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Garg Furnace Ltd PE Ratio

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Garg Furnace Ltd

NSE: GARGFURNACE

PE

19.1

Last updated on: Jan 15, 2025

Key Highlights

  • The P/E Ratio of Garg Furnace Ltd is 19.1 as of 15 Jan 15:30 PM .
  • The P/E Ratio of Garg Furnace Ltd changed from 1.5 on March 2020 to 29.1 on March 2024 . This represents a CAGR of 80.95% over 5 years.
  • The Latest Trading Price of Garg Furnace Ltd is ₹ 251 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 Garg Furnace Ltd

No data available

Company Fundamentals for Garg Furnace Ltd

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Garg Furnace Ltd

NSE: GARGFURNACE

Share Price

₹ 251

9.90 (4.11%)

stock direction

Last updated on: Jan 15, 2025

Market Price of Garg Furnace Ltd

1M

1Y

3Y

5Y

Monitoring Garg Furnace 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 2025241.1
13 Jan 2025239.85
10 Jan 2025252
09 Jan 2025264.3
08 Jan 2025273.15
07 Jan 2025279.35
06 Jan 2025276.25
03 Jan 2025292.85
02 Jan 2025289.2
01 Jan 2025270

SWOT Analysis Of Garg Furnace Ltd

Strength

1

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Garg Furnace Ltd

Asset Value vs Market Value of Garg Furnace Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/E Ratio

Company
leftMarket Capright
Garg Furnace Ltd130.4
JSW Steel Ltd221521
Tata Steel Ltd158541
Jindal Steel & Power Ltd92823
Tube Investments of India Ltd64327

PE Ratio of Garg Furnace Ltd Explained

``

130.4

Market cap

6

Earnings

19.1X

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 Garg Furnace Ltd

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Garg Furnace Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Historical Dividend Payout of Garg Furnace Ltd

No data available

* All values are in %

About Garg Furnace Ltd

  • Incorporated in Dec.'73 as a private limited company, Garg Furnace Ltd was converted into a public limited company in Feb.'76.
  • Promoted by Dharam Pal Garg and Jagdish Chand Garg, the Company manufacture and deal into Iron and Steel products such as M.S. Round, Ingot, Wire Rod etc.
  • Its manufacturing plants are situated at Ludhiana, in Punjab. The company commenced operations in 1974 with a 1-tonne capacity arc furnace to manufacture steel casting.
  • In 1981, the arc furnace was scrapped, as its technology was not so successful and during the same year, it installed a 0.5-metric tonne capacity induction melting furnace.
  • In 1988, it added a rolling mill for the manufacture of MS hot rolled rounds.

Garg Furnace Ltd News Hub

Garg Furnace to convene AGM

Garg Furnace announced that the 51st Annual General Meeting (AGM) of the company will be held on 30

Read more

2024-09-12 00:00:00

Garg Furnace announces board meeting date

Garg Furnace will hold a meeting of the Board of Directors of the Company on 7 September 2024. Power

Read more

2024-09-02 00:00:00

Garg Furnace schedules board meeting

Garg Furnace will hold a meeting of the Board of Directors of the Company on 14 November 2024 Powere

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2024-11-08 00:00:00

Garg Furnace standalone net profit rises 45.10% in the September 2024 quarter

Net profit of Garg Furnace rose 45.10% to Rs 0.74 crore in the quarter ended September 2024 as again

Read more

2024-11-15 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

Data not available

FAQs for PE of Garg Furnace Ltd

What is the current PE Ratio of Garg Furnace Ltd?

The Current PE Ratio of Garg Furnace Ltd is 19.09 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 Garg Furnace Ltd last year?

The PE Ratio of Garg Furnace Ltd was 2.76 last year, now the PE ratio is 19.09, showing a year-on-year growth of 591.7%.

What does the PE Ratio of Garg Furnace Ltd indicate about its stock?

The PE Ratio of Garg Furnace Ltd is 19.09. This ratio indicates that investors are willing to pay 19.09 times the earnings per share for each share of Garg Furnace Ltd.

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

The PE Ratio of Garg Furnace Ltd grew by 591.7% whereas, the EPS ratio grew by -52.8.
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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