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NELCAST
PE (Price/Earnings) Ratio

The Current P/E Ratio of NELCAST is 26.87.

Share Price ₹162.2Nov 04,2026
Market Cap ₹1,411.1 Cr
Earnings-TTM₹52.5 CrTTM-Consolidated Results
Price/Earnings26.87xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NELCAST

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 NELCAST is calculated as :

Current Market Cap [ ₹1,411.1 Cr] as on Nov 04,2026

(/) Earnings [ ₹52.5 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 26.87x ]

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

Thus, for NELCAST , the investors are currently willing to pay 26.87 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 latest p/e ratio is 26.87x.

- NELCAST 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 25.12x.

- NELCAST 's operated at median p/e ratio of 20.68x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NELCAST 's p/e ratio peaked in Mar2022 at 38.53x.

- 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 RatioMarket Cap
NELCAST 52.5126.871,411.1
AIA ENGINEERING LTD1,215.8924.7530,092.6
PTC INDUSTRIES LTD125.60308.9338,799.8
STEELCAST LTD90.6940.743,694.8
ALICON CASTALLOY LTD36.5738.391,403.9
SYNERGY GREEN INDUSTRIES LTD-16.27-52.02846.3
UNI ABEX ALLOY PRODUCTS LTD281.562.86804.5
INVESTMENT & PRECISION CASTINGS LTD14.5895.601,393.5
MAGNA ELECTRO CASTINGS LTD15.5434.13530.4
SIMPLEX CASTINGS LTD23.3822.22519.6
NITIN CASTINGS LTD11.7519.46228.7

Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs NELCAST 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -52.02x
Max industry PE 308.93x
Median industry PE 26.87x
Average industry PE 51.08x



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