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Electrosteel Castings Ltd P/E Ratio

Electrosteel Castings Ltd P/E Ratio

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Electrosteel Castings Ltd

NSE: ELECTCAST

PE

14.3

Last updated : 19 May 02:31 AM

Key Highlights

    The P/E Ratio of Electrosteel Castings Ltd is 14.3 as of 19 May 02:31 AM .a1#The P/E Ratio of Electrosteel Castings Ltd changed from 21.3 on March 2019 to 6.1 on March 2023 . This represents a CAGR of -22.13% over 5 years. a1#The Latest Trading Price of Electrosteel Castings Ltd is ₹ 178.15 as of 18 May 15:30 .a1#The PE Ratio of Castings, Forgings & Fastners Industry has changed from 22.8 to 30.0 in 5 years. This represents a CAGR of 5.64%a1# The PE Ratio of Automobile industry is 27.2. The PE Ratio of Castings, Forgings & Fastners industry is 30.0. The PE Ratio of Finance industry is 13.6. The PE Ratio of IT - Software industry is 27.9. The PE Ratio of Retail industry is 94.8. The PE Ratio of Textiles industry is 21.1. In 2023a1#The Market Cap of Electrosteel Castings Ltd changed from ₹ 810.96 crore on March 2019 to ₹ 1909 crore on March 2023 . This represents a CAGR of 18.69% over 5 years. a1#The Revenue of Electrosteel Castings Ltd changed from ₹ 1783 crore to ₹ 2038 crore over 8 quarters. This represents a CAGR of 6.91% a1#The EBITDA of Electrosteel Castings Ltd changed from ₹ 219.51 crore to ₹ 345.57 crore over 8 quarters. This represents a CAGR of 25.47% a1#The Net Profit of Electrosteel Castings Ltd changed from ₹ 95.18 crore to ₹ 227.15 crore over 8 quarters. This represents a CAGR of 54.48% a1#The Dividend Payout of Electrosteel Castings Ltd changed from 13.18 % on March 2019 to 15.99 % on March 2023 . This represents a CAGR of 4.95% over 4 years. a1#

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P/E Ratio Over Time

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share. P/E Ratio Formula P/E ratio = (CMP of share/ Earning per share) Types of Price to Earning Ratio 1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance. 2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

P/E Ratio Over Time

Period
Mar '1921.3
Mar '202.5
Mar '210
Mar '226.8
Mar '236.1

Fundamental Metrics

Market Cap

10,592 Cr

EPS

12.4

P/E Ratio (TTM) *

14.3

P/B Ratio (TTM) *

2.1

Day’s High

180.65

Day’s Low

175.0

DTE *

0.5

ROE *

14.5

52 Week High

208.0

52 Week Low

42.9

ROCE *

15.0

* All values are consolidated

* All values are consolidated

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Electrosteel Castings Ltd

NSE: ELECTCAST

PRICE

178.15

4.20(2.41%)

stock direction

Last updated : 18 May 15:30

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PRICE

The current market price or CMP refers to the price at which the securities are trading in the share market. Current price in Over-the-counter costs: The following current price depends upon the bid price & the asking price when a financial asset is sold over-the-counter(OTC). Current Price in Bond Market: The current price of a bond is determined by measuring the actual interest rate against the bid-related interest rate. The par or the face value is then calculated to represent the remaining interest payments due which occur before the maturity of the bond.

Share price Over Time

1M

1Y

3Y

5Y

* All values are in Rupees

SWOT Analysis Of Electrosteel Castings Ltd

Strength

1

S

Weakness

0

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Electrosteel Castings Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value

Market Value

10,593

Asset Value

4,290

1.5 X

Value addition

* All values are in Rupees

PE Ratio Over Market Cap

Key Valuation Metric

Earnings

739 Cr

14.3 X

PE Ratio

Market Cap

₹10592Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio

PS Ratio

PB Ratio

Earnings

739 Cr

14.3 X

PE Ratio

Market Cap

₹10592Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Castings, Forgings & Fastners Industry over time

PE Ratio of Top Sectors

Electrosteel Castings Ltd PE Ratio Calculation

  • The Price-to-Earnings (PE) ratio, also known as the P/E Ratio, is a fundamental financial metric used to assess the valuation of a company's stock in relation to its earnings performance. For Electrosteel Castings Ltd, the PE Ratio is calculated as follows:

P/E Ratio

=

Market Capitalization

Net Income

  • Given the current market conditions, Electrosteel Castings Ltd's Share Price stands at 178.15. The Earnings per Share (Diluted) for the trailing twelve months (TTM) ending in 2024-05-18T00:00:00 is 12.44. Substituting the values into the formula, PE Ratio becomes as follows: PE Ratio = 178.15/ 12.44= 14.32.

