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WELSPUN SPECIALTY SOLUTIONS
PE (Price/Earnings) Ratio

The Current P/E Ratio of WELSPUN SPECIALTY SOLUTIONS is 67.80.

Share Price ₹39.0Apr 26,2024
Market Cap ₹2,067.9 Cr
Earnings-TTM₹30.5 CrTTM-Standalone Results
Price/Earnings67.80xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of WELSPUN SPECIALTY SOLUTIONS

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 WELSPUN SPECIALTY SOLUTIONS is calculated as :

Current Market Cap [ ₹2,067.9 Cr] as on Apr 26,2024

(/) Earnings [ ₹30.5 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 67.80x ]

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

Thus, for WELSPUN SPECIALTY SOLUTIONS , the investors are currently willing to pay 67.80 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 WELSPUN SPECIALTY SOLUTIONS !

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 WELSPUN SPECIALTY SOLUTIONS over the last five years.

Historical PE (Price/Earnings) ratio chart of WELSPUN SPECIALTY SOLUTIONS


PE Ratio Performance Analysis for WELSPUN SPECIALTY SOLUTIONS

- WELSPUN SPECIALTY SOLUTIONS 's latest p/e ratio is 67.80x.

- WELSPUN SPECIALTY SOLUTIONS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.43x.

- WELSPUN SPECIALTY SOLUTIONS '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, WELSPUN SPECIALTY SOLUTIONS 's p/e ratio peaked in Mar2021 at 7.13x.

- WELSPUN SPECIALTY SOLUTIONS 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does WELSPUN SPECIALTY SOLUTIONS '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
WELSPUN SPECIALTY SOLUTIONS 30.5067.802,067.9
JSW STEEL LTD11,474.0018.90216,814.0
TATA STEEL LTD-3,899.20-53.10207,038.0
JINDAL STAINLESS LTD2,816.4120.5057,722.8
STEEL AUTHORITY OF INDIA LTD2,533.0127.4869,599.4
APL APOLLO TUBES LTD763.8256.3643,046.8
MOTHERSON SUMI WIRING INDIA LTD585.3452.5630,766.5
RATNAMANI METALS & TUBES LTD624.5633.8121,119.1
SHYAM METALICS AND ENERGY LTD1,101.7316.2217,874.2
WELSPUN CORP LTD894.1616.7214,950.3
JINDAL SAW LTD1,406.6012.7117,874.3

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs WELSPUN SPECIALTY SOLUTIONS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -53.10x
Max industry PE 67.80x
Median industry PE 20.50x
Average industry PE 24.54x



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