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VISA STEEL
PE (Price/Earnings) Ratio

The Current P/E Ratio of VISA STEEL is -2.83.

Share Price ₹20.4May 21,2024
Market Cap ₹236.2 Cr
Earnings-TTM₹-83.3 CrTTM-Consolidated Results
Price/Earnings-2.83xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of VISA STEEL

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of VISA STEEL is calculated as :

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 ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

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 latest p/e ratio is -2.83x.

- 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 RatioMarket Cap
VISA STEEL -83.34-2.83236.2
JSW STEEL LTD9,145.0024.31222,304.0
TATA STEEL LTD-3,899.20-55.96218,211.0
JINDAL STAINLESS LTD2,640.3521.9657,994.5
STEEL AUTHORITY OF INDIA LTD2,628.0626.6369,991.8
APL APOLLO TUBES LTD732.4464.1847,008.5
MOTHERSON SUMI WIRING INDIA LTD638.3147.1530,098.9
RATNAMANI METALS & TUBES LTD625.1037.0923,186.8
SHYAM METALICS AND ENERGY LTD1,062.7916.8217,879.8
WELSPUN CORP LTD894.1617.6915,817.8
JINDAL SAW LTD1,591.8910.8917,330.7

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs VISA STEEL 's P/E Ratio

Top 10 Industry PeersPE 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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