P/E Ratio

=

Stock Price

Earning Per Share

  • This indicates that Electrosteel Castings Ltd's stock is trading at approximately 14.32 times its earnings per share for the trailing twelve months. Alternatively, the PE Ratio can also be computed using the company's overall financial performance: PE Ratio = Market Cap / Net Income. Where Market Cap represents the total market capitalization of the company, and Net Income signifies the total earnings after expenses and taxes.

Understanding Electrosteel Castings Ltd’s PE Ratio (BSE: ELECTCAST)

    The Price-to-Earnings (PE) ratio, used to assess Electrosteel Castings Ltd's stock (BSE: ELECTCAST), indicates how many years it would take for the company to earn back the stock price. If a company earns ₹2 per share annually and its stock trades at ₹30, the PE ratio is 15, signifying a 15-year payback period assuming steady earnings. Earnings fluctuate, affecting the payback period, Growing earnings shorten the recovery time while declining earnings extend it. Shareholders favor shorter payback periods, preferring lower PE stocks. Among stocks with the same PE ratio, faster-growing businesses are preferred. A company with losses makes the PE ratio meaningless. Peter Lynch introduced the PEG ratio to compare stocks with different growth rates, dividing the PE ratio by the growth rate. A company is considered fairly valued when its PE ratio matches its growth rate. The PE ratio, applicable across industries, measures stock valuation based on earnings power. It indicates how quickly an investment can be recouped. Unlike the PB ratio, which assesses valuation based on the balance sheet, the PE ratio focuses on earnings. Overall, the PE ratio provides insights into stock valuation, aligning with investors' preference for faster returns.

×

Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '19811
Mar '20397
Mar '211082
Mar '222349
Mar '231910

* All values are a in crore

×

Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '221783
Sep '221801
Dec '221867
Mar '221909
Jun '231712
Sep '231938
Dec '231892
Mar '232039

* All values are a in crore

×

EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '22220
Sep '22171
Dec '22203
Mar '22229
Jun '23187
Sep '23319
Dec '23429
Mar '23346

* All values are a in crore

×

Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '2295
Sep '2253
Dec '2279
Mar '2289
Jun '2375
Sep '23175
Dec '23263
Mar '23227

* All values are a in crore

×

Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '190
Mar '2013
Mar '218
Mar '2215
Mar '2316

