NELCASTCastings & Forgings
Nelcast Ltd — PE Ratio & Valuation Analysis
₹114.94
-1.82%
Current P/E26.46xPrice to earnings
Industry P/E28.08xSector average
4Y Avg P/E37.7x29.8% below avg
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5.8% Discount to Industry
NELCAST P/E 26.46x vs sector avg 28.08x
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Historical PE Ratio
| Year | EPS (₹) | Year-end Price | PE Ratio |
|---|---|---|---|
| 2025 | ₹4.29 | ₹104 | 24.3x |
| 2024 | ₹6.25 | ₹124 | 19.8x |
| 2023 | ₹3.42 | ₹158 | 46.2x |
| 2022 | ₹1.64 | ₹99 | 60.5x |
PE = Year-end closing price ÷ Diluted EPS. Source: NSE/BSE filings.
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Understanding Nelcast Ltd Valuation
Nelcast Ltd (NELCAST) currently trades at 26.46x earnings. The Castings & Forgings sector average PE is 28.08x. NELCAST is trading at a discount to peers — may indicate relative value. Historically, NELCAST has traded at an average PE of 37.7x — 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
6.48%
Dividend Yield
0.45%
More on Nelcast Ltd
Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.