Home > PE Ratio > ELECON ENGINEERING COMPANY

ELECON ENGINEERING COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of ELECON ENGINEERING COMPANY is 28.01.

Share Price ₹454.6Apr 03,2025
Market Cap ₹10,201.2 Cr
Earnings-TTM₹364.2 CrTTM-Consolidated Results
Price/Earnings28.01xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for ELECON ENGINEERING COMPANY
Please provide your vote to see the results
ELECON ENGINEERING COMPANY is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals
Best Quarterly Growth Small Cap Stocks
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of ELECON ENGINEERING COMPANY

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of ELECON ENGINEERING COMPANY is calculated as :

Current Market Cap [ ₹10,201.2 Cr] as on Apr 03,2025

(/) Earnings [ ₹364.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 28.01x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for ELECON ENGINEERING COMPANY , the investors are currently willing to pay 28.01 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of ELECON ENGINEERING COMPANY !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of ELECON ENGINEERING COMPANY over the last five years.

Historical PE (Price/Earnings) ratio chart of ELECON ENGINEERING COMPANY


PE Ratio Performance Analysis for ELECON ENGINEERING COMPANY

- ELECON ENGINEERING COMPANY 's latest p/e ratio is 28.01x.

- ELECON ENGINEERING COMPANY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 14.84x.

- ELECON ENGINEERING COMPANY 's operated at median p/e ratio of 12.33x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ELECON ENGINEERING COMPANY 's p/e ratio peaked in Mar2024 at 29.97x.

- ELECON ENGINEERING COMPANY 's p/e ratio hit its five-year low in Mar2020 of 2.38x.


How does ELECON ENGINEERING COMPANY 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ELECON ENGINEERING COMPANY 364.1528.0110,201.2
BHARAT HEAVY ELECTRICALS LTD456.39166.8676,152.7
THERMAX LTD609.5369.3742,285.0
JYOTI CNC AUTOMATION LTD306.6878.1023,951.1
TRIVENI TURBINE LTD339.5750.1417,025.5
KIRLOSKAR BROTHERS LTD422.4032.4913,723.5
PRAJ INDUSTRIES LTD271.0535.569,638.2
KIRLOSKAR OIL ENGINES LTD494.9922.0810,930.5
TEGA INDUSTRIES LTD182.4153.649,784.4
SHRIRAM PISTONS & RINGS LTD480.4817.578,441.3
INOX INDIA LTD204.5945.179,241.5

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs ELECON ENGINEERING COMPANY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 17.57x
Max industry PE 166.86x
Median industry PE 45.17x
Average industry PE 54.45x



You may also like the below Video Courses