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ELECTROSTEEL CASTINGS
PE (Price/Earnings) Ratio

The Current P/E Ratio of ELECTROSTEEL CASTINGS is 29.36.

Share Price ₹76.7Jun 01,2026
Market Cap ₹4,741.0 Cr
Earnings-TTM₹161.5 CrTTM-Consolidated Results
Price/Earnings29.36xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ELECTROSTEEL CASTINGS

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 ELECTROSTEEL CASTINGS is calculated as :

Current Market Cap [ ₹4,741.0 Cr] as on Jun 01,2026

(/) Earnings [ ₹161.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 29.36x ]

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

Thus, for ELECTROSTEEL CASTINGS , the investors are currently willing to pay 29.36 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 ELECTROSTEEL CASTINGS !

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 ELECTROSTEEL CASTINGS over the last five years.

Historical PE (Price/Earnings) ratio chart of ELECTROSTEEL CASTINGS


PE Ratio Performance Analysis for ELECTROSTEEL CASTINGS

- ELECTROSTEEL CASTINGS 's latest p/e ratio is 29.36x.

- ELECTROSTEEL CASTINGS 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 7.25x.

- ELECTROSTEEL CASTINGS 's operated at median p/e ratio of 6.76x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ELECTROSTEEL CASTINGS 's p/e ratio peaked in Mar2024 at 14.9x.

- ELECTROSTEEL CASTINGS 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does ELECTROSTEEL CASTINGS 's P/E Ratio benchmark against top 10 peers in Steel & Iron Products Industry?

Peer Comparison (Steel & Iron Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ELECTROSTEEL CASTINGS 161.4729.364,741.0
JSW STEEL LTD25,983.0012.23317,652.0
TATA STEEL LTD10,517.3024.99262,839.0
STEEL AUTHORITY OF INDIA LTD2,947.4128.6184,324.7
JINDAL STAINLESS LTD3,167.8418.1057,346.6
APL APOLLO TUBES LTD1,203.1041.3049,688.4
WELSPUN CORP LTD1,278.1528.4336,335.8
SHYAM METALICS AND ENERGY LTD1,060.0725.2726,785.5
GODAWARI POWER AND ISPAT LTD795.5523.8118,941.0
SARDA ENERGY & MINERALS LTD1,063.3117.3018,394.3
RATNAMANI METALS & TUBES LTD534.4732.9217,596.6

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs ELECTROSTEEL CASTINGS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 12.23x
Max industry PE 41.30x
Median industry PE 25.27x
Average industry PE 25.67x



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