ELECTROSTEEL CASTINGS
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The Current P/E Ratio of ELECTROSTEEL CASTINGS is 38.41.
| Share Price | ₹75.0 | Oct 09,2026 |
| Market Cap | ₹4,639.0 Cr | |
| Earnings-TTM | ₹120.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 38.41x | 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 [ ₹4,639.0 Cr] as on Oct 09,2026
(/) Earnings [ ₹120.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 38.41x ]
Thus, for ELECTROSTEEL CASTINGS , the investors are currently willing to pay 38.41 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 | 120.76 | 38.41 | 4,639.0 |
| JSW STEEL LTD | 28,468.00 | 10.04 | 285,874.0 |
| TATA STEEL LTD | 10,878.80 | 19.92 | 216,713.0 |
| STEEL AUTHORITY OF INDIA LTD | 3,894.18 | 18.19 | 70,838.5 |
| JINDAL STAINLESS LTD | 3,173.57 | 18.39 | 58,356.5 |
| APL APOLLO TUBES LTD | 1,229.04 | 47.56 | 58,449.9 |
| WELSPUN CORP LTD | 1,405.08 | 49.65 | 69,763.4 |
| SHYAM METALICS AND ENERGY LTD | 1,120.14 | 26.42 | 29,590.8 |
| GODAWARI POWER AND ISPAT LTD | 799.43 | 17.40 | 13,911.4 |
| SARDA ENERGY & MINERALS LTD | 1,103.05 | 15.39 | 16,974.2 |
| RATNAMANI METALS & TUBES LTD | 514.35 | 34.31 | 17,647.4 |
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 | 10.04x |
| Max industry PE | 49.65x |
| Median industry PE | 19.92x |
| Average industry PE | 26.88x |
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