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Welcast Steels PE Ratio

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Welcast Steels Ltd

NSE: WELCASTSTEELS

PE

85.2

Last updated on: May 08, 2025

Key Highlights

  • The P/E Ratio of Welcast Steels Ltd is 85.2 as of 08 May 9.00 AM .
  • 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 ₹ 1090 as of 07 May 15:30 .
  • The PE Ratio of Capital Goods-Non Electrical Equipment Industry has changed from 24.1 to 46.0 in 5 years. This represents a CAGR of 13.80%.
  • The PE Ratio of Automobile industry is 20.3. The PE Ratio of Capital Goods-Non Electrical Equipment industry is 46.0. The PE Ratio of Finance industry is 17.8. The PE Ratio of IT - Software industry is 26.1. The PE Ratio of Retail industry is 139.8. The PE Ratio of Textiles industry is 37.1 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

₹ 1090

0.05 (0.00%)

stock direction

Last updated on: May 07, 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
07 May 20251090
06 May 20251089.95
05 May 20251081.9
02 May 20251070.2
30 Apr 20251057.2
29 Apr 20251141.2
28 Apr 20251130.05
25 Apr 20251113.35
24 Apr 20251150
23 Apr 20251168

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 Ltd69.76
Cummins India Ltd78840
Thermax Ltd38539
Jyoti CNC Automation Ltd26632
Carborundum Universal Ltd18312
Grindwell Norton Ltd17148

PE Ratio of Welcast Steels Ltd Explained

69.76

Market cap

0

Earnings

85.2X

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 24

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 24

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 24

Welcast Steels to announce Quarterly Result

Welcast Steels will hold a meeting of the Board of Directors of the Company on 6 February 2025. Powe

Read more

28 Jan 25

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 85.16 as on 8 May 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 46.0 as on 8 May 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 85.16, showing a year-on-year growth of 499.7%.

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

The PE Ratio of Welcast Steels Ltd is 85.16. This ratio indicates that investors are willing to pay 85.16 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 499.7% whereas, the EPS ratio grew by -294.5.

How does the PE ratio of Welcast Steels Ltd compare to industry peers?

The PE ratio of Welcast Steels Ltd PE Ratio can indicate whether it is overvalued or undervalued compared to competitors in the same industry. A lower PE ratio may suggest an undervalued stock, while a higher PE ratio could indicate premium pricing.

Is a high PE ratio for Welcast Steels Ltd PE Ratio good or bad?

A high PE ratio may indicate strong future growth expectations, but it can also suggest overvaluation. It is best to compare it with industry averages and historical trends of Welcast Steels Ltd PE Ratio.

What factors influence the PE ratio of Welcast Steels Ltd PE Ratio?

The PE ratio of Welcast Steels Ltd PE Ratio is influenced by factors such as earnings growth, investor sentiment, macroeconomic conditions, and sector trends.

How often does the PE ratio of Welcast Steels Ltd PE Ratio change?

The PE ratio changes as the share price or earnings of Welcast Steels Ltd PE Ratio fluctuate, and it is updated whenever there is a significant movement in either of these factors.

Where can I find the latest PE ratio of Welcast Steels Ltd PE Ratio?

You can check the latest PE ratio of Welcast Steels Ltd PE Ratio on BlinkX Website above or any other stock market platforms, or at the company’s official website.

What is a good PE ratio for Welcast Steels Ltd PE Ratio?

A "good" PE ratio depends on industry standards and market conditions. It is advisable to compare Welcast Steels Ltd PE ratio with its historical average and competitors.

Can the PE ratio of Welcast Steels Ltd PE Ratio predict future stock performance?

While the Welcast Steels Ltd PE ratio is a useful indicator of valuation, it should be used alongside other financial metrics and market analysis to make informed investment decisions.
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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