VENUS PIPES & TUBES
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The Current P/E Ratio of VENUS PIPES & TUBES is 21.39.
| Share Price | ₹1,035.3 | Feb 20,2026 |
| Market Cap | ₹2,143.0 Cr | |
| Earnings-TTM | ₹100.2 Cr | TTM-Standalone Results |
| Price/Earnings | 21.39x | 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 [ ₹2,143.0 Cr] as on Feb 20,2026
(/) Earnings [ ₹100.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 21.39x ]
Thus, for VENUS PIPES & TUBES , the investors are currently willing to pay 21.39 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 | 100.17 | 21.39 | 2,143.0 |
| JSW STEEL LTD | 8,314.00 | 36.37 | 302,344.0 |
| TATA STEEL LTD | 8,810.47 | 29.51 | 259,968.0 |
| JINDAL STAINLESS LTD | 2,990.49 | 20.86 | 62,379.7 |
| STEEL AUTHORITY OF INDIA LTD | 2,449.84 | 26.77 | 65,592.7 |
| APL APOLLO TUBES LTD | 1,141.86 | 53.16 | 60,698.2 |
| MOTHERSON SUMI WIRING INDIA LTD | 622.81 | 45.71 | 28,469.7 |
| SHYAM METALICS AND ENERGY LTD | 968.68 | 24.54 | 23,769.5 |
| WELSPUN CORP LTD | 1,661.27 | 12.43 | 20,657.4 |
| RATNAMANI METALS & TUBES LTD | 621.72 | 28.24 | 17,555.9 |
| SARDA ENERGY & MINERALS LTD | 1,016.68 | 17.77 | 18,066.6 |
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 | 12.43x |
| Max industry PE | 53.16x |
| Median industry PE | 26.77x |
| Average industry PE | 28.80x |
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