Prakash Industries Limited operates as an integrated steel and power company in India. The company produces sponge iron; steel billets and blooms; ferro alloys; wire rods and HB wire products for use in binding wires, GL wires, fencing barbed wires, armored sealed wires for heavy electrical cables, nut bolts, nails, screws, alpine products, wire ropes, wire mesh products, etc.; and TMT bars for construction and infrastructure projects. It also engages in the generation of wind power with an installed capacity of 25 MW. The company was incorporated in 1980 and is based in New Delhi, India.
P/E ratio for Prakash Industries Limited (PRAKASH.NS)
P/E ratio as of 2023: 8.83
According to Prakash Industries Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.83. At the end of 2022 the company had a P/E ratio of 4.79.
P/E ratio history for Prakash Industries Limited from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 8.83 |
| 2022 | 4.79 |
| 2021 | 8.07 |
| 2020 | 13.36 |
| 2019 | 2.80 |
| 2018 | 2.82 |
| 2017 | 6.69 |
| 2016 | 11.21 |
| 2015 | 16.99 |
| 2014 | 44.18 |
| 2013 | 3.07 |
| 2012 | 2.68 |
| 2011 | 2.01 |
| 2010 | 3.58 |
| 2009 | 84.63 |
| 2008 | 22.57 |
| 2007 | 12.45 |