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Welcast Steels Ltd PE Ratio

Welcast Steels Ltd PE Ratio

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₹ 0.4 Cr

Volume transacted

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2.8 K

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Last Updated time: 11 Oct 9.00 AM

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Welcast Steels Ltd

NSE: WELCASTSTEELS

PE

23

Last updated: 11 Oct 9.00 AM

Key Highlights

  • The P/E Ratio of Welcast Steels Ltd is 23 as of 11 Oct 9.00 AM.
  • The P/E Ratio of Welcast Steels Ltd changed from 20.4 on March 2019 to 18.8 on March 2024 . This represents a CAGR of -1.35% over 6 years. .
  • The Latest Trading Price of Welcast Steels Ltd is ₹ 1463 as of 11 Oct 15:30.
  • The PE Ratio of Capital Goods-Non Electrical Equipment Industry has changed from 10.5 to 33.9 in 5 years. This represents a CAGR of 26.42%.
  • The PE Ratio of Automobile industry is 21.8. The PE Ratio of Capital Goods-Non Electrical Equipment industry is 46.3. The PE Ratio of Finance industry is 17.8. The PE Ratio of IT - Software industry is 30.3. The PE Ratio of Retail industry is 158.1. The PE Ratio of Textiles industry is 37.6. In 2024.

Historical P/E Ratio of Welcast Steels Ltd

No data available

Company Fundamentals for Welcast Steels Ltd

No data available

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Welcast Steels Ltd

NSE: WELCASTSTEELS

PRICE

1463.65

98.80 (7.24%)

stock direction

Last updated: 11 Oct 15:30

Market price Over Time

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
leftPriceleft
11 Oct 20241463.65
10 Oct 20241364.85
09 Oct 20241331.8
08 Oct 20241320
07 Oct 20241222.55
04 Oct 20241309.65
03 Oct 20241363.15
01 Oct 20241359.95
30 Sep 20241339.3
27 Sep 20241345

SWOT Analysis Of Welcast Steels Ltd

Strength

2

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Welcast Steels Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Welcast Steels Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/E Ratio

Company NamePEMarket Cap (INR Cr.)
Welcast Steels Ltd2293
Cummins India Ltd541,00,118
Thermax Ltd10161,492
Carborundum Universal Ltd7227,950
Grindwell Norton Ltd7026,746
Jyoti CNC Automation Ltd11925,778

Key Valuation Metric of Welcast Steels Ltd

No data available

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 of Welcast Steels Ltd

No data available

* All values are in crore

Historical EBITDA of Welcast Steels Ltd

No data available

* All values are in crore

Historical Net Profit of Welcast Steels Ltd

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

News

Welcast Steels to conduct board meeting

Welcast Steels will hold a meeting of the Board of Directors of the Company on 7 August 20...

Read more

31 Jul 202410:16

News

Board of Welcast Steels recommends final dividend

Welcast Steels announced that the Board of Directors of the Company at its meeting held on...

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14 May 202410:01

News

Welcast Steels to hold AGM

Welcast Steels announced that the 52th Annual General Meeting(AGM) of the company will be ...

Read more

14 May 202410:01

News

Welcast Steels to conduct board meeting

Welcast Steels will hold a meeting of the Board of Directors of the Company on 13 May 2024...

Read more

04 May 202414:22

News

Welcast Steels announces board meeting date

Welcast Steels will hold a meeting of the Board of Directors of the Company on 2 February ...

Read more

24 Jan 202413:43

News

Welcast Steels to conduct board meeting

Welcast Steels will hold a meeting of the Board of Directors of the Company on 18 December...

Read more

14 Dec 202310:06

Product Composition

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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 22.97 as on 11 Oct 2024.

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 46.3 as on 11 Oct 2024.

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 22.97, showing a year-on-year growth of 61.8%.

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

The PE Ratio of Welcast Steels Ltd is 22.97. This ratio indicates that investors are willing to pay 22.97 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 61.8% whereas, the EPS ratio grew by -143.2.
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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