ELECTROSTEEL CASTINGS
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The Current P/E Ratio of ELECTROSTEEL CASTINGS is 27.61.
| Share Price | ₹72.1 | Aug 06,2026 |
| Market Cap | ₹4,457.8 Cr | |
| Earnings-TTM | ₹161.5 Cr | TTM-Consolidated Results |
| Price/Earnings | 27.61x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of ELECTROSTEEL CASTINGS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹4,457.8 Cr] as on Aug 06,2026
(/) Earnings [ ₹161.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 27.61x ]
Thus, for ELECTROSTEEL CASTINGS , the investors are currently willing to pay 27.61 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 p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 12.89x.
- ELECTROSTEEL CASTINGS 's operated at median p/e ratio of 8.56x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ELECTROSTEEL CASTINGS 's p/e ratio peaked in Mar2026 at 28.19x.
- ELECTROSTEEL CASTINGS 's p/e ratio hit its five-year low in Mar2023 of 6.05x.
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 Ratio | Market Cap |
|---|---|---|---|
| ELECTROSTEEL CASTINGS | 161.47 | 27.61 | 4,457.8 |
| JSW STEEL LTD | 28,468.00 | 11.24 | 319,865.0 |
| TATA STEEL LTD | 10,878.80 | 21.72 | 236,312.0 |
| STEEL AUTHORITY OF INDIA LTD | 3,894.18 | 18.88 | 73,523.4 |
| JINDAL STAINLESS LTD | 3,173.57 | 19.02 | 60,355.8 |
| APL APOLLO TUBES LTD | 1,229.04 | 44.08 | 54,171.1 |
| WELSPUN CORP LTD | 1,405.08 | 34.12 | 47,940.0 |
| SHYAM METALICS AND ENERGY LTD | 1,120.14 | 25.32 | 28,366.8 |
| GODAWARI POWER AND ISPAT LTD | 795.55 | 20.62 | 16,403.4 |
| SARDA ENERGY & MINERALS LTD | 1,103.05 | 16.00 | 17,647.2 |
| RATNAMANI METALS & TUBES LTD | 534.47 | 31.10 | 16,620.9 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs ELECTROSTEEL CASTINGS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 11.24x |
| Max industry PE | 44.08x |
| Median industry PE | 21.72x |
| Average industry PE | 24.52x |
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