NELCAST
|
The Current P/E Ratio of NELCAST is 25.72.
Share Price | ₹85.2 | Apr 09,2025 |
Market Cap | ₹741.0 Cr | |
Earnings-TTM | ₹28.8 Cr | TTM-Consolidated Results |
Price/Earnings | 25.72x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NELCAST
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹741.0 Cr] as on Apr 09,2025
(/) Earnings [ ₹28.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 25.72x ]
Thus, for NELCAST , the investors are currently willing to pay 25.72 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 NELCAST !
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 NELCAST over the last five years.
Historical PE (Price/Earnings) ratio chart of NELCAST
PE Ratio Performance Analysis for NELCAST
- NELCAST 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 31.02x.
- NELCAST 's operated at median p/e ratio of 26.42x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NELCAST 's p/e ratio peaked in Mar2021 at 62.3x.
- NELCAST 's p/e ratio hit its five-year low in Mar2020 of 7.26x.
How does NELCAST '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 |
---|---|---|---|
NELCAST | 28.81 | 25.72 | 741.0 |
AIA ENGINEERING LTD | 1,028.39 | 28.20 | 29,003.5 |
PTC INDUSTRIES LTD | 51.16 | 384.35 | 19,664.3 |
KIRLOSKAR FERROUS INDUSTRIES LTD | 219.43 | 33.96 | 7,451.2 |
ELECTROSTEEL CASTINGS LTD | 768.55 | 7.53 | 5,785.6 |
STEELCAST LTD | 64.14 | 24.11 | 1,546.6 |
ALICON CASTALLOY LTD | 57.17 | 17.67 | 1,010.4 |
SYNERGY GREEN INDUSTRIES LTD | 16.31 | 38.98 | 635.8 |
UNI ABEX ALLOY PRODUCTS LTD | 24.37 | 20.02 | 487.9 |
INVESTMENT & PRECISION CASTINGS LTD | 4.86 | 82.18 | 399.3 |
MAGNA ELECTRO CASTINGS LTD | 22.39 | 16.52 | 369.9 |
Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs NELCAST 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 7.53x |
Max industry PE | 384.35x |
Median industry PE | 25.72x |
Average industry PE | 61.75x |
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