ELECTROSTEEL CASTINGS
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The Current P/E Ratio of ELECTROSTEEL CASTINGS is 28.37.
| Share Price | ₹74.1 | Jun 05,2026 |
| Market Cap | ₹4,580.2 Cr | |
| Earnings-TTM | ₹161.5 Cr | TTM-Consolidated Results |
| Price/Earnings | 28.37x | 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 [ ₹4,580.2 Cr] as on Jun 05,2026
(/) Earnings [ ₹161.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 28.37x ]
Thus, for ELECTROSTEEL CASTINGS , the investors are currently willing to pay 28.37 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 | 28.37 | 4,580.2 |
| JSW STEEL LTD | 25,983.00 | 12.09 | 314,045.0 |
| TATA STEEL LTD | 10,517.30 | 24.55 | 258,158.0 |
| STEEL AUTHORITY OF INDIA LTD | 2,947.41 | 26.69 | 78,665.9 |
| JINDAL STAINLESS LTD | 3,167.84 | 17.99 | 56,996.2 |
| APL APOLLO TUBES LTD | 1,203.10 | 42.10 | 50,650.4 |
| WELSPUN CORP LTD | 1,278.15 | 28.64 | 36,610.2 |
| SHYAM METALICS AND ENERGY LTD | 1,060.07 | 26.34 | 27,920.2 |
| GODAWARI POWER AND ISPAT LTD | 795.55 | 23.68 | 18,840.0 |
| SARDA ENERGY & MINERALS LTD | 1,063.31 | 18.11 | 19,252.3 |
| RATNAMANI METALS & TUBES LTD | 534.47 | 34.33 | 18,348.3 |
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 | 12.09x |
| Max industry PE | 42.10x |
| Median industry PE | 26.34x |
| Average industry PE | 25.72x |
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