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ELECON ENGINEERING COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of ELECON ENGINEERING COMPANY is 41.11.

Share Price ₹432.5Aug 14,2026
Market Cap ₹9,705.3 Cr
Earnings-TTM₹236.1 CrTTM-Consolidated Results
Price/Earnings41.11xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ELECON ENGINEERING COMPANY

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 ELECON ENGINEERING COMPANY is calculated as :

Current Market Cap [ ₹9,705.3 Cr] as on Aug 14,2026

(/) Earnings [ ₹236.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 41.11x ]

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

Thus, for ELECON ENGINEERING COMPANY , the investors are currently willing to pay 41.11 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 ELECON ENGINEERING COMPANY !

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 ELECON ENGINEERING COMPANY over the last five years.

Historical PE (Price/Earnings) ratio chart of ELECON ENGINEERING COMPANY


PE Ratio Performance Analysis for ELECON ENGINEERING COMPANY

- ELECON ENGINEERING COMPANY 's latest p/e ratio is 41.11x.

- ELECON ENGINEERING COMPANY 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 18.43x.

- ELECON ENGINEERING COMPANY 's operated at median p/e ratio of 18.04x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ELECON ENGINEERING COMPANY 's p/e ratio peaked in Mar2025 at 24.28x.

- ELECON ENGINEERING COMPANY 's p/e ratio hit its five-year low in Mar2022 of 11.49x.


How does ELECON ENGINEERING COMPANY '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
ELECON ENGINEERING COMPANY 236.0641.119,705.3
BHARAT HEAVY ELECTRICALS LTD2,373.6361.92146,978.0
THERMAX LTD590.8381.7048,270.2
KIRLOSKAR OIL ENGINES LTD534.6057.1630,558.4
TRIVENI TURBINE LTD337.3055.8218,828.9
JYOTI CNC AUTOMATION LTD321.7258.3818,780.6
INOX INDIA LTD254.8469.2017,635.3
AZAD ENGINEERING LTD139.29126.0017,550.7
TEGA INDUSTRIES LTD-6.53-1,960.8612,804.4
KRN HEAT EXCHANGER AND REFRIGERATION LTD96.9499.179,613.9
PRAJ INDUSTRIES LTD30.11204.896,169.7

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

Top 10 Industry PeersPE Ratio
Min industry PE -1,960.86x
Max industry PE 204.89x
Median industry PE 61.92x
Average industry PE -100.50x



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