ELGI EQUIPMENTS
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The Current P/E Ratio of ELGI EQUIPMENTS is 46.59.
| Share Price | ₹470.6 | Apr 24,2025 |
| Market Cap | ₹14,913.3 Cr | |
| Earnings-TTM | ₹320.1 Cr | TTM-Consolidated Results |
| Price/Earnings | 46.59x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of ELGI EQUIPMENTS
Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹14,913.3 Cr] as on Apr 24,2025
(/) Earnings [ ₹320.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 46.59x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for ELGI EQUIPMENTS , the investors are currently willing to pay 46.59 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 ELGI EQUIPMENTS !
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 ELGI EQUIPMENTS over the last five years.
Thus, for ELGI EQUIPMENTS , the investors are currently willing to pay 46.59 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 ELGI EQUIPMENTS !
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 ELGI EQUIPMENTS over the last five years.
Historical PE (Price/Earnings) ratio chart of ELGI EQUIPMENTS
PE Ratio Performance Analysis for ELGI EQUIPMENTS
- ELGI EQUIPMENTS 's latest p/e ratio is 46.59x.
- ELGI EQUIPMENTS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 45.59x.
- ELGI EQUIPMENTS 's operated at median p/e ratio of 49.65x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ELGI EQUIPMENTS 's p/e ratio peaked in Mar2024 at 61.11x.
- ELGI EQUIPMENTS 's p/e ratio hit its five-year low in Mar2020 of 20.83x.
- ELGI EQUIPMENTS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 45.59x.
- ELGI EQUIPMENTS 's operated at median p/e ratio of 49.65x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ELGI EQUIPMENTS 's p/e ratio peaked in Mar2024 at 61.11x.
- ELGI EQUIPMENTS 's p/e ratio hit its five-year low in Mar2020 of 20.83x.
How does ELGI EQUIPMENTS 's P/E Ratio benchmark against top 10 peers in Compressors / Pumps Industry?
| Peer Comparison (Compressors / Pumps Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| ELGI EQUIPMENTS | 320.13 | 46.59 | 14,913.3 |
| INGERSOLLRAND (INDIA) LTD | 263.74 | 45.81 | 12,082.8 |
| KSB LTD | 240.90 | 54.05 | 13,019.9 |
| SHAKTI PUMPS (INDIA) LTD | 387.79 | 28.83 | 11,180.2 |
| KIRLOSKAR PNEUMATIC COMPANY LTD | 211.07 | 37.85 | 7,989.2 |
| DYNAMATIC TECHNOLOGIES LTD | 84.06 | 52.44 | 4,407.9 |
| WPIL LTD | 213.54 | 20.01 | 4,272.1 |
| ROTO PUMPS LTD | 33.86 | 43.82 | 1,484.0 |
| VELJAN DENISON LTD | 23.39 | 21.12 | 493.9 |
| LATTEYS INDUSTRIES LTD | 1.62 | 79.23 | 128.0 |
Compressors / Pumps Industry Benchmark (Top 10) PE Analysis vs ELGI EQUIPMENTS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 20.01x |
| Max industry PE | 79.23x |
| Median industry PE | 45.81x |
| Average industry PE | 42.97x |
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