ESSARSHPNGShipping

Essar Shipping Ltd โ€” PE Ratio & Valuation Analysis

โ‚น21.69
-6.28%
Current P/E11.50xPrice to earnings
Industry P/E13.10xSector average
4Y Avg P/E0.4x2775.0% above avg
โœ…
12.2% Discount to Industry
ESSARSHPNG P/E 11.50x vs sector avg 13.10x
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Historical PE Ratio

20230.4x
YearEPS (โ‚น)Year-end PricePE Ratio
2023โ‚น79.73โ‚น320.4x

PE = Year-end closing price รท Diluted EPS. Source: NSE/BSE filings.

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Understanding Essar Shipping Ltd Valuation

Essar Shipping Ltd (ESSARSHPNG) currently trades at 11.50x earnings. The Shipping sector average PE is 13.10x. ESSARSHPNG is trading at a discount to peers โ€” may indicate relative value. Historically, ESSARSHPNG has traded at an average PE of 0.4x โ€” it is currently above 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 โ€” not investment advice.

ROE
N/A
Dividend Yield
0.00%

Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.