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

The Current P/E Ratio of EIMCO ELECON (INDIA) is 27.64.

Share Price ₹1,844.9Jul 03,2026
Market Cap ₹1,070.0 Cr
Earnings-TTM₹38.7 CrTTM-Standalone Results
Price/Earnings27.64xCalculated 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 [ ₹1,070.0 Cr] as on Jul 03,2026

(/) Earnings [ ₹38.7 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 27.64x ]

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 27.64 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 27.64x.

- EIMCO ELECON (INDIA) 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 18.13x.

- EIMCO ELECON (INDIA) 's operated at median p/e ratio of 21.08x 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 21.73x.

- EIMCO ELECON (INDIA) 's p/e ratio hit its five-year low in Mar2023 of 9.86x.


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) 38.7227.641,070.0
BHARAT HEAVY ELECTRICALS LTD1,539.2186.76133,537.0
THERMAX LTD720.6776.2754,962.0
KIRLOSKAR OIL ENGINES LTD557.7258.1832,447.3
TRIVENI TURBINE LTD350.7059.7120,939.7
JYOTI CNC AUTOMATION LTD336.0052.1317,516.1
INOX INDIA LTD257.8965.8816,989.1
AZAD ENGINEERING LTD133.56103.8713,873.1
TEGA INDUSTRIES LTD136.5890.4912,359.3
ELECON ENGINEERING COMPANY LTD340.5434.7211,823.6
KRN HEAT EXCHANGER AND REFRIGERATION LTD76.47103.797,936.5

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 27.64x
Max industry PE 103.87x
Median industry PE 65.88x
Average industry PE 69.04x



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