTD622.8142.8426,679.2
SHYAM METALICS AND ENERGY LTD968.6822.6221,914.6
WELSPUN CORP LTD1,661.2713.2221,969.8
RATNAMANI METALS & TUBES LTD621.7226.8416,687.2
SARDA ENERGY & MINERALS LTD1,016.6818.8419,151.9

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs SCAN STEELS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 10.28x
Max industry PE 49.05x
Median industry PE 25.93x
Average industry PE 26.56x



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