VISA STEEL
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The Current P/E Ratio of VISA STEEL is -3.06.
Share Price | ₹22.0 | Apr 22,2024 |
Market Cap | ₹254.8 Cr | |
Earnings-TTM | ₹-83.3 Cr | TTM-Consolidated Results |
Price/Earnings | -3.06x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of VISA STEEL
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹254.8 Cr] as on Apr 22,2024
(/) Earnings [ ₹-83.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -3.06x ]
Thus, for VISA STEEL , the investors are currently willing to pay -3.06 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 VISA STEEL !
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 VISA STEEL over the last five years.
Historical PE (Price/Earnings) ratio chart of VISA STEEL
PE Ratio Performance Analysis for VISA STEEL
- VISA STEEL 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.02x.
- VISA STEEL '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, VISA STEEL 's p/e ratio peaked in Mar2023 at 0.08x.
- VISA STEEL 's p/e ratio hit its five-year low in Mar2022 of 0x.
How does VISA STEEL '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 |
---|---|---|---|
VISA STEEL | -83.34 | -3.06 | 254.8 |
JSW STEEL LTD | 11,474.00 | 19.30 | 221,436.0 |
TATA STEEL LTD | -3,899.20 | -53.66 | 209,223.0 |
JINDAL STAINLESS LTD | 2,816.41 | 21.31 | 60,024.3 |
STEEL AUTHORITY OF INDIA LTD | 2,533.01 | 26.89 | 68,112.4 |
APL APOLLO TUBES LTD | 763.82 | 56.28 | 42,991.3 |
MOTHERSON SUMI WIRING INDIA LTD | 585.34 | 52.96 | 31,000.8 |
RATNAMANI METALS & TUBES LTD | 624.56 | 33.62 | 20,995.0 |
SHYAM METALICS AND ENERGY LTD | 1,101.73 | 16.31 | 17,971.9 |
WELSPUN CORP LTD | 894.16 | 16.87 | 15,086.4 |
JINDAL SAW LTD | 1,406.60 | 12.45 | 17,506.5 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs VISA STEEL 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -53.66x |
Max industry PE | 56.28x |
Median industry PE | 19.30x |
Average industry PE | 18.12x |
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