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STEEL STRIPS WHEELS
PE (Price/Earnings) Ratio

The Current P/E Ratio of STEEL STRIPS WHEELS is 20.65.

Share Price ₹257.2Jun 20,2025
Market Cap ₹4,035.5 Cr
Earnings-TTM₹195.4 CrTTM-Consolidated Results
Price/Earnings20.65xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of STEEL STRIPS WHEELS

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 STEEL STRIPS WHEELS is calculated as :

Current Market Cap [ ₹4,035.5 Cr] as on Jun 20,2025

(/) Earnings [ ₹195.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 20.65x ]

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

Thus, for STEEL STRIPS WHEELS , the investors are currently willing to pay 20.65 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 STEEL STRIPS WHEELS !

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 STEEL STRIPS WHEELS over the last five years.

Historical PE (Price/Earnings) ratio chart of STEEL STRIPS WHEELS


PE Ratio Performance Analysis for STEEL STRIPS WHEELS

- STEEL STRIPS WHEELS 's latest p/e ratio is 20.65x.

- STEEL STRIPS WHEELS 's p/e ratio for fiscal years ending Mar2024 to Mar2022 averaged 6.51x.

- STEEL STRIPS WHEELS 's operated at median p/e ratio of 5.14x from fiscal years ending March 2018 to 2022.

- Looking back at the last 3 fiscal years, STEEL STRIPS WHEELS 's p/e ratio peaked in Mar2023 at 11.94x.

- STEEL STRIPS WHEELS 's p/e ratio hit its five-year low in Mar2022 of 2.45x.


How does STEEL STRIPS WHEELS 's P/E Ratio benchmark against top 10 peers in Auto Ancillary Industry?

Peer Comparison (Auto Ancillary Industry)Earnings-TTM (Cr)PE RatioMarket Cap
STEEL STRIPS WHEELS 195.4220.654,035.5
SAMVARDHANA MOTHERSON INTERNATIONAL LTD3,618.2229.23105,756.0
BOSCH LTD2,013.0047.3295,253.0
UNO MINDA LTD840.2972.5960,993.4
SONA BLW PRECISION FORGINGS LTD599.6950.5330,299.4
ENDURANCE TECHNOLOGIES LTD836.3543.3236,229.1
ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LTD460.7354.4125,067.8
TVS HOLDINGS LTD2,472.988.9822,207.7
JBM AUTO LTD250.1561.9415,493.9
MINDA CORPORATION LTD239.2050.4612,071.1
CRAFTSMAN AUTOMATION LTD199.8761.6012,311.5

Auto Ancillary Industry Benchmark (Top 10) PE Analysis vs STEEL STRIPS WHEELS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 8.98x
Max industry PE 72.59x
Median industry PE 50.46x
Average industry PE 45.55x



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