NESCO
|
The Current P/E Ratio of NESCO is 19.73.
| Share Price | ₹1,142.9 | Feb 25,2026 |
| Market Cap | ₹8,057.1 Cr | |
| Earnings-TTM | ₹408.4 Cr | TTM-Standalone Results |
| Price/Earnings | 19.73x | 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 [ ₹8,057.1 Cr] as on Feb 25,2026
(/) Earnings [ ₹408.4 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 19.73x ]
Thus, for NESCO , the investors are currently willing to pay 19.73 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 | 19.73 | 8,057.1 |
| BHARAT HEAVY ELECTRICALS LTD | 760.05 | 121.34 | 92,222.5 |
| THERMAX LTD | 681.12 | 55.58 | 37,855.4 |
| JYOTI CNC AUTOMATION LTD | 354.40 | 53.86 | 19,087.6 |
| TRIVENI TURBINE LTD | 343.10 | 45.93 | 15,759.5 |
| KIRLOSKAR BROTHERS LTD | 380.50 | 33.27 | 12,660.2 |
| ELECON ENGINEERING COMPANY LTD | 478.54 | 19.85 | 9,497.7 |
| PRAJ INDUSTRIES LTD | 52.05 | 109.56 | 5,702.8 |
| KIRLOSKAR OIL ENGINES LTD | 529.06 | 38.42 | 20,328.6 |
| TEGA INDUSTRIES LTD | 195.99 | 70.79 | 13,874.2 |
| SHRIRAM PISTONS & RINGS LTD | 554.24 | 24.99 | 13,852.1 |
Engineering - Industrial Equipments Industry Benchmark (Top 10) PE Analysis vs NESCO 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 19.73x |
| Max industry PE | 121.34x |
| Median industry PE | 45.93x |
| Average industry PE | 53.94x |
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