ELECONHeavy Electrical Equipment
Elecon Engineering Co Ltd — PE Ratio & Valuation Analysis
₹354.75
-3.86%
Current P/E24.53xPrice to earnings
Industry P/E47.05xSector average
4Y Avg P/E44.7x45.2% below avg
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47.9% Discount to Industry
ELECON P/E 24.53x vs sector avg 47.05x
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Historical PE Ratio
| Year | EPS (₹) | Year-end Price | PE Ratio |
|---|---|---|---|
| 2025 | ₹18.50 | ₹481 | 26x |
| 2024 | ₹7.92 | ₹635 | 80.1x |
| 2023 | ₹10.59 | ₹463 | 43.8x |
| 2022 | ₹6.26 | ₹182 | 29.1x |
PE = Year-end closing price ÷ Diluted EPS. Source: NSE/BSE filings.
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Understanding Elecon Engineering Co Ltd Valuation
Elecon Engineering Co Ltd (ELECON) currently trades at 24.53x earnings. The Heavy Electrical Equipment sector average PE is 47.05x. ELECON is trading at a discount to peers — may indicate relative value. Historically, ELECON has traded at an average PE of 44.7x — it is currently below that level. Always evaluate PE alongside earnings growth (PEG ratio), return on equity, debt levels and business quality. A lower PE isn't always better. Educational data only — not investment advice.
ROE
22.96%
Dividend Yield
0.41%
More on Elecon Engineering Co Ltd
Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.