NESCO
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The Current P/E Ratio of NESCO is 18.63.
| Share Price | ₹1,079.3 | Apr 06,2026 |
| Market Cap | ₹7,608.7 Cr | |
| Earnings-TTM | ₹408.4 Cr | TTM-Standalone Results |
| Price/Earnings | 18.63x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of NESCO
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹7,608.7 Cr] as on Apr 06,2026
(/) Earnings [ ₹408.4 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 18.63x ]
Thus, for NESCO , the investors are currently willing to pay 18.63 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 NESCO !
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 NESCO over the last five years.
Historical PE (Price/Earnings) ratio chart of NESCO
PE Ratio Performance Analysis for NESCO
- NESCO 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 17.58x.
- NESCO 's operated at median p/e ratio of 17.14x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NESCO 's p/e ratio peaked in Mar2021 at 21.54x.
- NESCO 's p/e ratio hit its five-year low in Mar2023 of 12.54x.
How does NESCO 's P/E Ratio benchmark against top 10 peers in Engineering - Industrial Equipments Industry?
| Peer Comparison (Engineering - Industrial Equipments Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| NESCO | 408.37 | 18.63 | 7,608.7 |
| BHARAT HEAVY ELECTRICALS LTD | 760.05 | 112.56 | 85,554.3 |
| THERMAX LTD | 681.12 | 57.34 | 39,055.3 |
| JYOTI CNC AUTOMATION LTD | 354.40 | 49.17 | 17,425.2 |
| TRIVENI TURBINE LTD | 343.10 | 42.50 | 14,581.8 |
| KIRLOSKAR BROTHERS LTD | 380.50 | 29.88 | 11,370.6 |
| ELECON ENGINEERING COMPANY LTD | 478.54 | 18.38 | 8,797.6 |
| PRAJ INDUSTRIES LTD | 52.05 | 121.69 | 6,334.2 |
| KIRLOSKAR OIL ENGINES LTD | 529.06 | 38.87 | 20,563.2 |
| TEGA INDUSTRIES LTD | 195.99 | 65.80 | 12,895.3 |
| SHRIRAM PISTONS & RINGS LTD | 554.24 | 23.57 | 13,061.2 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs NESCO 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 18.38x |
| Max industry PE | 121.69x |
| Median industry PE | 42.50x |
| Average industry PE | 52.58x |
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