ELECTROSTEEL CASTINGS
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The Current P/E Ratio of ELECTROSTEEL CASTINGS is 16.15.
| Share Price | ₹82.0 | May 15,2026 |
| Market Cap | ₹5,068.0 Cr | |
| Earnings-TTM | ₹313.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 16.15x | 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 [ ₹5,068.0 Cr] as on May 15,2026
(/) Earnings [ ₹313.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 16.15x ]
Thus, for ELECTROSTEEL CASTINGS , the investors are currently willing to pay 16.15 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 | 16.15 | 5,068.0 |
| AIA ENGINEERING LTD | 1,149.33 | 31.28 | 35,956.3 |
| PTC INDUSTRIES LTD | 66.22 | 379.47 | 25,128.6 |
| KIRLOSKAR FERROUS INDUSTRIES LTD | 357.82 | 20.55 | 7,352.1 |
| STEELCAST LTD | 90.45 | 31.69 | 2,866.5 |
| ALICON CASTALLOY LTD | 34.44 | 31.40 | 1,081.3 |
| NELCAST LTD | 46.71 | 26.63 | 1,243.7 |
| SYNERGY GREEN INDUSTRIES LTD | 8.09 | 108.41 | 876.6 |
| UNI ABEX ALLOY PRODUCTS LTD | 34.88 | 18.31 | 638.7 |
| INVESTMENT & PRECISION CASTINGS LTD | 9.89 | 62.07 | 613.6 |
| MAGNA ELECTRO CASTINGS LTD | 20.63 | 24.20 | 499.3 |
Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs ELECTROSTEEL CASTINGS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 16.15x |
| Max industry PE | 379.47x |
| Median industry PE | 31.28x |
| Average industry PE | 68.20x |
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