VENUS PIPES & TUBES
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The Current P/E Ratio of VENUS PIPES & TUBES is 29.71.
Share Price | ₹1,293.1 | Oct 14,2025 |
Market Cap | ₹2,676.7 Cr | |
Earnings-TTM | ₹90.1 Cr | TTM-Standalone Results |
Price/Earnings | 29.71x | 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 [ ₹2,676.7 Cr] as on Oct 14,2025
(/) Earnings [ ₹90.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 29.71x ]
Thus, for VENUS PIPES & TUBES , the investors are currently willing to pay 29.71 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 Mar2025 to Mar2021 averaged 21.11x.
- VENUS PIPES & TUBES 's operated at median p/e ratio of 26.63x 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 | 90.10 | 29.71 | 2,676.7 |
JSW STEEL LTD | 5,232.00 | 53.65 | 280,677.0 |
TATA STEEL LTD | 4,084.55 | 52.08 | 212,718.0 |
JINDAL STAINLESS LTD | 2,624.24 | 24.37 | 63,958.5 |
STEEL AUTHORITY OF INDIA LTD | 2,581.37 | 20.62 | 53,221.8 |
APL APOLLO TUBES LTD | 801.06 | 59.73 | 47,845.0 |
MOTHERSON SUMI WIRING INDIA LTD | 600.09 | 48.68 | 29,212.5 |
SHYAM METALICS AND ENERGY LTD | 923.70 | 28.09 | 25,946.7 |
WELSPUN CORP LTD | 1,385.65 | 15.69 | 21,741.0 |
RATNAMANI METALS & TUBES LTD | 562.83 | 28.91 | 16,268.7 |
SARDA ENERGY & MINERALS LTD | 909.74 | 20.97 | 19,079.7 |
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 | 15.69x |
Max industry PE | 59.73x |
Median industry PE | 28.91x |
Average industry PE | 34.77x |
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