SCAN STEELS
|
The Current P/E Ratio of SCAN STEELS is 9.06.
Share Price | ₹37.3 | May 14,2025 |
Market Cap | ₹218.8 Cr | |
Earnings-TTM | ₹24.1 Cr | TTM-Consolidated Results |
Price/Earnings | 9.06x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SCAN STEELS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹218.8 Cr] as on May 14,2025
(/) Earnings [ ₹24.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 9.06x ]
Thus, for SCAN STEELS , the investors are currently willing to pay 9.06 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 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 p/e ratio for fiscal years ending Mar2024 to Mar2023 averaged 12.47x.
- SCAN STEELS 's operated at median p/e ratio of 15.47x from fiscal years ending March 2018 to 2022.
- Looking back at the last 2 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 Mar2023 of 9.46x.
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 Ratio | Market Cap |
---|---|---|---|
SCAN STEELS | 24.14 | 9.06 | 218.8 |
JSW STEEL LTD | 3,478.00 | 69.56 | 241,917.0 |
TATA STEEL LTD | 2,982.97 | 64.99 | 193,868.0 |
JINDAL STAINLESS LTD | 2,543.42 | 21.21 | 53,956.9 |
STEEL AUTHORITY OF INDIA LTD | 1,707.76 | 29.68 | 50,681.6 |
APL APOLLO TUBES LTD | 757.06 | 63.95 | 48,415.6 |
MOTHERSON SUMI WIRING INDIA LTD | 605.86 | 41.52 | 25,156.1 |
SHYAM METALICS AND ENERGY LTD | 909.14 | 27.86 | 25,324.2 |
WELSPUN CORP LTD | 836.83 | 24.28 | 20,322.1 |
RATNAMANI METALS & TUBES LTD | 531.53 | 36.28 | 19,282.0 |
SARDA ENERGY & MINERALS LTD | 662.92 | 24.05 | 15,941.7 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs SCAN STEELS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.06x |
Max industry PE | 69.56x |
Median industry PE | 29.68x |
Average industry PE | 37.49x |
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