ELECTROSTEEL CASTINGS
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The Current P/E Ratio of ELECTROSTEEL CASTINGS is 9.99.
Share Price | ₹124.2 | Feb 01,2025 |
Market Cap | ₹7,678.0 Cr | |
Earnings-TTM | ₹768.6 Cr | TTM-Consolidated Results |
Price/Earnings | 9.99x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ELECTROSTEEL CASTINGS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹7,678.0 Cr] as on Feb 01,2025
(/) Earnings [ ₹768.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 9.99x ]
Thus, for ELECTROSTEEL CASTINGS , the investors are currently willing to pay 9.99 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 ELECTROSTEEL CASTINGS !
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 ELECTROSTEEL CASTINGS over the last five years.
Historical PE (Price/Earnings) ratio chart of ELECTROSTEEL CASTINGS
PE Ratio Performance Analysis for ELECTROSTEEL CASTINGS
- ELECTROSTEEL CASTINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 6.03x.
- ELECTROSTEEL CASTINGS 's operated at median p/e ratio of 6.05x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ELECTROSTEEL CASTINGS 's p/e ratio peaked in Mar2024 at 14.9x.
- ELECTROSTEEL CASTINGS 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does ELECTROSTEEL CASTINGS 's P/E Ratio benchmark against top 10 peers in Castings/Forgings Industry?
Peer Comparison (Castings/Forgings Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ELECTROSTEEL CASTINGS | 768.55 | 9.99 | 7,678.0 |
AIA ENGINEERING LTD | 1,052.84 | 32.54 | 34,263.0 |
PTC INDUSTRIES LTD | 45.00 | 490.07 | 22,053.7 |
KIRLOSKAR FERROUS INDUSTRIES LTD | 270.45 | 33.76 | 9,129.4 |
ALICON CASTALLOY LTD | 73.13 | 21.34 | 1,560.5 |
STEELCAST LTD | 64.14 | 28.78 | 1,846.1 |
NELCAST LTD | 28.81 | 31.61 | 910.9 |
UNI ABEX ALLOY PRODUCTS LTD | 29.54 | 17.16 | 507.0 |
SYNERGY GREEN INDUSTRIES LTD | 12.98 | 47.92 | 622.0 |
NITIN CASTINGS LTD | 13.47 | 21.83 | 294.2 |
INVESTMENT & PRECISION CASTINGS LTD | 4.86 | 85.11 | 413.5 |
Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs ELECTROSTEEL CASTINGS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.99x |
Max industry PE | 490.07x |
Median industry PE | 31.61x |
Average industry PE | 74.56x |
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