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SHRI BAJRANG ALLIANCE
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHRI BAJRANG ALLIANCE is 43.57.

Share Price ₹165.0Oct 09,2026
Market Cap ₹148.5 Cr
Earnings-TTM₹3.4 CrTTM-Consolidated Results
Price/Earnings43.57xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SHRI BAJRANG ALLIANCE

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 SHRI BAJRANG ALLIANCE is calculated as :

Current Market Cap [ ₹148.5 Cr] as on Oct 09,2026

(/) Earnings [ ₹3.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 43.57x ]

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

Thus, for SHRI BAJRANG ALLIANCE , the investors are currently willing to pay 43.57 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 SHRI BAJRANG ALLIANCE !

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 SHRI BAJRANG ALLIANCE over the last five years.

Historical PE (Price/Earnings) ratio chart of SHRI BAJRANG ALLIANCE


PE Ratio Performance Analysis for SHRI BAJRANG ALLIANCE

- SHRI BAJRANG ALLIANCE 's latest p/e ratio is 43.57x.

- SHRI BAJRANG ALLIANCE 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 3.90x.

- SHRI BAJRANG ALLIANCE 's operated at median p/e ratio of 3.7x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SHRI BAJRANG ALLIANCE 's p/e ratio peaked in Mar2024 at 5.8x.

- SHRI BAJRANG ALLIANCE 's p/e ratio hit its five-year low in Mar2026 of 2.69x.


How does SHRI BAJRANG ALLIANCE '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
SHRI BAJRANG ALLIANCE 3.4143.57148.5
JSW STEEL LTD28,468.0010.04285,874.0
TATA STEEL LTD10,878.8019.92216,713.0
STEEL AUTHORITY OF INDIA LTD3,894.1818.1970,838.5
JINDAL STAINLESS LTD3,173.5718.3958,356.5
APL APOLLO TUBES LTD1,229.0447.5658,449.9
WELSPUN CORP LTD1,405.0849.6569,763.4
SHYAM METALICS AND ENERGY LTD1,120.1426.4229,590.8
GODAWARI POWER AND ISPAT LTD799.4317.4013,911.4
SARDA ENERGY & MINERALS LTD1,103.0515.3916,974.2
RATNAMANI METALS & TUBES LTD514.3534.3117,647.4

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs SHRI BAJRANG ALLIANCE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 10.04x
Max industry PE 49.65x
Median industry PE 19.92x
Average industry PE 27.35x



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