ELECTROSTEEL CASTINGS
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The Current P/E Ratio of ELECTROSTEEL CASTINGS is 27.09.
| Share Price | ₹70.8 | Jun 10,2026 |
| Market Cap | ₹4,375.0 Cr | |
| Earnings-TTM | ₹161.5 Cr | TTM-Consolidated Results |
| Price/Earnings | 27.09x | 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 [ ₹4,375.0 Cr] as on Jun 10,2026
(/) Earnings [ ₹161.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 27.09x ]
Thus, for ELECTROSTEEL CASTINGS , the investors are currently willing to pay 27.09 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 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 Ratio | Market Cap |
|---|---|---|---|
| ELECTROSTEEL CASTINGS | 161.47 | 27.09 | 4,375.0 |
| JSW STEEL LTD | 25,983.00 | 11.95 | 310,438.0 |
| TATA STEEL LTD | 10,517.30 | 23.63 | 248,483.0 |
| STEEL AUTHORITY OF INDIA LTD | 2,947.41 | 25.46 | 75,051.6 |
| JINDAL STAINLESS LTD | 3,167.84 | 17.22 | 54,543.6 |
| APL APOLLO TUBES LTD | 1,203.10 | 40.67 | 48,924.8 |
| WELSPUN CORP LTD | 1,278.15 | 28.29 | 36,156.5 |
| SHYAM METALICS AND ENERGY LTD | 1,060.07 | 25.45 | 26,980.9 |
| GODAWARI POWER AND ISPAT LTD | 795.55 | 23.44 | 18,648.2 |
| SARDA ENERGY & MINERALS LTD | 1,063.31 | 17.38 | 18,475.3 |
| RATNAMANI METALS & TUBES LTD | 534.47 | 33.03 | 17,654.1 |
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 | 11.95x |
| Max industry PE | 40.67x |
| Median industry PE | 25.45x |
| Average industry PE | 24.87x |
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