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SUNFLAG IRON AND STEEL COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of SUNFLAG IRON AND STEEL COMPANY is 27.78.

Share Price ₹215.1Apr 24,2024
Market Cap ₹3,876.1 Cr
Earnings-TTM₹139.5 CrTTM-Consolidated Results
Price/Earnings27.78xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SUNFLAG IRON AND STEEL COMPANY

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 SUNFLAG IRON AND STEEL COMPANY is calculated as :

Current Market Cap [ ₹3,876.1 Cr] as on Apr 24,2024

(/) Earnings [ ₹139.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 27.78x ]

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

Thus, for SUNFLAG IRON AND STEEL COMPANY , the investors are currently willing to pay 27.78 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 SUNFLAG IRON AND STEEL COMPANY !

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 SUNFLAG IRON AND STEEL COMPANY over the last five years.

Historical PE (Price/Earnings) ratio chart of SUNFLAG IRON AND STEEL COMPANY


PE Ratio Performance Analysis for SUNFLAG IRON AND STEEL COMPANY

- SUNFLAG IRON AND STEEL COMPANY 's latest p/e ratio is 27.78x.

- SUNFLAG IRON AND STEEL COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.68x.

- SUNFLAG IRON AND STEEL COMPANY 's operated at median p/e ratio of 5.24x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SUNFLAG IRON AND STEEL COMPANY 's p/e ratio peaked in Mar2021 at 8.04x.

- SUNFLAG IRON AND STEEL COMPANY 's p/e ratio hit its five-year low in Mar2023 of 2.39x.


How does SUNFLAG IRON AND STEEL COMPANY '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
SUNFLAG IRON AND STEEL COMPANY 139.5427.783,876.1
JSW STEEL LTD11,474.0018.82215,934.0
TATA STEEL LTD-3,899.20-52.99206,601.0
JINDAL STAINLESS LTD2,816.4121.5760,748.9
STEEL AUTHORITY OF INDIA LTD2,533.0126.8668,029.8
APL APOLLO TUBES LTD763.8257.4643,889.1
MOTHERSON SUMI WIRING INDIA LTD585.3453.5831,363.3
RATNAMANI METALS & TUBES LTD624.5633.7721,094.2
SHYAM METALICS AND ENERGY LTD1,101.7316.5918,281.7
WELSPUN CORP LTD894.1616.7714,993.5
JINDAL SAW LTD1,406.6012.1317,063.7

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs SUNFLAG IRON AND STEEL COMPANY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -52.99x
Max industry PE 57.46x
Median industry PE 21.57x
Average industry PE 21.12x



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