ELECTROTHERM (INDIA)
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The Current P/E Ratio of ELECTROTHERM (INDIA) is 3.14.
Share Price | ₹1,093.0 | Jul 22,2025 |
Market Cap | ₹1,388.0 Cr | |
Earnings-TTM | ₹441.9 Cr | TTM-Consolidated Results |
Price/Earnings | 3.14x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ELECTROTHERM (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,388.0 Cr] as on Jul 22,2025
(/) Earnings [ ₹441.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 3.14x ]
Thus, for ELECTROTHERM (INDIA) , the investors are currently willing to pay 3.14 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 ELECTROTHERM (INDIA) !
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 ELECTROTHERM (INDIA) over the last five years.
Historical PE (Price/Earnings) ratio chart of ELECTROTHERM (INDIA)
PE Ratio Performance Analysis for ELECTROTHERM (INDIA)
- ELECTROTHERM (INDIA) 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.92x.
- ELECTROTHERM (INDIA) 's operated at median p/e ratio of 2.17x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ELECTROTHERM (INDIA) 's p/e ratio peaked in Mar2020 at 4.54x.
- ELECTROTHERM (INDIA) 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does ELECTROTHERM (INDIA) '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 |
---|---|---|---|
ELECTROTHERM (INDIA) | 441.90 | 3.14 | 1,388.0 |
JSW STEEL LTD | 5,232.00 | 48.18 | 252,065.0 |
TATA STEEL LTD | 2,982.97 | 68.21 | 203,480.0 |
JINDAL STAINLESS LTD | 2,543.42 | 22.31 | 56,745.4 |
STEEL AUTHORITY OF INDIA LTD | 1,885.02 | 29.86 | 56,278.4 |
APL APOLLO TUBES LTD | 757.06 | 60.86 | 46,077.4 |
MOTHERSON SUMI WIRING INDIA LTD | 605.86 | 46.95 | 28,443.2 |
SHYAM METALICS AND ENERGY LTD | 909.14 | 28.72 | 26,114.2 |
WELSPUN CORP LTD | 1,293.33 | 18.63 | 24,090.1 |
RATNAMANI METALS & TUBES LTD | 541.57 | 36.25 | 19,632.4 |
SARDA ENERGY & MINERALS LTD | 681.17 | 23.20 | 15,806.1 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs ELECTROTHERM (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 3.14x |
Max industry PE | 68.21x |
Median industry PE | 29.86x |
Average industry PE | 35.12x |
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