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Welcast Steels Ltd PE Ratio

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Welcast Steels Ltd

NSE: WELCASTSTEELS

PE

42.1

Last updated on: Jan 15, 2025

Key Highlights

  • The P/E Ratio of Welcast Steels Ltd is 42.1 as of 15 Jan 15:30 PM .
  • The P/E Ratio of Welcast Steels Ltd changed from 14.2 on March 2023 to 18.8 on March 2024 . This represents a CAGR of 15.06% over 2 years.
  • The Latest Trading Price of Welcast Steels Ltd is ₹ 1271 as of 15 Jan 15:30 .
  • The PE Ratio of Capital Goods-Non Electrical Equipment Industry has changed from 24.3 to 45.9 in 5 years. This represents a CAGR of 13.56%.
  • The PE Ratio of Automobile industry is 20.3. The PE Ratio of Capital Goods-Non Electrical Equipment industry is 45.9. The PE Ratio of Finance industry is 17.8. The PE Ratio of IT - Software industry is 30.4. The PE Ratio of Retail industry is 157.6. The PE Ratio of Textiles industry is 36.9 in 2024.

Historical P/E Ratio of Welcast Steels Ltd

No data available

Company Fundamentals for Welcast Steels Ltd

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Welcast Steels Ltd

NSE: WELCASTSTEELS

Share Price

₹ 1271.95

13.95 (1.11%)

stock direction

Last updated on: Jan 15, 2025

Market Price of Welcast Steels Ltd

1M

1Y

3Y

5Y

Monitoring Welcast Steels Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
15 Jan 20251271.95
14 Jan 20251258
13 Jan 20251244.65
10 Jan 20251276.8
09 Jan 20251302.3
08 Jan 20251300.05
07 Jan 20251319.25
06 Jan 20251335
03 Jan 20251330
02 Jan 20251322

SWOT Analysis Of Welcast Steels Ltd

Strength

2

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Welcast Steels Ltd

Asset Value vs Market Value of Welcast Steels Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/E Ratio

Company
leftMarket Capright
Welcast Steels Ltd81.4
Cummins India Ltd79964
Thermax Ltd48009
Jyoti CNC Automation Ltd27145
Carborundum Universal Ltd23429

PE Ratio of Welcast Steels Ltd Explained

``

81.4

Market cap

1

Earnings

42.1X

PE 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 Capital Goods-Non Electrical Equipment Industry over time

PE Ratio of Top Sectors

Historical Market Cap of Welcast Steels Ltd

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Welcast Steels Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Historical Dividend Payout of Welcast Steels Ltd

No data available

* All values are in %

About Welcast Steels Ltd

  • Incorporated in February, 1972, Welcast Steels Ltd (WSL) manufactures and markets a wide range of High Chrome Grinding Media Balls which are used in the process of Crushing/Grinding in the Cement, Mining and Thermal Power Plants.
  • At present, the Company's manufacturing capacity is 42,000 p.a. of High Chrome Grinding Media Balls. The Company employs alloy-casting process for manufacture of the products, which require designing of alloys in relation to end application.
  • The casting process is followed by precision heat treatment to develop required end properties.
  • Therefore, Company can generally be classified as a foundry.
  • Since the Company's products are used in the cement, mining and thermal power plants, the market prospects are linked with the requirement of these industries. The Indian Cement Industry has been facing excess capacity in the recent past due to sluggish demand.

Welcast Steels Ltd News Hub

Welcast Steels reports standalone net loss of Rs 0.58 crore in the June 2024 quarter

Net loss of Welcast Steels reported to Rs 0.58 crore in the quarter ended June 2024 as against net p

Read more

08 Aug 2024

Welcast Steels to announce Quarterly Result

Welcast Steels will hold a meeting of the Board of Directors of the Company on 29 October 2024. Powe

Read more

19 Oct 2024

Welcast Steels reports standalone net loss of Rs 0.06 crore in the September 2024 quarter

Net loss of Welcast Steels reported to Rs 0.06 crore in the quarter ended September 2024 as against

Read more

29 Oct 2024

Product Composition by Percentage (Revenue)

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Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PE of Welcast Steels Ltd

What is the current PE Ratio of Welcast Steels Ltd?

The Current PE Ratio of Welcast Steels Ltd is 42.1 as on 15 Jan 2025.

What is the average PE Ratio of the Capital Goods-Non Electrical Equipment industry?

The average industry PE Ratio of Capital Goods-Non Electrical Equipment is 45.9 as on 15 Jan 2025.

What was the PE Ratio of Welcast Steels Ltd last year?

The PE Ratio of Welcast Steels Ltd was 14.2 last year, now the PE ratio is 42.1, showing a year-on-year growth of 196.5%.

What does the PE Ratio of Welcast Steels Ltd indicate about its stock?

The PE Ratio of Welcast Steels Ltd is 42.1. This ratio indicates that investors are willing to pay 42.1 times the earnings per share for each share of Welcast Steels Ltd.

What is the PE Ratio Growth of Welcast Steels Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Welcast Steels Ltd grew by 196.5% whereas, the EPS ratio grew by -90.0.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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