METALIron & Steel Products
Mirae Asset Nifty Metal ETF — PE Ratio & Valuation Analysis
₹11.40
-1.23%
Current P/E24.69xPrice to earnings
Industry P/E22.05xSector average
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12.0% Premium to Industry
METAL P/E 24.69x vs sector avg 22.05x
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Understanding Mirae Asset Nifty Metal ETF Valuation
Mirae Asset Nifty Metal ETF (METAL) currently trades at 24.69x earnings. The Iron & Steel Products sector average PE is 22.05x. METAL commands a premium, reflecting high growth expectations. Always evaluate PE alongside earnings growth (PEG ratio), return on equity, debt levels and business quality. A lower PE isn't always better. Educational data only — not investment advice.
ROE
5.79%
Dividend Yield
1.41%
More on Mirae Asset Nifty Metal ETF
Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.