ELECTROSTEEL CASTINGS
|
The Current P/E Ratio of ELECTROSTEEL CASTINGS is 10.33.
Share Price | ₹145.7 | Jan 02,2025 |
Market Cap | ₹9,004.1 Cr | |
Earnings-TTM | ₹871.8 Cr | TTM-Consolidated Results |
Price/Earnings | 10.33x | Calculated as Market Cap/Earnings |
---|---|---|
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 [ ₹9,004.1 Cr] as on Jan 02,2025
(/) Earnings [ ₹871.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 10.33x ]
Thus, for ELECTROSTEEL CASTINGS , the investors are currently willing to pay 10.33 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 | 871.82 | 10.33 | 9,004.1 |
AIA ENGINEERING LTD | 1,052.84 | 30.15 | 31,744.8 |
PTC INDUSTRIES LTD | 45.00 | 442.86 | 19,929.2 |
KIRLOSKAR FERROUS INDUSTRIES LTD | 270.45 | 39.77 | 10,757.1 |
ALICON CASTALLOY LTD | 73.13 | 22.89 | 1,673.7 |
STEELCAST LTD | 62.35 | 28.12 | 1,753.6 |
NELCAST LTD | 48.37 | 22.79 | 1,102.3 |
UNI ABEX ALLOY PRODUCTS LTD | 29.54 | 18.47 | 545.5 |
SYNERGY GREEN INDUSTRIES LTD | 12.98 | 53.64 | 696.2 |
NITIN CASTINGS LTD | 13.47 | 25.79 | 347.6 |
INVESTMENT & PRECISION CASTINGS LTD | 5.80 | 82.54 | 478.5 |
Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs ELECTROSTEEL CASTINGS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.33x |
Max industry PE | 442.86x |
Median industry PE | 28.12x |
Average industry PE | 70.67x |
You may also like the below Video Courses