NELCAST
|
The Current P/E Ratio of NELCAST is 35.17.
Share Price | ₹169.2 | Aug 01,2025 |
Market Cap | ₹1,471.6 Cr | |
Earnings-TTM | ₹41.8 Cr | TTM-Consolidated Results |
Price/Earnings | 35.17x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NELCAST
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,471.6 Cr] as on Aug 01,2025
(/) Earnings [ ₹41.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 35.17x ]
Thus, for NELCAST , the investors are currently willing to pay 35.17 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 NELCAST !
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 NELCAST over the last five years.
Historical PE (Price/Earnings) ratio chart of NELCAST
PE Ratio Performance Analysis for NELCAST
- NELCAST 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 33.45x.
- NELCAST 's operated at median p/e ratio of 26.42x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NELCAST 's p/e ratio peaked in Mar2021 at 62.3x.
- NELCAST 's p/e ratio hit its five-year low in Mar2025 of 19.4x.
How does NELCAST 's P/E Ratio benchmark against top 10 peers in Castings/Forgings Industry?
Peer Comparison (Castings/Forgings Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
NELCAST | 41.84 | 35.17 | 1,471.6 |
AIA ENGINEERING LTD | 1,048.32 | 27.59 | 28,920.9 |
PTC INDUSTRIES LTD | 61.02 | 362.06 | 22,092.1 |
KIRLOSKAR FERROUS INDUSTRIES LTD | 294.04 | 32.89 | 9,670.8 |
ELECTROSTEEL CASTINGS LTD | 709.71 | 9.46 | 6,710.4 |
STEELCAST LTD | 79.15 | 28.06 | 2,221.0 |
ALICON CASTALLOY LTD | 46.06 | 31.91 | 1,469.6 |
SYNERGY GREEN INDUSTRIES LTD | 16.89 | 48.47 | 818.7 |
UNI ABEX ALLOY PRODUCTS LTD | 33.57 | 20.00 | 671.6 |
INVESTMENT & PRECISION CASTINGS LTD | 6.06 | 83.29 | 504.5 |
MAGNA ELECTRO CASTINGS LTD | 23.12 | 22.82 | 527.5 |
Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs NELCAST 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.46x |
Max industry PE | 362.06x |
Median industry PE | 31.91x |
Average industry PE | 63.79x |
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