Home

Venus Pipes & Tubes Ltd PE Ratio

Image

Venus Pipes & Tubes Ltd

NSE: VENUSPIPES

PE

29.4

Last updated on: Jan 15, 2025

Key Highlights

  • The P/E Ratio of Venus Pipes & Tubes Ltd is 29.4 as of 15 Jan 13:22 PM .
  • The P/E Ratio of Venus Pipes & Tubes Ltd changed from 34.4 on March 2023 to 44.5 on March 2024 . This represents a CAGR of 13.74% over 2 years.
  • The Latest Trading Price of Venus Pipes & Tubes Ltd is ₹ 1454 as of 15 Jan 12:59 .
  • 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 Venus Pipes & Tubes Ltd

No data available

Company Fundamentals for Venus Pipes & Tubes Ltd

Image

Venus Pipes & Tubes Ltd

NSE: VENUSPIPES

Share Price

₹ 1454.35

19.30 (1.34%)

stock direction

Last updated on: Jan 15, 2025

Market Price of Venus Pipes & Tubes Ltd

1M

1Y

3Y

5Y

Monitoring Venus Pipes & 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
14 Jan 20251435.05
13 Jan 20251434.4
10 Jan 20251516.85
09 Jan 20251566.05
08 Jan 20251551.35
07 Jan 20251589.65
06 Jan 20251551.7
03 Jan 20251599.95
02 Jan 20251563.85
01 Jan 20251575.2

SWOT Analysis Of Venus Pipes & Tubes Ltd

Strength

1

che

Weakness

0

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Venus Pipes & Tubes Ltd

Asset Value vs Market Value of Venus Pipes & Tubes Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/E Ratio

Company
leftMarket Capright
Venus Pipes & Tubes Ltd2922
JSW Steel Ltd221521
Tata Steel Ltd158541
Jindal Steel & Power Ltd92823
Tube Investments of India Ltd64327

PE Ratio of Venus Pipes & Tubes Ltd Explained

``

2922

Market cap

99

Earnings

29.4X

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 Venus Pipes & Tubes Ltd

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Venus Pipes & Tubes Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Historical Dividend Payout of Venus Pipes & Tubes Ltd

No data available

* All values are in %

About Venus Pipes & Tubes Ltd

  • Venus Pipes & Tubes Private Limited was incorporated as a Private Company on February 17, 2015.
  • Thereafter, Company converted into a Public Limited and name of the Company was changed to Venus Pipes & Tubes Limited on September 16, 2021. The Company operates as a manufacturer and exporter of stainless steel (SS) welded and seamless pipes.
  • The Company headquartered in Gandhidham, Gujarat, possesses a stainless-steel pipe manufacturing plant located in the Kutch region of Dhaneti.
  • With an annual production capacity of approximately 38,400 metric tonnes (MT), the plant is at a distance of approximately 50-70 kms from the Mundra and Kandla Ports. Venus operates in two product verticals, namely seamless stainless-steel pipes and tubes, and welded stainless-steel pipes and tubes.
  • These products find application across various sectors, including chemicals, engineering, fertilisers, pharmaceuticals, power generation, food processing, paper, oil & gas, defence, and aerospace, among others.

Venus Pipes & Tubes Ltd News Hub

Venus Pipes & Tubes to conduct AGM

Venus Pipes & Tubes announced that the Annual General Meeting (AGM) of the company will be held on 2

Read more

2024-09-05 00:00:00

Venus Pipes & Tubes standalone net profit rises 16.78% in the September 2024 quarter

Net profit of Venus Pipes & Tubes rose 16.78% to Rs 23.66 crore in the quarter ended September 2024

Read more

2024-11-14 00:00:00

Venus Pipes & Tubes to declare Quarterly Result

Venus Pipes & Tubes will hold a meeting of the Board of Directors of the Company on 13 November 2024

Read more

2024-11-09 00:00:00

Board of Venus Pipes & Tubes recommends interim dividend

Venus Pipes & Tubes announced that the Board of Directors of the Company at its meeting held on 13 N

Read more

2024-11-13 00:00:00

Product Composition by Percentage (Revenue)

Document

Annual Reports

N/A

dropdown
download

Credit Ratings

N/A

dropdown
download

Concalls

Data not available

FAQs for PE of Venus Pipes & Tubes Ltd

What is the current PE Ratio of Venus Pipes & Tubes Ltd?

The Current PE Ratio of Venus Pipes & Tubes Ltd is 29.36 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 Venus Pipes & Tubes Ltd last year?

The PE Ratio of Venus Pipes & Tubes Ltd was 34.37 last year, now the PE ratio is 29.36, showing a year-on-year growth of -14.6%.

What does the PE Ratio of Venus Pipes & Tubes Ltd indicate about its stock?

The PE Ratio of Venus Pipes & Tubes Ltd is 29.36. This ratio indicates that investors are willing to pay 29.36 times the earnings per share for each share of Venus Pipes & Tubes Ltd.

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

The PE Ratio of Venus Pipes & Tubes Ltd grew by -14.6% whereas, the EPS ratio grew by -14.4.
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.
Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions
Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions

Join the

Future of Trading

with BlinkX

#ItsATraderThing

Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions