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Scan Steels PE Ratio

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Scan Steels Ltd

NSE: SCANSTEELS

PE

7.8

Last updated on: Apr 30, 2025

Key Highlights

  • The P/E Ratio of Scan Steels Ltd is 7.8 as of 30 Apr 12:39 PM .
  • The P/E Ratio of Scan Steels Ltd changed from 9.4 on March 2023 to 15.5 on March 2024 . This represents a CAGR of 28.41% over 2 years.
  • The Latest Trading Price of Scan Steels Ltd is ₹ 37.71 as of 30 Apr 11:57 .
  • 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 26.1. The PE Ratio of Retail industry is 159.2. 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 Scan Steels Ltd

No data available

Company Fundamentals for Scan Steels Ltd

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Scan Steels Ltd

NSE: SCANSTEELS

Share Price

₹ 37.71

-0.13 (-0.34%)

stock direction

Last updated on: Apr 30, 2025

Market Price of Scan Steels Ltd

1M

1Y

3Y

5Y

Monitoring Scan Steels 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
29 Apr 202537.84
28 Apr 202537.74
25 Apr 202537.14
24 Apr 202538
23 Apr 202538.06
22 Apr 202538.49
21 Apr 202537.07
17 Apr 202537.59
16 Apr 202537.7
15 Apr 202537.44

SWOT Analysis Of Scan Steels Ltd

Strength

1

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Scan Steels Ltd

Asset Value vs Market Value of Scan Steels Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/E Ratio

Company
leftMarket Capright
Scan Steels Ltd221.75
JSW Steel Ltd253594
Tata Steel Ltd176579
Jindal Steel & Power Ltd91298
Tube Investments of India Ltd54137
Steel Authority of India Ltd47625

PE Ratio of Scan Steels Ltd Explained

221.75

Market cap

28

Earnings

7.8X

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 Scan Steels Ltd

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Scan Steels Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Historical Dividend Payout of Scan Steels Ltd

No data available

* All values are in %

About Scan Steels Ltd

  • Scan Steels Limited was formerly incorporated as Mittal Securities Private Limited on January 18, 1994 as a Private Limited Company.
  • The Company was converted in the Public Limited Company on 18th October 1994 and the name was changed to Mittal Securities Finance Limited.
  • Mittal Securities Finance Limited then was changed to Clarus Finance & Securities Limited on November 7, 2007; further the name of the Company was changed from Clarus Finance & Securities Limited to Clarus Infrastructure Realties Limited on March 31, 2010 and again was changed from Clarus Infrastructure Realties Limited to Scan Steels Limited effective from 26 September, 2014. The Company has its listings on the BSE Limited in India.
  • It is engaged in steel manufacturing business such as TMT Re-Bars, Sponge Iron, MS Billets/ Ingots and also generating power for captive consumption.

Scan Steels Ltd News Hub

Scan Steels schedules board meeting

Scan Steels will hold a meeting of the Board of Directors of the Company on 24 August 2024. Powered

Read more

19 Aug 24

Scan Steels consolidated net profit rises 209.77% in the June 2024 quarter

Net profit of Scan Steels rose 209.77% to Rs 14.59 crore in the quarter ended June 2024 as against R

Read more

01 Aug 24

Scan Steels to hold AGM

Scan Steels announced that the Annual General Meeting (AGM) of the company will be held on 27 Septem

Read more

27 Aug 24

Scan Steels to announce Quarterly Result

Scan Steels will hold a meeting of the Board of Directors of the Company on 5 November 2024. Powered

Read more

25 Oct 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 Scan Steels Ltd

What is the current PE Ratio of Scan Steels Ltd?

The Current PE Ratio of Scan Steels Ltd is 7.82 as on 30 Apr 2025.

What is the average PE Ratio of the Steel industry?

The average industry PE Ratio of Steel is 21.6 as on 30 Apr 2025.

What was the PE Ratio of Scan Steels Ltd last year?

The PE Ratio of Scan Steels Ltd was 9.45 last year, now the PE ratio is 7.82, showing a year-on-year growth of -17.2%.

What does the PE Ratio of Scan Steels Ltd indicate about its stock?

The PE Ratio of Scan Steels Ltd is 7.82. This ratio indicates that investors are willing to pay 7.82 times the earnings per share for each share of Scan Steels Ltd.

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

The PE Ratio of Scan Steels Ltd grew by -17.2% whereas, the EPS ratio grew by -252.9.

How does the PE ratio of Scan Steels Ltd compare to industry peers?

The PE ratio of Scan Steels 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 Scan Steels 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 Scan Steels Ltd PE Ratio.

What factors influence the PE ratio of Scan Steels Ltd PE Ratio?

The PE ratio of Scan Steels 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 Scan Steels Ltd PE Ratio change?

The PE ratio changes as the share price or earnings of Scan Steels 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 Scan Steels Ltd PE Ratio?

You can check the latest PE ratio of Scan Steels 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 Scan Steels Ltd PE Ratio?

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

Can the PE ratio of Scan Steels Ltd PE Ratio predict future stock performance?

While the Scan Steels 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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