NITINCASTCastings & Forgings
Nitin Castings Ltd — PE Ratio & Valuation Analysis
₹574.95
+1.03%
Current P/E22.14xPrice to earnings
Industry P/E28.08xSector average
4Y Avg P/E29.5x24.9% below avg
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21.2% Discount to Industry
NITINCAST P/E 22.14x vs sector avg 28.08x
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Historical PE Ratio
| Year | EPS (₹) | Year-end Price | PE Ratio |
|---|---|---|---|
| 2024 | ₹23.59 | ₹695 | 29.5x |
PE = Year-end closing price ÷ Diluted EPS. Source: NSE/BSE filings.
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Understanding Nitin Castings Ltd Valuation
Nitin Castings Ltd (NITINCAST) currently trades at 22.14x earnings. The Castings & Forgings sector average PE is 28.08x. NITINCAST is trading at a discount to peers — may indicate relative value. Historically, NITINCAST has traded at an average PE of 29.5x — 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
13.43%
Dividend Yield
0.61%
More on Nitin Castings Ltd
Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.