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NESCO
PE (Price/Earnings) Ratio

The Current P/E Ratio of NESCO is 22.51.

Share Price ₹1,198.0Jul 11,2025
Market Cap ₹8,445.5 Cr
Earnings-TTM₹375.2 CrTTM-Standalone Results
Price/Earnings22.51xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NESCO

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 NESCO is calculated as :

Current Market Cap [ ₹8,445.5 Cr] as on Jul 11,2025

(/) Earnings [ ₹375.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 22.51x ]

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

Thus, for NESCO , the investors are currently willing to pay 22.51 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 latest p/e ratio is 22.51x.

- 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 RatioMarket Cap
NESCO 375.2222.518,445.5
BHARAT HEAVY ELECTRICALS LTD474.89189.6590,063.6
THERMAX LTD626.9465.8741,293.6
JYOTI CNC AUTOMATION LTD316.0173.0723,089.1
TRIVENI TURBINE LTD358.5057.1220,479.2
KIRLOSKAR BROTHERS LTD403.3043.1317,394.1
ELECON ENGINEERING COMPANY LTD510.9027.2613,925.1
PRAJ INDUSTRIES LTD218.9341.619,109.8
KIRLOSKAR OIL ENGINES LTD475.0928.0313,317.0
TEGA INDUSTRIES LTD195.6557.3811,225.9
SHRIRAM PISTONS & RINGS LTD515.5620.4810,561.0

Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs NESCO 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 20.48x
Max industry PE 189.65x
Median industry PE 43.13x
Average industry PE 56.92x



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