* All values are a in %

About Electrosteel Castings Ltd

About Electrosteel Castings Ltd

    Electrosteel Castings Ltd is engaged in the business of manufacturing Ductile Iron (DI) Pipes, Ductile Iron Fittings (DIF) and Cast Iron (CI) Pipes. The Company is a water infrastructure company providing techno-economic solutions for water supply and sewerage systems. They also undertake turnkey solutions for water transportation and sewerage management, which include manufacturing DI Pipes, supplying and laying various types of pipes, operating the system and transferring to the owners. The company is headquartered at Kolkata and having their manufacturing facilities at Elavur in Tamilnadu, Khardah and Haldia in West Bengal. Electrosteel Castings Ltd was incorporated in November 26, 1955. In the year 1959, the company commissioned their first cast iron pipe factory at Khardah in West Bengal. They acquired another cast iron pipe manufacturing unit at Elavur in Tamilnadu in the year 1982. In the year 1994, the company set up a 60000 tpa DI spun pipe plant at Khardah, the first ever in India and in the year 1996, they commissioned their own mini-blast furnace. During the year 1998-99, the company expanded the production capacity of DI Pipes by 30000 tpa to 90000 tpa and Cast Iron Spun Pipes by 25000 tpa to 75000 tpa. During the year 1999-2000, they further increased the production capacity of DI Pipes by 30000 tpa to 120000 tpa. During the year 2000-01, the company increased the production capacity of DI Pipes by 30000 tpa to 150000 tpa and Mini Blast Furnace by 91000 to 200000 tpa. They further increased the production capacity of DI Pipes by 50000 in the year 2003 and 2006. Thus, the total production capacity increased to 250000 tpa. In December 24, 2001, the company entered the European market by incorporating a subsidiary, Electrosteel Europe SA in France. In March 2002, they entered into a strategic alliance with the promoters of Lance Group by which the company became involved in the management of Lance Industries Ltd and Lanco Kalahasthi Casting Ltd. Calcutta Steel Company Ltd was amalgamated with the company with effect from May 23, 2002. In February 2005, the company commissioned their 12 MW Power Plant at Haldia, which generates power using waste gas of Coke Oven Plant and Sponge Iron Plant. During the year 2006-07, they commissioned Pulverized Coal Injection System in Blast Furnace and Stamp Charging System in Coke Oven Plant at Khardah. During the year 2007-08, the company signed the mining lease agreement with the Government of Jharkhand for Coking Coal mine in Jharia Coalfield. They installed a Sinter Plant and a 33 KV sub-station. Engineering Exports Promotion Council, Eastern Region presented the Export Excellence Award to the company for the outstanding contribution in exports made during 2005-06. Also, Kolkata Port Trust awarded the certificate of Excellence in recognition of the tendering highest number of containers for the year 2006-07. The company plans to install a 12 MW power plant at Haldia, which will produce power from water from waste heat gas from coke oven batteries. They plan to construct a railway siding at Haldia to create facility for smooth movement of materials form the forthcoming coal mine at Parbatpur, Jharkhand and iron ore mine at Kodalibad, Jharkhand. They are also acquiring two wagon rakes under the Indian Railway's Wagon Investment Scheme (WIS) to part solve the logistics problem. The Company commissioned railway siding at Barajamda in April 2012. M/s. Electrosteel Bahrain Holding S.P.C. Company, Bahrain was incorporated as Subsidiary of the Company and M/s. Singardo International Pte. Ltd. Singapore ceased to be the Subsidiary during the year 2014-15. During the year 2018-19, Electrosteel Steels Limited ceased to be an Associate Company of the Company, with effect from 6 June 2018. During the year 2019-20, National Company Law Tribunal, Cuttack Bench, vide its order dated 2 September, 2019, approved Scheme of Amalgamation of Mahadev Vyapaar Pvt Ltd, wholly owned subsidiary, w.e.f. 1 April, 2014, with the Company, which got amalgamated with the Company. Subsequently, Mahadev Vyapaar Pvt Ltd has ceased to be a subsidiary of the Company. Electrosteel Thermal Power Limited ceased to be an Associate Company of the Company, with effect from 1 August, 2019. The Company commissioned Ferro Alloy Manufacturing Plant at Haldia in July 2019-20. The Amalgamation of Srikalahasthi Pipes Limited (SPL) with the Company was approved by the Board of Directors of the respective Companies on 5 October, 2020 with Appointed Date of 1 October, 2020. The National Company Law Tribunal (NCLT), Amravati had approved the said amalgamation vide its orders dated 22 November, 2021 and 14 December, 2021. The said amalgamation was also approved by the NCLT Cuttack vide its order dated 09 December, 2021. Consequent to the approval of the Scheme, SPL amalgamated with the Company and has ceased to be a a Subsidiary Company effective from 31 December, 2021. During the year 2021-22, in addition to existing 12 MW Captive Power Plant, 7.5 MW capacity Captive Power Plant was commissioned, at Srikalahasthi Unit, which is also being operated using the generation of steam from the waste gases of Coke Oven Plant. The new Power Plant has stabilized its operations and started generating 3.50 MW - 4 MW power on an average from August, 2022. Ferro Alloys Manufacturing facility was commissioned at Srikalahasthi in 2022.

Electrosteel Castings Ltd News Hub

News

Electrosteel Castings rises as Q4 PAT soars to Rs 227 cr

Revenue from operations grew by 7.04% year on year (YoY) to Rs 2,004.26 crore in the quart...

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14 May 2024 11:17

News

Board of Electrosteel Castings recommends Final Dividend

Electrosteel Castings announced that the Board of Directors of the Company at its meeting ...

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13 May 2024 15:26

News

Electrosteel Castings to convene board meeting

Electrosteel Castings will hold a meeting of the Board of Directors of the Company on 13 M...

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06 May 2024 15:01

News

Board of Electrosteel Castings recommends interim dividend

Electrosteel Castings announced that the Board of Directors of the Company at its meeting ...

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08 Feb 2024 14:22

News

Electrosteel Castings to announce Quarterly Result

Electrosteel Castings will hold a meeting of the Board of Directors of the Company on 8 Fe...

Read more

02 Feb 2024 12:55

News

Board of Electrosteel Castings approves allotment of 2.35 cr shares on conversion of warrants

The Board of Electrosteel Castings at its meeting held on 24 January 2024 has approved the...

Read more

24 Jan 2024 15:16

Product Composition by Percentage (Revenue)

FAQs for PE of Electrosteel Castings Ltd

What is Electrosteel Castings Ltd current share price?

The current market price of Electrosteel Castings Ltd as of May 19, 2024 is ₹178.15.

Is Electrosteel Castings Ltd a good investment?

As per BlinkX Score Electrosteel Castings Ltd scores 93 in Revenue, 89 in Profitability. However it's advisable to conduct comprehensive research or seek advice from experts to evaluate whether it aligns with your investment objectives.

What are Electrosteel Castings Ltd's total net assets?

According to Electrosteel Castings Ltd's most recent financial filings, the company's net assets total ₹4290.2 Cr.

Is Electrosteel Castings Ltd making a profit or loss?

Electrosteel Castings Ltd's net Profit as of May 19, 2024 is close to ₹739 Cr.
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