ELECTROSTEEL CASTINGS
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The Current P/E Ratio of ELECTROSTEEL CASTINGS is 7.46.
Share Price | ₹92.8 | Feb 28,2025 |
Market Cap | ₹5,736.9 Cr | |
Earnings-TTM | ₹768.6 Cr | TTM-Consolidated Results |
Price/Earnings | 7.46x | 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 [ ₹5,736.9 Cr] as on Feb 28,2025
(/) Earnings [ ₹768.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 7.46x ]
Thus, for ELECTROSTEEL CASTINGS , the investors are currently willing to pay 7.46 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 | 7.46 | 5,736.9 |
AIA ENGINEERING LTD | 1,028.39 | 28.50 | 29,304.0 |
PTC INDUSTRIES LTD | 51.16 | 296.12 | 15,150.3 |
KIRLOSKAR FERROUS INDUSTRIES LTD | 219.43 | 34.14 | 7,491.2 |
STEELCAST LTD | 64.14 | 25.90 | 1,661.1 |
ALICON CASTALLOY LTD | 57.17 | 21.23 | 1,213.5 |
NELCAST LTD | 28.81 | 28.93 | 833.5 |
SYNERGY GREEN INDUSTRIES LTD | 16.31 | 35.49 | 578.7 |
UNI ABEX ALLOY PRODUCTS LTD | 24.37 | 15.06 | 367.0 |
INVESTMENT & PRECISION CASTINGS LTD | 4.86 | 63.24 | 307.2 |
MAGNA ELECTRO CASTINGS LTD | 22.39 | 14.89 | 333.2 |
Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs ELECTROSTEEL CASTINGS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 7.46x |
Max industry PE | 296.12x |
Median industry PE | 28.50x |
Average industry PE | 51.90x |
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