SURAJ PRODUCTS
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The Current P/E Ratio of SURAJ PRODUCTS is 24.85.
Share Price | ₹669.6 | Apr 26,2024 |
Market Cap | ₹763.3 Cr | |
Earnings-TTM | ₹30.7 Cr | TTM-Standalone Results |
Price/Earnings | 24.85x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SURAJ PRODUCTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹763.3 Cr] as on Apr 26,2024
(/) Earnings [ ₹30.7 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 24.85x ]
Thus, for SURAJ PRODUCTS , the investors are currently willing to pay 24.85 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 PRODUCTS !
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 PRODUCTS over the last five years.
Historical PE (Price/Earnings) ratio chart of SURAJ PRODUCTS
PE Ratio Performance Analysis for SURAJ PRODUCTS
- SURAJ PRODUCTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.15x.
- SURAJ PRODUCTS 's operated at median p/e ratio of 4.36x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SURAJ PRODUCTS 's p/e ratio peaked in Mar2022 at 5.47x.
- SURAJ PRODUCTS 's p/e ratio hit its five-year low in Mar2020 of 1.96x.
How does SURAJ PRODUCTS 's P/E Ratio benchmark against top 10 peers in Steel/Sponge Iron/Pig Iron Industry?
Peer Comparison (Steel/Sponge Iron/Pig Iron Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
SURAJ PRODUCTS | 30.71 | 24.85 | 763.3 |
JINDAL STEEL & POWER LTD | 5,475.88 | 17.36 | 95,067.1 |
LLOYDS METALS & ENERGY LTD | 1,235.05 | 29.71 | 36,689.0 |
JAI BALAJI INDUSTRIES LTD | 879.57 | 21.36 | 18,791.1 |
STEEL EXCHANGE INDIA LTD | -51.47 | -32.83 | 1,689.9 |
SAL STEEL LTD | -2.36 | -70.21 | 165.7 |
KIC METALIKS LTD | 5.73 | 34.06 | 195.3 |
BIHAR SPONGE IRON LTD | 7.26 | 18.27 | 132.6 |
VASWANI INDUSTRIES LTD | 7.08 | 15.55 | 110.1 |
Steel/Sponge Iron/Pig Iron Industry Benchmark (Top 10) PE Analysis vs SURAJ PRODUCTS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -70.21x |
Max industry PE | 34.06x |
Median industry PE | 18.27x |
Average industry PE | 6.46x |
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