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EIMCO ELECON (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of EIMCO ELECON (INDIA) is 35.24.

Share Price ₹2,341.0Aug 05,2025
Market Cap ₹1,357.8 Cr
Earnings-TTM₹38.5 CrTTM-Consolidated Results
Price/Earnings35.24xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of EIMCO ELECON (INDIA)

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 EIMCO ELECON (INDIA) is calculated as :

Current Market Cap [ ₹1,357.8 Cr] as on Aug 05,2025

(/) Earnings [ ₹38.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 35.24x ]

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

Thus, for EIMCO ELECON (INDIA) , the investors are currently willing to pay 35.24 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 EIMCO ELECON (INDIA) !

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 EIMCO ELECON (INDIA) over the last five years.

Historical PE (Price/Earnings) ratio chart of EIMCO ELECON (INDIA)


PE Ratio Performance Analysis for EIMCO ELECON (INDIA)

- EIMCO ELECON (INDIA) 's latest p/e ratio is 35.24x.

- EIMCO ELECON (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 16.61x.

- EIMCO ELECON (INDIA) 's operated at median p/e ratio of 17.16x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, EIMCO ELECON (INDIA) 's p/e ratio peaked in Mar2024 at 22.78x.

- EIMCO ELECON (INDIA) 's p/e ratio hit its five-year low in Mar2023 of 10.54x.


How does EIMCO ELECON (INDIA) '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
EIMCO ELECON (INDIA) 38.5335.241,357.8
BHARAT HEAVY ELECTRICALS LTD474.89181.8886,372.6
THERMAX LTD668.7363.3742,377.9
JYOTI CNC AUTOMATION LTD316.0173.7223,297.2
TRIVENI TURBINE LTD342.6049.5016,958.7
KIRLOSKAR BROTHERS LTD403.1036.7314,807.8
ELECON ENGINEERING COMPANY LTD510.9025.1512,846.9
PRAJ INDUSTRIES LTD218.9338.348,392.9
KIRLOSKAR OIL ENGINES LTD475.0926.5012,587.8
TEGA INDUSTRIES LTD194.0863.7812,378.9
SHRIRAM PISTONS & RINGS LTD533.3020.1310,737.4

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

Top 10 Industry PeersPE Ratio
Min industry PE 20.13x
Max industry PE 181.88x
Median industry PE 38.34x
Average industry PE 55.85x



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