VENUS PIPES & TUBES
|
The Current P/E Ratio of VENUS PIPES & TUBES is 31.62.
Share Price | ₹1,383.1 | Sep 24,2025 |
Market Cap | ₹2,849.2 Cr | |
Earnings-TTM | ₹90.1 Cr | TTM-Standalone Results |
Price/Earnings | 31.62x | Calculated as Market Cap/Earnings |
---|---|---|
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 [ ₹2,849.2 Cr] as on Sep 24,2025
(/) Earnings [ ₹90.1 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 31.62x ]
Thus, for VENUS PIPES & TUBES , the investors are currently willing to pay 31.62 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 | 31.62 | 2,849.2 |
JSW STEEL LTD | 5,232.00 | 53.72 | 281,056.0 |
TATA STEEL LTD | 4,084.55 | 52.78 | 215,589.0 |
JINDAL STAINLESS LTD | 2,624.24 | 25.05 | 65,743.3 |
STEEL AUTHORITY OF INDIA LTD | 2,581.37 | 21.82 | 56,319.7 |
APL APOLLO TUBES LTD | 801.06 | 58.09 | 46,530.4 |
MOTHERSON SUMI WIRING INDIA LTD | 600.09 | 52.15 | 31,294.8 |
SHYAM METALICS AND ENERGY LTD | 923.70 | 27.74 | 25,620.1 |
WELSPUN CORP LTD | 1,385.65 | 16.72 | 23,163.1 |
RATNAMANI METALS & TUBES LTD | 562.83 | 30.63 | 17,238.4 |
SARDA ENERGY & MINERALS LTD | 909.74 | 22.47 | 20,439.9 |
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 | 16.72x |
Max industry PE | 58.09x |
Median industry PE | 30.63x |
Average industry PE | 35.71x |
You may also like the below Video Courses