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Bihar Sponge Iron (BOM:500058) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Bihar Sponge Iron Forward PE Ratio Related Terms
Bihar Sponge Iron Forward PE Ratio Historical Data
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The historical data trend for Bihar Sponge Iron's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bihar Sponge Iron Forward PE Ratio Chart
Bihar Sponge Iron Annual Data
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Forward PE Ratio
Bihar Sponge Iron Quarterly Data
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BOM:500058 vs NUE, STLD, RS: Forward PE Ratio Comparison
For the Steel subindustry, Bihar Sponge Iron's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bihar Sponge Iron Forward PE Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Bihar Sponge Iron's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Bihar Sponge Iron's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Bihar Sponge Iron (BOM:500058) has a Forward PE Ratio of 0.00 as of Aug. 22, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Bihar Sponge Iron and its competitors. According to the industry distribution chart, Bihar Sponge Iron ranks #999999 out of 178 companies in the Steel industry.
Is Bihar Sponge Iron's Forward PE Ratio too high?
Bihar Sponge Iron's current Forward PE Ratio is 0.00. Based on the distribution chart, Bihar Sponge Iron ranks #999999 out of 178 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Bihar Sponge Iron has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bihar Sponge Iron's Forward PE Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Bihar Sponge Iron ranks #999999 out of 178 companies for Forward PE Ratio. This places Bihar Sponge Iron in the lower half of its industry. The industry median Forward PE Ratio is 13.82. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Steel company?
The median Forward PE Ratio among Steel companies is 13.82, based on 178 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Bihar Sponge Iron and its competitors. For the Steel industry, the median Forward PE Ratio is 13.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bihar Sponge Iron's current Forward PE Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bihar Sponge Iron stock overvalued right now?
Based on GuruFocus' analysis, Bihar Sponge Iron (BOM:500058) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹10.17, compared to a current price of ₹12.17 — trading 19.7% above its estimated fair value. The current Forward PE Ratio is 0.00. Bihar Sponge Iron's overall GF Score™ is 54/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Bihar Sponge Iron (BOM:500058), the current Forward PE Ratio is 0.00 as of Aug. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bihar Sponge Iron (BOM:500058) Overvalued in 2026?
Based on GuruFocus' analysis, Bihar Sponge Iron stock appears to be overvalued.
The current stock price of ₹12.17 is trading 19.7% above its estimated GF Value™ of ₹10.17.
GuruFocus considers Bihar Sponge Iron to be Modestly Overvalued.
Key valuation signals for BOM:500058:
Forward PE Ratio: 0.00
GF Value™: ₹10.17 vs. price of ₹12.17 (19.7% above fair value)
No single metric tells the full story. See the BOM:500058 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bihar Sponge Iron Ltd is India's first merchant sponge iron plant located in Jharkhand. It produces Direct Reduced Iron, commonly known as sponge iron, using indigenous iron ore and non-coking coal. Its plant uses coal-based rotary kiln technology for sponge iron production, with additional facilities such as crushing, sizing, and magnetic separation for raw materials. The plant is strategically located with excellent connectivity to many cities and transportation infrastructure. Bihar Sponge Iron also operates captive power plants to meet its energy needs efficiently. The company's sponge iron serves as a substitute for scrap in steelmaking electric arc and induction furnaces.
54GF Score
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