ELECTROTHERM (INDIA)
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The Current P/E Ratio of ELECTROTHERM (INDIA) is -34.04.
| Share Price | ₹984.2 | Sep 04,2026 |
| Market Cap | ₹1,249.9 Cr | |
| Earnings-TTM | ₹-36.7 Cr | TTM-Consolidated Results |
| Price/Earnings | -34.04x | Calculated as Market Cap/Earnings |
|---|---|---|
| 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 [ ₹1,249.9 Cr] as on Sep 04,2026
(/) Earnings [ ₹-36.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -34.04x ]
Thus, for ELECTROTHERM (INDIA) , the investors are currently willing to pay -34.04 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 Mar2025 to Mar2021 averaged 1.49x.
- 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 Mar2021 at 2.87x.
- 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) | -36.72 | -34.04 | 1,249.9 |
| JSW STEEL LTD | 28,468.00 | 11.38 | 324,023.0 |
| TATA STEEL LTD | 10,878.80 | 21.69 | 235,937.0 |
| STEEL AUTHORITY OF INDIA LTD | 3,894.18 | 20.91 | 81,412.6 |
| JINDAL STAINLESS LTD | 3,173.57 | 19.16 | 60,817.4 |
| APL APOLLO TUBES LTD | 1,229.04 | 50.83 | 62,473.1 |
| WELSPUN CORP LTD | 1,405.08 | 48.65 | 68,353.4 |
| SHYAM METALICS AND ENERGY LTD | 1,120.14 | 26.57 | 29,756.8 |
| GODAWARI POWER AND ISPAT LTD | 799.43 | 20.29 | 16,218.3 |
| SARDA ENERGY & MINERALS LTD | 1,103.05 | 16.26 | 17,934.4 |
| RATNAMANI METALS & TUBES LTD | 514.35 | 37.23 | 19,150.9 |
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 | -34.04x |
| Max industry PE | 50.83x |
| Median industry PE | 20.91x |
| Average industry PE | 21.72x |
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