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Kanishk Steel Industries PE Ratio

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Kanishk Steel Industries Ltd

NSE: KANISHKSTEEL

PE

15.8

Last updated on: May 13, 2025

Key Highlights

  • The P/E Ratio of Kanishk Steel Industries Ltd is 15.8 as of 13 May 9.00 AM .
  • The P/E Ratio of Kanishk Steel Industries Ltd changed from 14.6 on March 2020 to 29.8 on March 2024 . This represents a CAGR of 15.34% over 5 years.
  • The Latest Trading Price of Kanishk Steel Industries Ltd is ₹ 35.7 as of 12 May 15:30 .
  • The PE Ratio of Steel Industry has changed from 10.4 to 21.6 in 5 years. This represents a CAGR of 15.74%.
  • 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 26.2. The PE Ratio of Retail industry is 139.8. The PE Ratio of Steel industry is 21.6. The PE Ratio of Textiles industry is 37.1 in 2024.

Historical P/E Ratio of Kanishk Steel Industries Ltd

No data available

Company Fundamentals for Kanishk Steel Industries Ltd

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Kanishk Steel Industries Ltd

NSE: KANISHKSTEEL

Share Price

₹ 35.7

1.10 (3.18%)

stock direction

Last updated on: May 12, 2025

Market Price of Kanishk Steel Industries Ltd

1M

1Y

3Y

5Y

Monitoring Kanishk Steel Industries 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
12 May 202535.7
09 May 202534.6
08 May 202534.8
07 May 202535.07
06 May 202535.34
05 May 202536.15
02 May 202535.8
30 Apr 202536.24
29 Apr 202537.27
28 Apr 202538.99

BlinkX Score for Kanishk Steel Industries Ltd

Asset Value vs Market Value of Kanishk Steel Industries Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/E Ratio

Company
leftMarket Capright
Kanishk Steel Industries Ltd101.53
JSW Steel Ltd245793
Tata Steel Ltd189188
Jindal Steel & Power Ltd92303
Tube Investments of India Ltd57262
Jindal Stainless Ltd50303

PE Ratio of Kanishk Steel Industries Ltd Explained

101.53

Market cap

6

Earnings

15.8X

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 Kanishk Steel Industries Ltd

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Kanishk Steel Industries Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Historical Dividend Payout of Kanishk Steel Industries Ltd

No data available

* All values are in %

About Kanishk Steel Industries Ltd

  • Kanishk Steel Industries Limited is the largest steel manufacturer in South India since 1989 having of its Furnace Unit and Rolling Mill to produce various front-line Rolled Steel products.
  • The products of the Company under the brand of 'KANISHK STEELS' continue to deserve for Quality, Price and Delivery in the Indian Steel Market.
  • The Company is presently engaged in the manufacture and supply of Iron and Steel Products. Promoted by the Gupta Bros. in 1989 as a Private Limited Company, the Company has an installed capacity of 50,000 tpa to manufacture various steel products like tors, rounds, squares and profiles and structurals like channels, joints, I-beams, etc.
  • It became a public limited company in Apr.'92 and entered the capital market in Nov.'92 to fund its expansion programme. The company has embarked on an eco-friendly process of power generation through wind mills, by installing a 6-MW wind power project and has already started generating 4 MW.

Kanishk Steel Industries Ltd News Hub

Kanishk Steel Industries standalone net profit declines 85.11% in the June 2024 quarter

Net profit of Kanishk Steel Industries declined 85.11% to Rs 0.21 crore in the quarter ended June 20

Read more

13 Aug 24

Kanishk Steel Industries to discuss results

Kanishk Steel Industries will hold a meeting of the Board of Directors of the Company on 13 August 2

Read more

06 Aug 24

Kanishk Steel Industries schedules AGM

Kanishk Steel Industries announced that the Annual General Meeting (AGM) of the company will be held

Read more

17 Sept 24

Kanishk Steel Industries AGM scheduled

Kanishk Steel Industries announced that the Annual General Meeting (AGM) of the company will be held

Read more

18 Sept 24

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 Kanishk Steel Industries Ltd

What is the current PE Ratio of Kanishk Steel Industries Ltd?

The Current PE Ratio of Kanishk Steel Industries Ltd is 15.8 as on 13 May 2025.

What is the average PE Ratio of the Steel industry?

The average industry PE Ratio of Steel is 21.6 as on 13 May 2025.

What was the PE Ratio of Kanishk Steel Industries Ltd last year?

The PE Ratio of Kanishk Steel Industries Ltd was 0.0 last year, now the PE ratio is 15.8, showing a year-on-year growth of -%.

What does the PE Ratio of Kanishk Steel Industries Ltd indicate about its stock?

The PE Ratio of Kanishk Steel Industries Ltd is 15.8. This ratio indicates that investors are willing to pay 15.8 times the earnings per share for each share of Kanishk Steel Industries Ltd.

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

The PE Ratio of Kanishk Steel Industries Ltd grew by -% whereas, the EPS ratio grew by 10466.7.

How does the PE ratio of Kanishk Steel Industries Ltd compare to industry peers?

The PE ratio of Kanishk Steel Industries Ltd PE Ratio can indicate whether it is overvalued or undervalued compared to competitors in the same industry. A lower PE ratio may suggest an undervalued stock, while a higher PE ratio could indicate premium pricing.

Is a high PE ratio for Kanishk Steel Industries Ltd PE Ratio good or bad?

A high PE ratio may indicate strong future growth expectations, but it can also suggest overvaluation. It is best to compare it with industry averages and historical trends of Kanishk Steel Industries Ltd PE Ratio.

What factors influence the PE ratio of Kanishk Steel Industries Ltd PE Ratio?

The PE ratio of Kanishk Steel Industries Ltd PE Ratio is influenced by factors such as earnings growth, investor sentiment, macroeconomic conditions, and sector trends.

How often does the PE ratio of Kanishk Steel Industries Ltd PE Ratio change?

The PE ratio changes as the share price or earnings of Kanishk Steel Industries Ltd PE Ratio fluctuate, and it is updated whenever there is a significant movement in either of these factors.

Where can I find the latest PE ratio of Kanishk Steel Industries Ltd PE Ratio?

You can check the latest PE ratio of Kanishk Steel Industries Ltd PE Ratio on BlinkX Website above or any other stock market platforms, or at the company’s official website.

What is a good PE ratio for Kanishk Steel Industries Ltd PE Ratio?

A "good" PE ratio depends on industry standards and market conditions. It is advisable to compare Kanishk Steel Industries Ltd PE ratio with its historical average and competitors.

Can the PE ratio of Kanishk Steel Industries Ltd PE Ratio predict future stock performance?

While the Kanishk Steel Industries Ltd PE ratio is a useful indicator of valuation, it should be used alongside other financial metrics and market analysis to make informed investment decisions.
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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