SHAH ALLOYS
|
The Current P/E Ratio of SHAH ALLOYS is -4.45.
Share Price | ₹64.8 | May 06,2024 |
Market Cap | ₹128.2 Cr | |
Earnings-TTM | ₹-28.8 Cr | TTM-Consolidated Results |
Price/Earnings | -4.45x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SHAH ALLOYS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹128.2 Cr] as on May 06,2024
(/) Earnings [ ₹-28.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -4.45x ]
Thus, for SHAH ALLOYS , the investors are currently willing to pay -4.45 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 SHAH ALLOYS !
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 SHAH ALLOYS over the last five years.
Historical PE (Price/Earnings) ratio chart of SHAH ALLOYS
PE Ratio Performance Analysis for SHAH ALLOYS
- SHAH ALLOYS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.34x.
- SHAH ALLOYS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHAH ALLOYS 's p/e ratio peaked in Mar2019 at 4.26x.
- SHAH ALLOYS 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does SHAH ALLOYS '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 |
---|---|---|---|
SHAH ALLOYS | -28.84 | -4.45 | 128.2 |
JSW STEEL LTD | 11,474.00 | 18.75 | 215,188.0 |
TATA STEEL LTD | -3,899.20 | -53.66 | 209,223.0 |
JINDAL STAINLESS LTD | 2,816.41 | 21.10 | 59,431.4 |
STEEL AUTHORITY OF INDIA LTD | 2,533.01 | 26.57 | 67,306.9 |
APL APOLLO TUBES LTD | 763.82 | 56.63 | 43,255.0 |
MOTHERSON SUMI WIRING INDIA LTD | 585.34 | 51.85 | 30,350.9 |
RATNAMANI METALS & TUBES LTD | 624.56 | 34.64 | 21,634.2 |
SHYAM METALICS AND ENERGY LTD | 1,101.73 | 14.95 | 16,473.0 |
WELSPUN CORP LTD | 894.16 | 17.05 | 15,243.4 |
JINDAL SAW LTD | 1,406.60 | 13.39 | 18,830.3 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs SHAH ALLOYS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -53.66x |
Max industry PE | 56.63x |
Median industry PE | 18.75x |
Average industry PE | 17.89x |
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