RIDDHIIron & Steel Products
Riddhi Steel and Tube Ltd — PE Ratio & Valuation Analysis
₹412.60
-5.91%
Current P/E14.17xPrice to earnings
Industry P/E22.05xSector average
4Y Avg P/E10.4x36.2% above avg
✅
35.7% Discount to Industry
RIDDHI P/E 14.17x vs sector avg 22.05x
📊
Historical PE Ratio
| Year | EPS (₹) | Year-end Price | PE Ratio |
|---|---|---|---|
| 2024 | ₹61.53 | ₹639 | 10.4x |
PE = Year-end closing price ÷ Diluted EPS. Source: NSE/BSE filings.
💡
Understanding Riddhi Steel and Tube Ltd Valuation
Riddhi Steel and Tube Ltd (RIDDHI) currently trades at 14.17x earnings. The Iron & Steel Products sector average PE is 22.05x. RIDDHI is trading at a discount to peers — may indicate relative value. Historically, RIDDHI has traded at an average PE of 10.4x — it is currently above that level. 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
12.72%
Dividend Yield
0.00%
More on Riddhi Steel and Tube Ltd
Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.