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Tamilnadu Steel Tubes Ltd PE Ratio

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Tamilnadu Steel Tubes Ltd

NSE: TNSTEELTUBES

PE

29.9

Last updated on: Feb 05, 2025

Key Highlights

  • The P/E Ratio of Tamilnadu Steel Tubes Ltd is 29.9 as of 05 Feb 12:16 PM .
  • The P/E Ratio of Tamilnadu Steel Tubes Ltd changed from 9.2 on March 2022 to 26.2 on March 2024 . This represents a CAGR of 41.74% over 3 years.
  • The Latest Trading Price of Tamilnadu Steel Tubes Ltd is ₹ 20 as of 29 Jan 15:30 .
  • 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 30.3. 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 Tamilnadu Steel Tubes Ltd

No data available

Company Fundamentals for Tamilnadu Steel Tubes Ltd

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Tamilnadu Steel Tubes Ltd

NSE: TNSTEELTUBES

Share Price

₹ 20

-1.01 (-4.81%)

stock direction

Last updated on: Jan 29, 2025

Market Price of Tamilnadu Steel Tubes Ltd

1M

1Y

3Y

5Y

Monitoring Tamilnadu Steel Tubes 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 Jan 202520
27 Jan 202521.01
22 Jan 202521.55
19 Dec 202421.55
18 Dec 202420.53
17 Dec 202419.56
13 Dec 202418.63
09 Dec 202417.75
06 Dec 202418.65
02 Dec 202419.62

SWOT Analysis Of Tamilnadu Steel Tubes Ltd

Strength

1

che

Weakness

0

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Tamilnadu Steel Tubes Ltd

Asset Value vs Market Value of Tamilnadu Steel Tubes Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/E Ratio

Company
leftMarket Capright
Tamilnadu Steel Tubes Ltd10.25
JSW Steel Ltd230900
Tata Steel Ltd166530
Jindal Steel & Power Ltd81806
Tube Investments of India Ltd59809
Jindal Stainless Ltd51321

PE Ratio of Tamilnadu Steel Tubes Ltd Explained

10.25

Market cap

0

Earnings

29.9X

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 Tamilnadu Steel Tubes Ltd

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Tamilnadu Steel Tubes Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Historical Dividend Payout of Tamilnadu Steel Tubes Ltd

No data available

* All values are in %

About Tamilnadu Steel Tubes Ltd

  • Incorporated on July 13, 1979 as a Private Limited Company, Tamil Nadu Steel Tubes Limited (TNT) became a deemed public limited company on 1 April, 1982 and was converted into a Public Limited Company on 15 October, 1986.
  • The company was promoted under the leadership of Indersain Goyal to manufacture and deal in pipes and tubes such as electric resistance welded black pipes, galvanised pipes, precision pipes, scrap zinc, and metal, etc.
  • The Company is the pioneer in the products mentioned and also one of the India's leading and fastest growing steel tubes company. The capacity of pipes and tubes were increased from 25000 TPA to 35000 TPA for this the company went into maiden public issue to extent of Rs.248 lacs in 1994. In 1995, the company expanded the activities towards manufacturing of other standard pipes.

Tamilnadu Steel Tubes Ltd News Hub

Tamilnadu Steel Tubes standalone net profit rises 150.00% in the June 2024 quarter

Net profit of Tamilnadu Steel Tubes rose 150.00% to Rs 0.10 crore in the quarter ended June 2024 as

Read more

16 Aug 24

Tamil Nadu Steel Tubes to discuss results

Tamil Nadu Steel Tubes will hold a meeting of the Board of Directors of the Company on 14 August 202

Read more

07 Aug 24

Tamil Nadu Steel Tubes to convene AGM

Tamil Nadu Steel Tubes announced that the 45th Annual General Meeting (AGM) of the company will be h

Read more

24 Aug 24

Tamil Nadu Steel Tubes to convene board meeting

Tamil Nadu Steel Tubes will hold a meeting of the Board of Directors of the Company on 14 November 2

Read more

07 Nov 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 Tamilnadu Steel Tubes Ltd

What is the current PE Ratio of Tamilnadu Steel Tubes Ltd?

The Current PE Ratio of Tamilnadu Steel Tubes Ltd is 29.85 as on 5 Feb 2025.

What is the average PE Ratio of the Steel industry?

The average industry PE Ratio of Steel is 21.6 as on 5 Feb 2025.

What was the PE Ratio of Tamilnadu Steel Tubes Ltd last year?

The PE Ratio of Tamilnadu Steel Tubes Ltd was 9.68 last year, now the PE ratio is 29.85, showing a year-on-year growth of 208.4%.

What does the PE Ratio of Tamilnadu Steel Tubes Ltd indicate about its stock?

The PE Ratio of Tamilnadu Steel Tubes Ltd is 29.85. This ratio indicates that investors are willing to pay 29.85 times the earnings per share for each share of Tamilnadu Steel Tubes Ltd.

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

The PE Ratio of Tamilnadu Steel Tubes Ltd grew by 208.4% whereas, the EPS ratio grew by -68.4.
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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