Home > PE Ratio > ELECON ENGINEERING COMPANY

ELECON ENGINEERING COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of ELECON ENGINEERING COMPANY is 23.70.

Share Price ₹541.9Oct 15,2025
Market Cap ₹12,159.1 Cr
Earnings-TTM₹513.1 CrTTM-Consolidated Results
Price/Earnings23.70xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for ELECON ENGINEERING COMPANY
Please provide your vote to see the results
ELECON ENGINEERING COMPANY is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals

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 [ ₹12,159.1 Cr] as on Oct 15,2025

(/) Earnings [ ₹513.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 23.70x ]

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 23.70 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 23.70x.

- ELECON ENGINEERING COMPANY 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 16.23x.

- ELECON ENGINEERING COMPANY 's operated at median p/e ratio of 14.99x 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 513.0723.7012,159.1
BHARAT HEAVY ELECTRICALS LTD231.33354.9382,107.0
THERMAX LTD668.7355.5037,117.8
JYOTI CNC AUTOMATION LTD336.5161.3320,637.5
TRIVENI TURBINE LTD342.6048.5816,644.2
KIRLOSKAR BROTHERS LTD403.1038.8615,665.8
PRAJ INDUSTRIES LTD140.0944.516,234.9
KIRLOSKAR OIL ENGINES LTD453.5128.0712,728.6
TEGA INDUSTRIES LTD194.0865.8912,787.8
SHRIRAM PISTONS & RINGS LTD533.3021.9711,719.0
INOX INDIA LTD234.5146.0710,804.9

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 21.97x
Max industry PE 354.93x
Median industry PE 46.07x
Average industry PE 71.77x



You may also like the below Video Courses