Elgi Equipments P/E Ratio
Elgi Equipments (ELGIEQUIP) P/E ratio is 42.83 (High), EPS (TTM) ₹13.65, current price ₹577.30 on NSE vs historical average P/E of 31.93 (77.8th percentile) — Very High - High growth expectations or significantly overvalued. For live price, revenue and the complete fundamental profile, see Elgi Equipments share price today.
Current Valuation Metrics
Valuation Signal
Sector Context
Earnings Breakdown (TTM)
ELGIEQUIP P/E Ratio — Valuation Signal & Historical Context
Elgi Equipments P/E 42.83 vs historical average 31.93, range 13.87–52.88 — signal: Overvalued. See ELGIEQUIP book value comparison to compare market price against book value per share.
- Stock appears overvalued with PE of 42.83, suggesting caution for new investments
- Current PE is 34.1% above historical average
Elgi Equipments P/E Ratio Historical Trend
ELGIEQUIP annual price-to-earnings ratio — 9 years, EPS and year-end price. Current P/E 42.83 vs historical average 31.93. Read ELGIEQUIP dividend track record for the complete payout history and dividend yield track record.
ELGIEQUIP Historical P/E Ratio — EPS, Year-End Price & Valuation
Elgi Equipments annual P/E ratio, EPS (₹), year-end price and valuation category on NSE.
| Year | P/E Ratio | EPS (₹) | Year-end Price (₹) | Exchange | Valuation |
|---|---|---|---|---|---|
| 2025 | 45.11 | 12.8 | ₹577.40 | NSE | High |
| 2024 | 52.88 | 10.25 | ₹542.05 | NSE | High |
| 2023 | 32.7 | 12.83 | ₹419.55 | NSE | High |
| 2022 | 35.24 | 8.65 | ₹304.85 | NSE | High |
| 2021 | 34.07 | 4.7 | ₹160.15 | NSE | High |
| 2019 | 31.61 | 4.1 | ₹129.60 | NSE | High |
| 2018 | 25.94 | 5.97 | ₹154.85 | NSE | High |
| 2017 | 15.97 | 5.62 | ₹89.75 | NSE | Moderate |
| 2016 | 13.87 | 4.68 | ₹64.90 | NSE | Low |
ELGIEQUIP vs Industrial Products Peers — P/E Ratio Comparison
Elgi Equipments P/E 42.83 vs Industrial Products average 41.22, median 22.07 — range 0.07–550.0.
| Company | Symbol | P/E Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Bengal Steel Industries | BENGALS | 0.07 | - | Low |
| Nova Iron & Steel | NOVIS | 0.31 | ₹45 | Low |
| Meenakshi Steel Industri… | MEENST | 0.32 | ₹1 | Low |
| Taparia Tools | TAPARIA | 0.35 | ₹54 | Low |
| Shah Alloys | SHAHALLOYS | 1.32 | ₹136 | Low |
| SMVD Poly Pack | SMVD | 1.34 | ₹15 | Low |
| Pradhin | PRADHIN | 1.9 | ₹20 | Low |
| Advance Multitech | ADVMULT | 1.93 | ₹2 | Low |
| Unison Metals | UNISON | 2.76 | ₹20 | Low |
| Rollatainers | ROLLT | 3.18 | ₹53 | Low |