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ELGI EQUIPMENTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of ELGI EQUIPMENTS is 52.88.

Share Price ₹540.3Jan 31,2025
Market Cap ₹17,120.5 Cr
Earnings-TTM₹323.8 CrTTM-Consolidated Results
Price/Earnings52.88xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ELGI EQUIPMENTS

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 ELGI EQUIPMENTS is calculated as :

Current Market Cap [ ₹17,120.5 Cr] as on Jan 31,2025

(/) Earnings [ ₹323.8 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 52.88x ]

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

Thus, for ELGI EQUIPMENTS , the investors are currently willing to pay 52.88 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 latest p/e ratio is 52.88x.

- 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 RatioMarket Cap
ELGI EQUIPMENTS 323.7652.8817,120.5
KSB LTD223.8054.6712,235.8
INGERSOLLRAND (INDIA) LTD241.1648.9311,798.9
DYNAMATIC TECHNOLOGIES LTD91.7752.124,783.0
KIRLOSKAR PNEUMATIC COMPANY LTD190.6538.647,365.8
WPIL LTD221.4829.586,552.3
SHAKTI PUMPS (INDIA) LTD387.7929.1711,313.6
ROTO PUMPS LTD36.1848.131,741.2

Compressors / Pumps Industry Benchmark (Top 10) PE Analysis vs ELGI EQUIPMENTS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 29.17x
Max industry PE 54.67x
Median industry PE 48.93x
Average industry PE 44.27x



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