ESSAR SHIPPING
|
The Current P/E Ratio of ESSAR SHIPPING is -9.03.
| Share Price | ₹27.8 | Apr 17,2026 |
| Market Cap | ₹575.3 Cr | |
| Earnings-TTM | ₹-63.7 Cr | TTM-Consolidated Results |
| Price/Earnings | -9.03x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of ESSAR SHIPPING
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹575.3 Cr] as on Apr 17,2026
(/) Earnings [ ₹-63.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -9.03x ]
Thus, for ESSAR SHIPPING , the investors are currently willing to pay -9.03 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 ESSAR SHIPPING !
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 ESSAR SHIPPING over the last five years.
Historical PE (Price/Earnings) ratio chart of ESSAR SHIPPING
PE Ratio Performance Analysis for ESSAR SHIPPING
- ESSAR SHIPPING 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 0.16x.
- ESSAR SHIPPING '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, ESSAR SHIPPING 's p/e ratio peaked in Mar2025 at 0.68x.
- ESSAR SHIPPING 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does ESSAR SHIPPING 's P/E Ratio benchmark against top 10 peers in Shipping Industry?
| Peer Comparison (Shipping Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| ESSAR SHIPPING | -63.71 | -9.03 | 575.3 |
| THE GREAT EASTERN SHIPPING COMPANY LTD | 2,261.52 | 9.00 | 20,348.6 |
| SHIPPING CORPORATION OF INDIA LTD | 1,084.36 | 13.14 | 14,246.5 |
| SHIPPING CORPORATION OF INDIA LAND AND ASSETS LTD | -194.71 | -11.35 | 2,210.2 |
| SEAMEC LTD | 190.84 | 20.73 | 3,956.1 |
| DREDGING CORPORATION OF INDIA LTD | -60.74 | -45.02 | 2,734.6 |
| TRANSWORLD SHIPPING LINES LTD | -46.98 | -7.48 | 351.2 |
| GLOBAL OFFSHORE SERVICES LTD | -5.56 | -28.14 | 156.4 |
Shipping Industry Benchmark (Top 10) PE Analysis vs ESSAR SHIPPING 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -45.02x |
| Max industry PE | 20.73x |
| Median industry PE | -7.48x |
| Average industry PE | -7.27x |
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