ELECTROTHERM (INDIA)
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The Current P/E Ratio of ELECTROTHERM (INDIA) is 4.68.
| Share Price | ₹574.4 | Mar 13,2026 |
| Market Cap | ₹729.4 Cr | |
| Earnings-TTM | ₹156.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 4.68x | 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 [ ₹729.4 Cr] as on Mar 13,2026
(/) Earnings [ ₹156.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 4.68x ]
Thus, for ELECTROTHERM (INDIA) , the investors are currently willing to pay 4.68 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) | 155.96 | 4.68 | 729.4 |
| JSW STEEL LTD | 8,314.00 | 32.92 | 273,659.0 |
| TATA STEEL LTD | 8,810.47 | 25.99 | 228,947.0 |
| JINDAL STAINLESS LTD | 2,990.49 | 19.52 | 58,381.3 |
| STEEL AUTHORITY OF INDIA LTD | 2,449.84 | 25.27 | 61,916.6 |
| APL APOLLO TUBES LTD | 1,141.86 | 47.03 | 53,696.2 |
| MOTHERSON SUMI WIRING INDIA LTD | 622.81 | 41.64 | 25,936.4 |
| SHYAM METALICS AND ENERGY LTD | 968.68 | 22.17 | 21,475.0 |
| WELSPUN CORP LTD | 1,661.27 | 12.70 | 21,103.2 |
| RATNAMANI METALS & TUBES LTD | 621.72 | 26.36 | 16,387.9 |
| SARDA ENERGY & MINERALS LTD | 1,016.68 | 18.34 | 18,649.8 |
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 | 4.68x |
| Max industry PE | 47.03x |
| Median industry PE | 25.27x |
| Average industry PE | 25.15x |
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