VENUS PIPES & TUBES
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The Current P/E Ratio of VENUS PIPES & TUBES is 36.09.
Share Price | ₹1,635.3 | Jul 15,2025 |
Market Cap | ₹3,352.4 Cr | |
Earnings-TTM | ₹92.9 Cr | TTM-Standalone Results |
Price/Earnings | 36.09x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of VENUS PIPES & TUBES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹3,352.4 Cr] as on Jul 15,2025
(/) Earnings [ ₹92.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 36.09x ]
Thus, for VENUS PIPES & TUBES , the investors are currently willing to pay 36.09 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 VENUS PIPES & TUBES !
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 VENUS PIPES & TUBES over the last five years.
Historical PE (Price/Earnings) ratio chart of VENUS PIPES & TUBES
PE Ratio Performance Analysis for VENUS PIPES & TUBES
- VENUS PIPES & TUBES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 15.78x.
- VENUS PIPES & TUBES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VENUS PIPES & TUBES 's p/e ratio peaked in Mar2024 at 44.53x.
- VENUS PIPES & TUBES 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does VENUS PIPES & TUBES '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 |
---|---|---|---|
VENUS PIPES & TUBES | 92.89 | 36.09 | 3,352.4 |
JSW STEEL LTD | 3,802.00 | 66.63 | 253,312.0 |
TATA STEEL LTD | 2,982.97 | 66.56 | 198,549.0 |
JINDAL STAINLESS LTD | 2,543.42 | 22.31 | 56,753.6 |
STEEL AUTHORITY OF INDIA LTD | 1,885.02 | 29.55 | 55,700.1 |
APL APOLLO TUBES LTD | 757.06 | 63.10 | 47,771.7 |
MOTHERSON SUMI WIRING INDIA LTD | 605.86 | 47.24 | 28,622.2 |
SHYAM METALICS AND ENERGY LTD | 909.14 | 26.69 | 24,267.7 |
WELSPUN CORP LTD | 1,293.33 | 18.47 | 23,884.8 |
RATNAMANI METALS & TUBES LTD | 541.57 | 37.38 | 20,245.0 |
SARDA ENERGY & MINERALS LTD | 681.17 | 22.96 | 15,638.7 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs VENUS PIPES & TUBES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 18.47x |
Max industry PE | 66.63x |
Median industry PE | 36.09x |
Average industry PE | 39.73x |
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