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Bihar Sponge Iron Ltd PE Ratio

Bihar Sponge Iron Ltd PE Ratio

stocks purchased

₹ 0.2 Cr

Volume Transacted

(Dec 13, 2024)

stocks purchased

83.8 K

Stocks Traded

(Dec 13, 2024)

Last Updated on: Dec 15, 2024

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Bihar Sponge Iron Ltd

NSE: BIHARSPONG

PE

16.6

Last updated on: Dec 15, 2024

Key Highlights

  • The P/E Ratio of Bihar Sponge Iron Ltd is 16.6 as of 15 Dec 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 ₹ 19.72 as of 13 Dec 15:30 .
  • The PE Ratio of Steel Industry has changed from 10.3 to 20.1 in 5 years. This represents a CAGR of 14.31%.
  • 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 37.6 in 2024.

Historical P/E Ratio of Bihar Sponge Iron Ltd

No data available

Company Fundamentals for Bihar Sponge Iron Ltd

No data available

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Bihar Sponge Iron Ltd

NSE: BIHARSPONG

Share Price

₹ 19.72

0.45 (2.34%)

stock direction

Last updated on: Dec 13, 2024

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
13 Dec 202419.72
12 Dec 202419.27
11 Dec 202420.22
10 Dec 202418.39
09 Dec 202418.76
06 Dec 202417.06
05 Dec 202415.59
04 Dec 202415.41
03 Dec 202414.97
02 Dec 202415.66

SWOT Analysis Of Bihar Sponge Iron Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Bihar Sponge Iron Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Bihar Sponge Iron Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/E Ratio

Company NamePEMarket Cap (INR Cr.)
Bihar Sponge Iron Ltd16177
JSW Steel Ltd472,44,839
Tata Steel Ltd571,85,942
Jindal Steel & Power Ltd201,01,876
Tube Investments of India Ltd11670,748
Jindal Stainless Ltd2562,569

Key Valuation Metric of Bihar Sponge Iron Ltd

No data available

No data available

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 of Bihar Sponge Iron Ltd

No data available

* All values are in crore

Historical EBITDA of Bihar Sponge Iron Ltd

No data available

* All values are in crore

Historical Net Profit of Bihar Sponge Iron Ltd

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 Apr.'82, Bihar Sponge Iron 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 and Lurgi, Germany. The company produces sponge iron from iron ore (inst. cap. : 1,50,000 tpa).
  • Sponge iron is a substitute for scrap which is used as a raw material in electric arc furnaces / induction furnaces.
  • It has a technical collaboration with Lurgi, Germany, for technical know-how. In Aug.'90, the company came out with a rights issue.
  • The company's net worth eroded more than 50% from the peak during the last four financial years, as a result, it was referred to BIFR and was declared sick.
  • IFCI has been appointed as the operating agency, for preparing a rehabilitation scheme.

Bihar Sponge Iron Ltd News Hub

News

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 20...

Read more

2024-08-14 00:00:00

News

Bihar Sponge Iron to declare Quarterly Result

Bihar Sponge Iron will hold a meeting of the Board of Directors of the Company on 14 Augus...

Read more

2024-08-09 00:00:00

News

Bihar Sponge Iron schedules AGM

Bihar Sponge Iron announced that the Annual General Meeting (AGM) of the company will be h...

Read more

2024-09-17 00:00:00

News

Bihar Sponge Iron schedules AGM

Bihar Sponge Iron announced that the Annual General Meeting (AGM) of the company will be h...

Read more

2024-09-18 00:00:00

Product Composition

Document

Annual Reports

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Credit Ratings

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Concalls

Data not available

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 16.57 as on 15 Dec 2024.

What is the average PE Ratio of the Steel industry?

The average industry PE Ratio of Steel is 21.6 as on 15 Dec 2024.

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 16.57, showing a year-on-year growth of 163.4%.

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

The PE Ratio of Bihar Sponge Iron Ltd is 16.57. This ratio indicates that investors are willing to pay 16.57 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 163.4% 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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