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NESCO
PE (Price/Earnings) Ratio

The Current P/E Ratio of NESCO is 17.41.

Share Price ₹967.4Apr 21,2025
Market Cap ₹6,820.2 Cr
Earnings-TTM₹391.7 CrTTM-Standalone Results
Price/Earnings17.41xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NESCO

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 NESCO is calculated as :

Current Market Cap [ ₹6,820.2 Cr] as on Apr 21,2025

(/) Earnings [ ₹391.7 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 17.41x ]

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

Thus, for NESCO , the investors are currently willing to pay 17.41 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 NESCO !

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 NESCO over the last five years.

Historical PE (Price/Earnings) ratio chart of NESCO


PE Ratio Performance Analysis for NESCO

- NESCO 's latest p/e ratio is 17.41x.

- NESCO 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 17.10x.

- NESCO 's operated at median p/e ratio of 16.11x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NESCO 's p/e ratio peaked in Mar2021 at 21.54x.

- NESCO 's p/e ratio hit its five-year low in Mar2023 of 12.54x.


How does NESCO 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?

Peer Comparison (Engineering - Industrial Equipments Industry)Earnings-TTM (Cr)PE RatioMarket Cap
NESCO 391.7217.416,820.2
BHARAT HEAVY ELECTRICALS LTD456.39173.3179,095.1
THERMAX LTD609.5366.9040,778.9
JYOTI CNC AUTOMATION LTD306.6878.4424,056.8
TRIVENI TURBINE LTD339.5748.0216,305.5
KIRLOSKAR BROTHERS LTD422.4031.9313,486.4
ELECON ENGINEERING COMPANY LTD364.1530.5611,128.0
PRAJ INDUSTRIES LTD271.0535.519,625.4
KIRLOSKAR OIL ENGINES LTD494.9922.0110,896.4
TEGA INDUSTRIES LTD182.4152.119,504.6
SHRIRAM PISTONS & RINGS LTD480.4817.148,233.4

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs NESCO 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 17.14x
Max industry PE 173.31x
Median industry PE 35.51x
Average industry PE 52.12x



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