NITIN CASTINGS
|
The Current P/E Ratio of NITIN CASTINGS is 29.53.
| Share Price | ₹440.0 | Oct 07,2026 |
| Market Cap | ₹224.4 Cr | |
| Earnings-TTM | ₹7.6 Cr | TTM-Standalone Results |
| Price/Earnings | 29.53x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of NITIN CASTINGS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹224.4 Cr] as on Oct 07,2026
(/) Earnings [ ₹7.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 29.53x ]
Thus, for NITIN CASTINGS , the investors are currently willing to pay 29.53 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 NITIN CASTINGS !
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 NITIN CASTINGS over the last five years.
Historical PE (Price/Earnings) ratio chart of NITIN CASTINGS
PE Ratio Performance Analysis for NITIN CASTINGS
- NITIN CASTINGS 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 20.40x.
- NITIN CASTINGS 's operated at median p/e ratio of 25.81x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NITIN CASTINGS 's p/e ratio peaked in Mar2025 at 27.5x.
- NITIN CASTINGS 's p/e ratio hit its five-year low in Mar2021 of 9.71x.
How does NITIN CASTINGS 's P/E Ratio benchmark against top 10 peers in Castings/Forgings Industry?
| Peer Comparison (Castings/Forgings Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| NITIN CASTINGS | 7.60 | 29.53 | 224.4 |
| AIA ENGINEERING LTD | 1,250.44 | 28.80 | 36,006.7 |
| PTC INDUSTRIES LTD | 125.60 | 295.04 | 37,055.9 |
| STEELCAST LTD | 90.69 | 41.56 | 3,768.7 |
| NELCAST LTD | 41.07 | 31.23 | 1,282.4 |
| ALICON CASTALLOY LTD | 36.57 | 40.39 | 1,477.2 |
| SYNERGY GREEN INDUSTRIES LTD | -8.83 | -107.73 | 950.7 |
| UNI ABEX ALLOY PRODUCTS LTD | 281.56 | 3.08 | 866.3 |
| INVESTMENT & PRECISION CASTINGS LTD | 14.58 | 107.59 | 1,568.4 |
| MAGNA ELECTRO CASTINGS LTD | 15.54 | 34.97 | 543.6 |
| SIMPLEX CASTINGS LTD | 23.38 | 23.70 | 554.0 |
Castings/Forgings Industry Benchmark (Top 10) PE Analysis vs NITIN CASTINGS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -107.73x |
| Max industry PE | 295.04x |
| Median industry PE | 31.23x |
| Average industry PE | 48.01x |
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