VISA STEEL
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The Current P/E Ratio of VISA STEEL is -2.83.
Share Price | ₹20.4 | May 21,2024 |
Market Cap | ₹236.2 Cr | |
Earnings-TTM | ₹-83.3 Cr | TTM-Consolidated Results |
Price/Earnings | -2.83x | 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 [ ₹236.2 Cr] as on May 21,2024
(/) Earnings [ ₹-83.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -2.83x ]
Thus, for VISA STEEL , the investors are currently willing to pay -2.83 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 | -2.83 | 236.2 |
JSW STEEL LTD | 9,145.00 | 24.31 | 222,304.0 |
TATA STEEL LTD | -3,899.20 | -55.96 | 218,211.0 |
JINDAL STAINLESS LTD | 2,640.35 | 21.96 | 57,994.5 |
STEEL AUTHORITY OF INDIA LTD | 2,628.06 | 26.63 | 69,991.8 |
APL APOLLO TUBES LTD | 732.44 | 64.18 | 47,008.5 |
MOTHERSON SUMI WIRING INDIA LTD | 638.31 | 47.15 | 30,098.9 |
RATNAMANI METALS & TUBES LTD | 625.10 | 37.09 | 23,186.8 |
SHYAM METALICS AND ENERGY LTD | 1,062.79 | 16.82 | 17,879.8 |
WELSPUN CORP LTD | 894.16 | 17.69 | 15,817.8 |
JINDAL SAW LTD | 1,591.89 | 10.89 | 17,330.7 |
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 | -55.96x |
Max industry PE | 64.18x |
Median industry PE | 21.96x |
Average industry PE | 18.90x |
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