NESCO
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The Current P/E Ratio of NESCO is 23.84.
| Share Price | ₹1,358.3 | Oct 23,2025 |
| Market Cap | ₹9,575.7 Cr | |
| Earnings-TTM | ₹401.6 Cr | TTM-Standalone Results |
| Price/Earnings | 23.84x | 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 [ ₹9,575.7 Cr] as on Oct 23,2025
(/) Earnings [ ₹401.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 23.84x ]
Thus, for NESCO , the investors are currently willing to pay 23.84 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 | 401.63 | 23.84 | 9,575.7 |
| BHARAT HEAVY ELECTRICALS LTD | 231.33 | 352.53 | 81,549.9 |
| THERMAX LTD | 668.73 | 56.80 | 37,984.6 |
| JYOTI CNC AUTOMATION LTD | 336.51 | 62.10 | 20,896.8 |
| TRIVENI TURBINE LTD | 342.60 | 49.07 | 16,811.1 |
| KIRLOSKAR BROTHERS LTD | 403.10 | 38.01 | 15,321.2 |
| ELECON ENGINEERING COMPANY LTD | 513.07 | 24.70 | 12,674.1 |
| PRAJ INDUSTRIES LTD | 140.09 | 44.95 | 6,296.5 |
| KIRLOSKAR OIL ENGINES LTD | 453.51 | 28.68 | 13,005.4 |
| TEGA INDUSTRIES LTD | 194.08 | 66.20 | 12,848.3 |
| SHRIRAM PISTONS & RINGS LTD | 533.30 | 22.27 | 11,878.0 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs NESCO 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 22.27x |
| Max industry PE | 352.53x |
| Median industry PE | 44.95x |
| Average industry PE | 69.92x |
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