MAGNAELQCastings & Forgings
Magna Electro Castings Ltd — PE Ratio & Valuation Analysis
₹893.00
-5.53%
Current P/E18.59xPrice to earnings
Industry P/E28.08xSector average
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33.8% Discount to Industry
MAGNAELQ P/E 18.59x vs sector avg 28.08x
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Understanding Magna Electro Castings Ltd Valuation
Magna Electro Castings Ltd (MAGNAELQ) currently trades at 18.59x earnings. The Castings & Forgings sector average PE is 28.08x. MAGNAELQ is trading at a discount to peers — may indicate relative value. 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
19.38%
Dividend Yield
0.63%
More on Magna Electro Castings Ltd
Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.