SCAN STEELS
|
The Current P/E Ratio of SCAN STEELS is 11.61.
| Share Price | ₹37.9 | Jun 22,2026 |
| Market Cap | ₹230.0 Cr | |
| Earnings-TTM | ₹19.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 11.61x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
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)
Current Market Cap [ ₹230.0 Cr] as on Jun 22,2026
(/) Earnings [ ₹19.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 11.61x ]
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 11.61 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.
Thus, for SCAN STEELS , the investors are currently willing to pay 11.61 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 11.61x.
- 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.
- 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 Ratio | Market Cap |
|---|---|---|---|
| SCAN STEELS | 19.81 | 11.61 | 230.0 |
| JSW STEEL LTD | 25,983.00 | 12.06 | 313,385.0 |
| TATA STEEL LTD | 10,517.30 | 23.61 | 248,358.0 |
| STEEL AUTHORITY OF INDIA LTD | 2,947.41 | 24.49 | 72,180.9 |
| JINDAL STAINLESS LTD | 3,167.84 | 18.45 | 58,459.6 |
| APL APOLLO TUBES LTD | 1,203.10 | 42.78 | 51,468.1 |
| WELSPUN CORP LTD | 1,278.15 | 28.98 | 37,034.9 |
| SHYAM METALICS AND ENERGY LTD | 1,060.07 | 25.32 | 26,841.3 |
| GODAWARI POWER AND ISPAT LTD | 795.55 | 23.45 | 18,654.9 |
| SARDA ENERGY & MINERALS LTD | 1,063.31 | 17.60 | 18,715.0 |
| RATNAMANI METALS & TUBES LTD | 534.47 | 36.13 | 19,309.7 |
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 | 11.61x |
| Max industry PE | 42.78x |
| Median industry PE | 23.61x |
| Average industry PE | 24.04x |
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