ELECTROSTEEL CASTINGS
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The Current P/E Ratio of ELECTROSTEEL CASTINGS is 12.41.
| Share Price | ₹63.0 | Mar 10,2026 |
| Market Cap | ₹3,894.7 Cr | |
| Earnings-TTM | ₹313.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 12.41x | 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 [ ₹3,894.7 Cr] as on Mar 10,2026
(/) Earnings [ ₹313.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 12.41x ]
Thus, for ELECTROSTEEL CASTINGS , the investors are currently willing to pay 12.41 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 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 Castings/Forgings Industry?
| Peer Comparison (Castings/Forgings Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| ELECTROSTEEL CASTINGS | 313.79 | 12.41 | 3,894.7 |
| AIA ENGINEERING LTD | 1,149.33 | 30.73 | 35,316.6 |
| PTC INDUSTRIES LTD | 66.22 | 400.00 | 26,487.9 |
| KIRLOSKAR FERROUS INDUSTRIES LTD | 327.06 | 19.27 | 6,300.8 |
| STEELCAST LTD | 90.45 | 25.97 | 2,349.4 |
| ALICON CASTALLOY LTD | 35.93 | 32.32 | 1,161.5 |
| NELCAST LTD | 46.71 | 22.53 | 1,052.3 |
| SYNERGY GREEN INDUSTRIES LTD | 8.09 | 96.35 | 779.1 |
| UNI ABEX ALLOY PRODUCTS LTD | 34.88 | 16.61 | 579.4 |
| INVESTMENT & PRECISION CASTINGS LTD | 9.89 | 54.08 | 534.7 |
| MAGNA ELECTRO CASTINGS LTD | 20.63 | 19.18 | 395.7 |
Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs ELECTROSTEEL CASTINGS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 12.41x |
| Max industry PE | 400.00x |
| Median industry PE | 25.97x |
| Average industry PE | 66.31x |
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