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ELECON ENGINEERING COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of ELECON ENGINEERING COMPANY is 38.26.

Share Price ₹694.0Jun 06,2025
Market Cap ₹15,572.2 Cr
Earnings-TTM₹407.0 CrTTM-Consolidated Results
Price/Earnings38.26xCalculated 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 [ ₹15,572.2 Cr] as on Jun 06,2025

(/) Earnings [ ₹407.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 38.26x ]

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 38.26 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 38.26x.

- 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 406.9738.2615,572.2
BHARAT HEAVY ELECTRICALS LTD474.89187.4589,019.0
THERMAX LTD626.9467.2442,158.1
JYOTI CNC AUTOMATION LTD316.0187.6827,708.1
TRIVENI TURBINE LTD358.5052.4918,816.7
KIRLOSKAR BROTHERS LTD403.3034.9614,097.9
PRAJ INDUSTRIES LTD218.9342.499,301.9
KIRLOSKAR OIL ENGINES LTD475.0926.5712,623.3
TEGA INDUSTRIES LTD195.6554.4110,645.0
SHRIRAM PISTONS & RINGS LTD515.5621.0710,860.9
INOX INDIA LTD226.0348.9811,071.3

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 21.07x
Max industry PE 187.45x
Median industry PE 48.98x
Average industry PE 60.15x



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