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Bihar Sponge Iron Ltd PE Ratio

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Bihar Sponge Iron Ltd

NSE: BIHARSPONG

PE

12.6

Last updated on: Jan 15, 2025

Key Highlights

  • The P/E Ratio of Bihar Sponge Iron Ltd is 12.6 as of 15 Jan 15:30 PM .
  • The P/E Ratio of Bihar Sponge Iron Ltd changed from 4.8 on March 2021 to 16.4 on March 2024 . This represents a CAGR of 35.96% over 4 years.
  • The Latest Trading Price of Bihar Sponge Iron Ltd is ₹ 15.69 as of 15 Jan 16:01 .
  • The PE Ratio of Steel Industry has changed from 12.1 to 21.6 in 5 years. This represents a CAGR of 12.29%.
  • The PE Ratio of Automobile industry is 20.3. The PE Ratio of Finance industry is 17.8. The PE Ratio of IT - Software industry is 30.4. The PE Ratio of Retail industry is 157.6. The PE Ratio of Steel industry is 21.6. The PE Ratio of Textiles industry is 36.9 in 2024.

Historical P/E Ratio of Bihar Sponge Iron Ltd

No data available

Company Fundamentals for Bihar Sponge Iron Ltd

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Bihar Sponge Iron Ltd

NSE: BIHARSPONG

Share Price

₹ 15.69

0.72 (4.81%)

stock direction

Last updated on: Jan 15, 2025

Market Price of Bihar Sponge Iron Ltd

1M

1Y

3Y

5Y

Monitoring Bihar Sponge Iron Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
14 Jan 202514.97
13 Jan 202515.09
10 Jan 202515.88
09 Jan 202516.47
08 Jan 202516.32
07 Jan 202516.38
06 Jan 202516.29
03 Jan 202517.12
02 Jan 202517.29
01 Jan 202517.06

SWOT Analysis Of Bihar Sponge Iron Ltd

Strength

1

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Bihar Sponge Iron Ltd

Asset Value vs Market Value of Bihar Sponge Iron Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/E Ratio

Company
leftMarket Capright
Bihar Sponge Iron Ltd135.04
JSW Steel Ltd221521
Tata Steel Ltd158541
Jindal Steel & Power Ltd92823
Tube Investments of India Ltd64327

PE Ratio of Bihar Sponge Iron Ltd Explained

``

135.04

Market cap

10

Earnings

12.6X

PE Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Steel Industry over time

PE Ratio of Top Sectors

Historical Market Cap of Bihar Sponge Iron Ltd

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Bihar Sponge Iron Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Historical Dividend Payout of Bihar Sponge Iron Ltd

No data available

* All values are in %

About Bihar Sponge Iron Ltd

  • Incorporated at Patna, Bihar, on 16 April, 1982, Bihar Sponge Iron Limited is an Indo-German venture, promoted in the joint sector by Modi Industries, Modi Rubber and their associates, along with the Bihar State Industrial Development Corporation Ltd. (BSIDC) and Lurgi, Germany.
  • It is the first merchant sponge iron plant in India.
  • The plant is located in Saraikela Kharsawan, Jharkhand. The company produces sponge iron from iron ore (inst. cap. : 1,50,000 tpa).
  • Sponge iron is used as a raw material for making steel in electric arc furnaces and induction furnaces, substituting and supplementing indigenous and imported scrap..
  • It has a technical collaboration with Lurgi, Germany, for technical know-how. The Plant started commercial operations in 1989.

Bihar Sponge Iron Ltd News Hub

Bihar Sponge Iron standalone net profit rises 442.65% in the June 2024 quarter

Net profit of Bihar Sponge Iron rose 442.65% to Rs 3.69 crore in the quarter ended June 2024 as agai

Read more

2024-08-14 00:00:00

Bihar Sponge Iron to declare Quarterly Result

Bihar Sponge Iron will hold a meeting of the Board of Directors of the Company on 14 August 2024. Po

Read more

2024-08-09 00:00:00

Bihar Sponge Iron schedules AGM

Bihar Sponge Iron announced that the Annual General Meeting (AGM) of the company will be held on 28

Read more

2024-09-17 00:00:00

Bihar Sponge Iron schedules AGM

Bihar Sponge Iron announced that the Annual General Meeting (AGM) of the company will be held on 28

Read more

2024-09-18 00:00:00

Product Composition by Percentage (Revenue)

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Annual Reports

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Credit Ratings

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Concalls

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FAQs for PE of Bihar Sponge Iron Ltd

What is the current PE Ratio of Bihar Sponge Iron Ltd?

The Current PE Ratio of Bihar Sponge Iron Ltd is 12.58 as on 15 Jan 2025.

What is the average PE Ratio of the Steel industry?

The average industry PE Ratio of Steel is 21.6 as on 15 Jan 2025.

What was the PE Ratio of Bihar Sponge Iron Ltd last year?

The PE Ratio of Bihar Sponge Iron Ltd was 6.29 last year, now the PE ratio is 12.58, showing a year-on-year growth of 100.0%.

What does the PE Ratio of Bihar Sponge Iron Ltd indicate about its stock?

The PE Ratio of Bihar Sponge Iron Ltd is 12.58. This ratio indicates that investors are willing to pay 12.58 times the earnings per share for each share of Bihar Sponge Iron Ltd.

What is the PE Ratio Growth of Bihar Sponge Iron Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Bihar Sponge Iron Ltd grew by 100.0% whereas, the EPS ratio grew by -61.0.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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