SURAJ
|
The Current P/E Ratio of SURAJ is 20.09.
Share Price | ₹302.2 | Apr 25,2024 |
Market Cap | ₹556.0 Cr | |
Earnings-TTM | ₹27.7 Cr | TTM-Standalone Results |
Price/Earnings | 20.09x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SURAJ
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹556.0 Cr] as on Apr 25,2024
(/) Earnings [ ₹27.7 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 20.09x ]
Thus, for SURAJ , the investors are currently willing to pay 20.09 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 SURAJ !
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 SURAJ over the last five years.
Historical PE (Price/Earnings) ratio chart of SURAJ
PE Ratio Performance Analysis for SURAJ
- SURAJ 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 36.75x.
- SURAJ 's operated at median p/e ratio of 40.13x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SURAJ 's p/e ratio peaked in Mar2019 at 49.26x.
- SURAJ 's p/e ratio hit its five-year low in Mar2023 of 7.16x.
How does SURAJ '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 |
---|---|---|---|
SURAJ | 27.67 | 20.09 | 556.0 |
JSW STEEL LTD | 11,474.00 | 19.30 | 221,436.0 |
TATA STEEL LTD | -3,899.20 | -53.66 | 209,223.0 |
JINDAL STAINLESS LTD | 2,816.41 | 21.31 | 60,024.3 |
STEEL AUTHORITY OF INDIA LTD | 2,533.01 | 26.89 | 68,112.4 |
APL APOLLO TUBES LTD | 763.82 | 56.28 | 42,991.3 |
MOTHERSON SUMI WIRING INDIA LTD | 585.34 | 52.96 | 31,000.8 |
RATNAMANI METALS & TUBES LTD | 624.56 | 33.62 | 20,995.0 |
SHYAM METALICS AND ENERGY LTD | 1,101.73 | 16.31 | 17,971.9 |
WELSPUN CORP LTD | 894.16 | 16.87 | 15,086.4 |
JINDAL SAW LTD | 1,406.60 | 12.45 | 17,506.5 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs SURAJ 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -53.66x |
Max industry PE | 56.28x |
Median industry PE | 20.09x |
Average industry PE | 20.22x |
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