| EMS  | 
The Current P/E Ratio of EMS  is 15.84.
                
| Share Price | ₹528.8 | Oct 31,2025 | 
| Market Cap | ₹2,934.6 Cr | |
| Earnings-TTM | ₹185.2 Cr | TTM-Consolidated Results | 
| Price/Earnings | 15.84x | Calculated as Market Cap/Earnings | 
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of EMS
                    P/E = 
                    Market Capitalization 
                    / Net Income 
                    
                    or, using per-share numbers:
                    
                    P/E = Stock Price / 
                    Earnings Per Share (EPS)
                
               
                                     Current Market Cap [ ₹2,934.6 Cr] as on Oct 31,2025                     
                    (/) Earnings [ ₹185.2 Cr] based on TTM-Consolidated Results
                                    
                
                (=) P/E Ratio [ 15.84x ]
            
Thus, for EMS , the investors are currently willing to pay 15.84 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 EMS !
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 EMS over the last five years.
Historical PE (Price/Earnings) ratio chart of EMS
PE Ratio Performance Analysis for EMS
- EMS 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 6.67x.
- EMS 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, EMS 's p/e ratio peaked in Mar2025 at 18.7x.
- EMS 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does EMS 's P/E Ratio benchmark against top 10 peers in Engineering - Construction Industry?
| Peer Comparison (Engineering - Construction Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap | 
|---|---|---|---|
| EMS | 185.24 | 15.84 | 2,934.6 | 
| LARSEN & TOUBRO LTD | 19,147.10 | 28.96 | 554,514.0 | 
| RAIL VIKAS NIGAM LTD | 1,088.52 | 62.99 | 68,565.9 | 
| IRB INFRASTRUCTURE DEVELOPERS LTD | 6,626.91 | 4.08 | 27,060.8 | 
| KEC INTERNATIONAL LTD | 607.77 | 35.83 | 21,776.5 | 
| AFCONS INFRASTRUCTURE LTD | 532.60 | 30.94 | 16,480.4 | 
| KALPATARU PROJECTS INTERNATIONAL LTD | 808.74 | 26.54 | 21,461.0 | 
| IRCON INTERNATIONAL LTD | 598.98 | 26.63 | 15,951.2 | 
| NCC LTD | 839.09 | 15.89 | 13,335.5 | 
| TECHNO ELECTRIC & ENGINEERING COMPANY LTD | 435.80 | 35.18 | 15,330.0 | 
| GR INFRAPROJECTS LTD | 889.78 | 12.68 | 11,283.2 | 
Engineering - Construction Industry Benchmark (Top 10) PE Analysis vs EMS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio | 
|---|---|
| Min industry PE | 4.08x | 
| Max industry PE | 62.99x | 
| Median industry PE | 26.63x | 
| Average industry PE | 26.87x | 
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