NESCO
|
The Current P/E Ratio of NESCO is 21.76.
Share Price | ₹1,158.3 | Jul 09,2025 |
Market Cap | ₹8,165.7 Cr | |
Earnings-TTM | ₹375.2 Cr | TTM-Standalone Results |
Price/Earnings | 21.76x | Calculated as Market Cap/Earnings |
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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 [ ₹8,165.7 Cr] as on Jul 09,2025
(/) Earnings [ ₹375.2 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 21.76x ]
Thus, for NESCO , the investors are currently willing to pay 21.76 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 Mar2024 to Mar2020 averaged 17.10x.
- NESCO 's operated at median p/e ratio of 16.11x 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 | 375.22 | 21.76 | 8,165.7 |
BHARAT HEAVY ELECTRICALS LTD | 474.89 | 192.11 | 91,230.1 |
THERMAX LTD | 626.94 | 65.11 | 40,817.6 |
JYOTI CNC AUTOMATION LTD | 316.01 | 73.22 | 23,139.2 |
TRIVENI TURBINE LTD | 358.50 | 57.05 | 20,453.8 |
KIRLOSKAR BROTHERS LTD | 403.30 | 44.05 | 17,764.2 |
ELECON ENGINEERING COMPANY LTD | 406.97 | 36.39 | 14,808.2 |
PRAJ INDUSTRIES LTD | 218.93 | 41.64 | 9,117.1 |
KIRLOSKAR OIL ENGINES LTD | 475.09 | 25.46 | 12,097.5 |
TEGA INDUSTRIES LTD | 195.65 | 59.36 | 11,614.4 |
SHRIRAM PISTONS & RINGS LTD | 515.56 | 21.13 | 10,895.7 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs NESCO 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 21.13x |
Max industry PE | 192.11x |
Median industry PE | 44.05x |
Average industry PE | 57.94x |
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