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ESAB INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of ESAB INDIA is 37.80.

Share Price ₹5,446.0Nov 03,2026
Market Cap ₹8,386.8 Cr
Earnings-TTM₹221.9 CrTTM-Standalone Results
Price/Earnings37.80xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ESAB INDIA

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)

Applying the above formula, P/E ratio of ESAB INDIA is calculated as :

Current Market Cap [ ₹8,386.8 Cr] as on Nov 03,2026

(/) Earnings [ ₹221.9 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 37.80x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for ESAB INDIA , the investors are currently willing to pay 37.80 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 ESAB 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 ESAB INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of ESAB INDIA


PE Ratio Performance Analysis for ESAB INDIA

- ESAB INDIA 's latest p/e ratio is 37.80x.

- ESAB INDIA 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 44.38x.

- ESAB INDIA 's operated at median p/e ratio of 40.11x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ESAB INDIA 's p/e ratio peaked in Mar2022 at 55.34x.

- ESAB INDIA 's p/e ratio hit its five-year low in Mar2026 of 36.9x.


How does ESAB INDIA 's P/E Ratio benchmark against top 10 peers in Electrodes & Welding Equipment Industry?

Peer Comparison (Electrodes & Welding Equipment Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ESAB INDIA 221.8937.808,386.8
GRAPHITE INDIA LTD227.0064.5414,651.2
HEG LTD224.1735.427,939.9
ADOR WELDING LTD115.4621.532,486.0
DIFFUSION ENGINEERS LTD49.1430.571,502.5
GEE LTD18.8730.15568.9
DE NORA INDIA LTD12.2031.34382.3
D&H INDIA LTD8.3122.23184.7
PANASONIC CARBON INDIA COMPANY LTD19.209.63184.9

Electrodes & Welding Equipment Industry Benchmark (Top 10) PE Analysis vs ESAB INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 9.63x
Max industry PE 64.54x
Median industry PE 30.57x
Average industry PE 31.47x



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