Scoda Tubes (NSE:SCODATUBES) PE Ratio (TTM): 21.96 (As of Jul. 12, 2026) — Near Median


NSE:SCODATUBES Scoda Tubes Ltd NSE:SCODATUBES
26 GF Score
Price ₹149.10
! 3 Warning Signs
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What is Scoda Tubes PE Ratio (TTM)?

Scoda Tubes NSE:SCODATUBES +0.95% 26 PE Ratio (TTM) is 21.96 as of Jul. 12, 2026, which is 6% below its 10-year median of 23.37. GuruFocus rates NSE:SCODATUBES with a GF Score™ of 26/100. The stock has 3 warning signs investors should review. Among 428 Steel companies, Scoda Tubes ranks worse than 62.62% on this metric.

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-07-12), Scoda Tubes's share price is ₹149.10. Scoda Tubes's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹6.79. Therefore, Scoda Tubes's PE Ratio (TTM) for today is 21.96.


The historical rank and industry rank for Scoda Tubes's PE Ratio (TTM) or its related term are showing as below:

NSE:SCODATUBES' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 17.23   Med: 23.37   Max: 31.23
Current: 21.96


During the past 5 years, the highest PE Ratio (TTM) of Scoda Tubes was 31.23. The lowest was 17.23. And the median was 23.37.


NSE:SCODATUBES's PE Ratio (TTM) is ranked worse than
62.62% of 428 companies
in the Steel industry
Industry Median: 16.175 vs NSE:SCODATUBES: 21.96

Scoda Tubes's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was ₹1.02. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹6.79.

As of today (2026-07-12), Scoda Tubes's share price is ₹149.10. Scoda Tubes's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹6.79. Therefore, Scoda Tubes's PE Ratio without NRI for today is 21.96.

During the past 5 years, Scoda Tubes's highest PE Ratio without NRI was 31.23. The lowest was 17.23. And the median was 23.37.

Scoda Tubes's EPS without NRI for the three months ended in Mar. 2026 was ₹1.02. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹6.79.

During the past 12 months, Scoda Tubes's average EPS without NRI Growth Rate was 28.20% per year. During the past 3 years, the average EPS without NRI Growth Rate was 56.60% per year.

During the past 5 years, Scoda Tubes's highest 3-Year average EPS without NRI Growth Rate was 164.90% per year. The lowest was 56.60% per year. And the median was 110.75% per year.

Scoda Tubes's EPS (Basic) for the three months ended in Mar. 2026 was ₹1.02. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹6.79.


Scoda Tubes  (NSE:SCODATUBES) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items 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 (TTM).


Scoda Tubes PE Ratio (TTM) Related Terms


Scoda Tubes PE Ratio (TTM) Historical Data

* Premium members only.

The historical data trend for Scoda Tubes's PE Ratio (TTM) 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.

Scoda Tubes PE Ratio (TTM) Chart

Scoda Tubes Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
PE Ratio (TTM)
N/A N/A N/A N/A 18.04

Scoda Tubes Quarterly Data
Mar22 Mar23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PE Ratio (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only N/A 29.36 26.68 23.45 18.04

NSE:SCODATUBES vs NUE, STLD, RS: PE Ratio (TTM) Comparison

For the Steel subindustry, Scoda Tubes's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.


Scoda Tubes PE Ratio (TTM) vs Steel Industry

For the Steel industry and Basic Materials sector, Scoda Tubes's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Scoda Tubes's PE Ratio (TTM) falls into.


NSE:SCODATUBES
26GF Score
Scoda Tubes Ltd NSE:SCODATUBES
PE Ratio (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
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Scoda Tubes PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Scoda Tubes's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=149.10/6.790
=21.96

Scoda Tubes's Share Price of today is ₹149.10.
Scoda Tubes's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹6.79.

* 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.

It can also be calculated from the numbers for the whole company:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio (TTM) →
What does a PE Ratio (TTM) of 21.96 mean?
Scoda Tubes (NSE:SCODATUBES) has a PE Ratio (TTM) of 21.96 as of Jul. 12, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Scoda Tubes and its competitors. This is near median its historical median of 23.37. Over the past decade, Scoda Tubes' PE Ratio (TTM) has ranged from 17.23 to 31.23. According to the industry distribution chart, Scoda Tubes ranks #268 out of 428 companies in the Steel industry, placing it in the top 62.6%.
Is Scoda Tubes' PE Ratio (TTM) too high?
Scoda Tubes' current PE Ratio (TTM) of 21.96 is near median its 10-year median of 23.37. Over the past 10 years, this metric has ranged from a low of 17.23 to a high of 31.23. The Steel industry median PE Ratio (TTM) is 16.18. Scoda Tubes' value of 21.96 is 35.8% above this industry median. Based on the distribution chart, Scoda Tubes ranks #268 out of 428 companies in the Steel industry, which is below the industry midpoint. Overall, Scoda Tubes has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Scoda Tubes' PE Ratio (TTM) compare to NUE and STLD?
According to the Steel industry distribution chart, Scoda Tubes ranks #268 out of 428 companies for PE Ratio (TTM). This places Scoda Tubes in the lower half of its industry. The industry median PE Ratio (TTM) is 16.18. Scoda Tubes' value of 21.96 is 35.8% above this benchmark. Historically, Scoda Tubes' own PE Ratio (TTM) has ranged from 17.23 to 31.23 over the past decade. While the company's 10-year median is 23.37 vs. the industry median of 16.18, Scoda Tubes has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio (TTM) for a Steel company?
The median PE Ratio (TTM) among Steel companies is 16.18, based on 428 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Scoda Tubes's current PE Ratio (TTM) of 21.96 is 35.8% 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 PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Scoda Tubes and its competitors. For the Steel industry, the median PE Ratio (TTM) is 16.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scoda Tubes's current PE Ratio (TTM) is 21.96, which is near median its own 10-year median of 23.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scoda Tubes stock overvalued right now?
Scoda Tubes (NSE:SCODATUBES) has a current PE Ratio (TTM) of 21.96. The current PE Ratio (TTM) is 21.96, which is near median its 10-year median of 23.37 and 35.8% above the Steel industry median of 16.18. Scoda Tubes' overall GF Score™ is 26/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Scoda Tubes (NSE:SCODATUBES), the current PE Ratio (TTM) is 21.96 as of Jul. 12, 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.

Scoda Tubes Business Description

Other Exchanges 544411:India
Address Mehsana highway, Survey No. 2442, 2443, 2446, Rajpur, Mehsana, Ahmedabad, GJ, IND, 382715
Scoda Tubes Ltd is a manufacturer of stainless-steel tubes and pipes. The company's product includes Stainless Steel Seamless Pipes, Stainless Steel Seamless Tube, Stainless Steel Instrumentation Tubes, Stainless Steel Welded Pipes, Stainless Steel Welded Tubes, and Stainless Steel Welded 'U' Tubes. Geographically, the company generates the majority of its revenue within India.
26GF Score

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PE Ratio (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹149.10
Price