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Shyam Metalics and Energy (BOM:543299) 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 .
Shyam Metalics and Energy Forward PE Ratio Related Terms
Shyam Metalics and Energy Forward PE Ratio Historical Data
* 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.
Shyam Metalics and Energy Forward PE Ratio Chart
Shyam Metalics and Energy Annual Data
Trend
2025-03
2026-03
Forward PE Ratio
15.47
15.59
Shyam Metalics and Energy Quarterly Data
2023-12
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
9.03
12.31
15.47
16.21
17.22
11.82
15.59
19.60
BOM:543299 vs NUE, STLD, RS: Forward PE Ratio Comparison
For the Steel subindustry, Shyam Metalics and Energy'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.
Shyam Metalics and Energy Forward PE Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Shyam Metalics and Energy's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Shyam Metalics and Energy's Forward PE Ratio falls into.
Shyam Metalics and Energy Forward PE Ratio Calculation
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.
Shyam Metalics and Energy (BOM:543299) has a Forward PE Ratio of 19.16 as of Sep. 09, 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 Shyam Metalics and Energy and its competitors. According to the industry distribution chart, Shyam Metalics and Energy ranks #141 out of 178 companies in the Steel industry, placing it in the top 79.2%.
Is Shyam Metalics and Energy's Forward PE Ratio too high?
Shyam Metalics and Energy's current Forward PE Ratio is 19.16. The Steel industry median Forward PE Ratio is 12.29. Shyam Metalics and Energy's value of 19.16 is 56% above this industry median. Based on the distribution chart, Shyam Metalics and Energy ranks #141 out of 178 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Shyam Metalics and Energy has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shyam Metalics and Energy's Forward PE Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Shyam Metalics and Energy ranks #141 out of 178 companies for Forward PE Ratio. This places Shyam Metalics and Energy in the lower half of its industry. The industry median Forward PE Ratio is 12.29. Shyam Metalics and Energy's value of 19.16 is 56% above this benchmark. 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 12.29, 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. Shyam Metalics and Energy's current Forward PE Ratio of 19.16 is 56% above the industry median. 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 Shyam Metalics and Energy and its competitors. For the Steel industry, the median Forward PE Ratio is 12.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shyam Metalics and Energy's current Forward PE Ratio is 19.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shyam Metalics and Energy stock overvalued right now?
Based on GuruFocus' analysis, Shyam Metalics and Energy (BOM:543299) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,053.63, compared to a current price of ₹1,081.80 — trading 2.7% above its estimated fair value. The current Forward PE Ratio is 19.16 and 56% above the Steel industry median of 12.29. Shyam Metalics and Energy's overall GF Score™ is 88/100 with 8 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 Shyam Metalics and Energy (BOM:543299), the current Forward PE Ratio is 19.16 as of Sep. 09, 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 Shyam Metalics and Energy (BOM:543299) Overvalued in 2026?
Based on GuruFocus' analysis, Shyam Metalics and Energy stock appears to be overvalued.
The current stock price of ₹1,081.80 is trading 2.7% above its estimated GF Value™ of ₹1,053.63.
GuruFocus considers Shyam Metalics and Energy to be Fairly Valued.
Key valuation signals for BOM:543299:
Forward PE Ratio: 19.16
GF Value™: ₹1,053.63 vs. price of ₹1,081.80 (2.7% above fair value)
Industry Position: 56% above the Steel median (#141 of 178)
No single metric tells the full story. See the BOM:543299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shyam Metalics and Energy Ltd is an integrated metal producer company. It is majorly engaged in the production of long steel products such as iron pellets, sponge iron, steel billets, TMT, structural products, wire rods, and ferroalloys. The company generates the majority of its revenue from India. The group revenue from the Sale of Manufactured Products, Sale of Services, Sale of Traded Goods, and Sale of Power, with the majority being generated from the sale of manufactured products. The Company has only one business segment which is iron and steel.
88GF Score
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