NESCO
|
The Current P/E Ratio of NESCO is 18.91.
Share Price | ₹918.7 | Feb 19,2025 |
Market Cap | ₹6,476.8 Cr | |
Earnings-TTM | ₹342.6 Cr | TTM-Consolidated Results |
Price/Earnings | 18.91x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NESCO
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹6,476.8 Cr] as on Feb 19,2025
(/) Earnings [ ₹342.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 18.91x ]
Thus, for NESCO , the investors are currently willing to pay 18.91 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 p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 17.64x.
- NESCO 's operated at median p/e ratio of 18.82x 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 21.55x.
- 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 Ratio | Market Cap |
---|---|---|---|
NESCO | 342.57 | 18.91 | 6,476.8 |
BHARAT ELECTRONICS LTD | 4,951.80 | 37.41 | 185,230.0 |
BHARAT HEAVY ELECTRICALS LTD | 456.39 | 148.85 | 67,935.1 |
THERMAX LTD | 609.53 | 65.22 | 39,756.5 |
TRIVENI TURBINE LTD | 339.57 | 52.66 | 17,882.2 |
KIRLOSKAR OIL ENGINES LTD | 494.99 | 17.83 | 8,823.7 |
ELECON ENGINEERING COMPANY LTD | 364.15 | 28.76 | 10,471.6 |
PRAJ INDUSTRIES LTD | 271.05 | 36.81 | 9,977.4 |
SHRIRAM PISTONS & RINGS LTD | 480.48 | 18.42 | 8,852.7 |
KIRLOSKAR BROTHERS LTD | 422.40 | 33.56 | 14,174.9 |
TEGA INDUSTRIES LTD | 182.41 | 48.50 | 8,847.2 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs NESCO 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 17.83x |
Max industry PE | 148.85x |
Median industry PE | 36.81x |
Average industry PE | 46.08x |
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