Home > PE Ratio > SURAJ

SURAJ
PE (Price/Earnings) Ratio

The Current P/E Ratio of SURAJ is 19.64.

Share Price ₹295.5Apr 29,2024
Market Cap ₹543.6 Cr
Earnings-TTM₹27.7 CrTTM-Standalone Results
Price/Earnings19.64xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for SURAJ
Please provide your vote to see the results
SURAJ is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals
Best Quarterly Growth Small Cap Stocks
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of SURAJ

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 SURAJ is calculated as :

Current Market Cap [ ₹543.6 Cr] as on Apr 29,2024

(/) Earnings [ ₹27.7 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 19.64x ]

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

Thus, for SURAJ , the investors are currently willing to pay 19.64 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 latest p/e ratio is 19.64x.

- 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 RatioMarket Cap
SURAJ 27.6719.64543.6
JSW STEEL LTD11,474.0019.10219,113.0
TATA STEEL LTD-3,899.20-53.59208,973.0
JINDAL STAINLESS LTD2,816.4120.4657,636.3
STEEL AUTHORITY OF INDIA LTD2,533.0126.8768,071.1
APL APOLLO TUBES LTD763.8256.5243,167.6
MOTHERSON SUMI WIRING INDIA LTD585.3452.5630,766.5
RATNAMANI METALS & TUBES LTD624.5634.5721,589.4
SHYAM METALICS AND ENERGY LTD1,101.7316.1717,812.8
WELSPUN CORP LTD894.1616.7114,939.9
JINDAL SAW LTD1,406.6012.6617,810.3

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

Top 10 Industry PeersPE Ratio
Min industry PE -53.59x
Max industry PE 56.52x
Median industry PE 19.64x
Average industry PE 20.15x



You may also like the below Video Courses