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SIMPLEX CASTINGS
PE (Price/Earnings) Ratio

The Current P/E Ratio of SIMPLEX CASTINGS is 13.76.

Share Price ₹248.2Feb 21,2025
Market Cap ₹176.2 Cr
Earnings-TTM₹12.8 CrTTM-Standalone Results
Price/Earnings13.76xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SIMPLEX CASTINGS

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 SIMPLEX CASTINGS is calculated as :

Current Market Cap [ ₹176.2 Cr] as on Feb 21,2025

(/) Earnings [ ₹12.8 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 13.76x ]

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

Thus, for SIMPLEX CASTINGS , the investors are currently willing to pay 13.76 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 SIMPLEX CASTINGS !

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 SIMPLEX CASTINGS over the last five years.

Historical PE (Price/Earnings) ratio chart of SIMPLEX CASTINGS


PE Ratio Performance Analysis for SIMPLEX CASTINGS

- SIMPLEX CASTINGS 's latest p/e ratio is 13.76x.

- SIMPLEX CASTINGS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 12.46x.

- SIMPLEX CASTINGS 's operated at median p/e ratio of 9.25x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SIMPLEX CASTINGS 's p/e ratio peaked in Mar2024 at 38.38x.

- SIMPLEX CASTINGS 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does SIMPLEX CASTINGS 's P/E Ratio benchmark against top 10 peers in Castings/Forgings Industry?

Peer Comparison (Castings/Forgings Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SIMPLEX CASTINGS 12.8013.76176.2
AIA ENGINEERING LTD1,028.3930.8431,715.4
PTC INDUSTRIES LTD51.16303.3515,520.0
KIRLOSKAR FERROUS INDUSTRIES LTD219.4337.348,193.3
ELECTROSTEEL CASTINGS LTD768.558.156,262.2
STEELCAST LTD64.1425.691,648.0
ALICON CASTALLOY LTD57.1723.791,359.8
NELCAST LTD28.8131.96920.9
SYNERGY GREEN INDUSTRIES LTD16.3137.97619.3
UNI ABEX ALLOY PRODUCTS LTD24.3717.33422.4
INVESTMENT & PRECISION CASTINGS LTD4.8668.86334.5

Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs SIMPLEX CASTINGS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 8.15x
Max industry PE 303.35x
Median industry PE 30.84x
Average industry PE 54.46x



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