ELGI EQUIPMENTS
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The Current P/E Ratio of ELGI EQUIPMENTS is 41.81.
Share Price | ₹422.4 | Apr 11,2025 |
Market Cap | ₹13,384.3 Cr | |
Earnings-TTM | ₹320.1 Cr | TTM-Consolidated Results |
Price/Earnings | 41.81x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ELGI EQUIPMENTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹13,384.3 Cr] as on Apr 11,2025
(/) Earnings [ ₹320.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 41.81x ]
Thus, for ELGI EQUIPMENTS , the investors are currently willing to pay 41.81 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 ELGI EQUIPMENTS !
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 ELGI EQUIPMENTS over the last five years.
Historical PE (Price/Earnings) ratio chart of ELGI EQUIPMENTS
PE Ratio Performance Analysis for ELGI EQUIPMENTS
- ELGI EQUIPMENTS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 45.59x.
- ELGI EQUIPMENTS 's operated at median p/e ratio of 49.65x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ELGI EQUIPMENTS 's p/e ratio peaked in Mar2024 at 61.11x.
- ELGI EQUIPMENTS 's p/e ratio hit its five-year low in Mar2020 of 20.83x.
How does ELGI EQUIPMENTS 's P/E Ratio benchmark against top 10 peers in Compressors / Pumps Industry?
Peer Comparison (Compressors / Pumps Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ELGI EQUIPMENTS | 320.13 | 41.81 | 13,384.3 |
INGERSOLLRAND (INDIA) LTD | 263.74 | 41.99 | 11,074.0 |
KSB LTD | 240.90 | 51.85 | 12,491.7 |
SHAKTI PUMPS (INDIA) LTD | 387.79 | 29.00 | 11,244.5 |
KIRLOSKAR PNEUMATIC COMPANY LTD | 190.65 | 37.45 | 7,139.4 |
DYNAMATIC TECHNOLOGIES LTD | 84.06 | 50.55 | 4,249.0 |
WPIL LTD | 213.54 | 18.56 | 3,964.0 |
ROTO PUMPS LTD | 33.86 | 39.40 | 1,334.2 |
VELJAN DENISON LTD | 23.39 | 18.27 | 427.3 |
LATTEYS INDUSTRIES LTD | 1.62 | 62.73 | 101.4 |
Compressors / Pumps Industry Benchmark (Top 10) PE Analysis vs ELGI EQUIPMENTS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 18.27x |
Max industry PE | 62.73x |
Median industry PE | 41.81x |
Average industry PE | 39.16x |
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