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Classic Electrodes (India)NSE:CLASSICEIL -4.92%15 Owner Earnings per Share (TTM) is 3.32 as of Mar. 2026, which is 79% below its 10-year median of 15.78. GuruFocus rates NSE:CLASSICEIL with a GF Score™ of 15/100. Among 1,390 Industrial Products companies, Classic Electrodes (India) ranks better than 68.49% on this metric.
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
Classic Electrodes (India)'s Owner Earnings per Share (TTM) ended in Mar. 2026 was ₹3.32. It's Price-to-Owner-Earnings ratio for today is 16.31.
The historical rank and industry rank for Classic Electrodes (India)'s Owner Earnings per Share (TTM) or its related term are showing as below:
NSE:CLASSICEIL'
s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 11.67 Med: 15.78 Max: 18.3
Current: 16.31
NSE:CLASSICEIL's Price-to-Owner-Earnings is ranked better than 68.49% of 1390
companies
in the Industrial Products industry
Industry Median: 28.46
vs NSE:CLASSICEIL: 16.31
Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.
Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.
Classic Electrodes (India) Owner Earnings per Share (TTM) Related Terms
Classic Electrodes (India) Owner Earnings per Share (TTM) Historical Data
* Premium members only.
The historical data trend for Classic Electrodes (India)'s Owner Earnings per Share (TTM) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Classic Electrodes (India) Owner Earnings per Share (TTM) Chart
NSE:CLASSICEIL vs VRT, BE: Owner Earnings per Share (TTM) Comparison
For the Electrical Equipment & Parts subindustry, Classic Electrodes (India)'s Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Classic Electrodes (India) Price-to-Owner-Earnings vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Classic Electrodes (India)'s Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Classic Electrodes (India)'s Price-to-Owner-Earnings falls into.
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
3. Other non-cash charges usually include "Stock Based Compensation" and "Change In Deferred Tax":
However, to be conservative, GuruFocus will not add Stock Based Compensation back to net income.
Classic Electrodes (India)'s Change In Deferred Tax for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil.
4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = ₹45 Mil
It is usually best to take a long-term average of maintenance capital expenditure. Ideally this would be as long as 10 years and include at least one economic downturn. However, since many companies do not have as long as 10-year history, here GuruFocus uses the latest 5 years data to do the calculation. To smooth out unusual years but reflect recent developments, we take an average of the 5 year maintenance capital expenditure.
The following shows how to get maintenance capital expenditure.
First, calculate the revenue change regarding to the previous year. If the revenue decreased from the previous year, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous year, then calculate the percentage of Net PPE as of corresponding Revenue.
Growth Capital Expenditure = Percentage of Property, Plant and Equipment as of corresponding Revenue * Revenue Increase
Third, calculate Capital Expenditure (positive) - Growth Capital Expenditure.
If [Capital Expenditure (positive) - Growth Capital Expenditure] was negative, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
If [Capital Expenditure (positive) - Growth Capital Expenditure] was positive, then the Maintenance Capital Expenditure = Capital Expenditure (positive) - Growth Capital Expenditure.
Fourth, get the average of the 5 years maintenance capital expenditure.
Classic Electrodes (India)'s 5-Year Average Maintenance Capital Expenditure = ₹45 Mil
5. "Change In Working Capital" is from cashflow statement. Classic Electrodes (India)'s Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-54 Mil.
Note: GuruFocus' Change in Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And sometimes it includes non-current parts of assets and liabilities.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Owner Earnings per Share (TTM) of 3.32 mean?
Classic Electrodes (India) (NSE:CLASSICEIL) has a Owner Earnings per Share (TTM) of 3.32 as of Mar. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Classic Electrodes (India). This is 79% below median its historical median of 15.78. Over the past decade, Classic Electrodes (India)'s Owner Earnings per Share (TTM) has ranged from 11.67 to 18.30. According to the industry distribution chart, Classic Electrodes (India) ranks #438 out of 1390 companies in the Industrial Products industry, placing it in the top 31.5%.
Is Classic Electrodes (India)'s Owner Earnings per Share (TTM) too high?
Classic Electrodes (India)'s current Owner Earnings per Share (TTM) of 3.32 is 79% below median its 10-year median of 15.78. Over the past 10 years, this metric has ranged from a low of 11.67 to a high of 18.30. The Industrial Products industry median Owner Earnings per Share (TTM) is 28.46. Classic Electrodes (India)'s value of 3.32 is 88.3% below this industry median. Based on the distribution chart, Classic Electrodes (India) ranks #438 out of 1390 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Classic Electrodes (India) has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Classic Electrodes (India)'s Owner Earnings per Share (TTM) compare to VRT and BE?
According to the Industrial Products industry distribution chart, Classic Electrodes (India) ranks #438 out of 1390 companies for Owner Earnings per Share (TTM). This puts Classic Electrodes (India) in the upper half of its industry. The industry median Owner Earnings per Share (TTM) is 28.46. Classic Electrodes (India)'s value of 3.32 is 88.3% below this benchmark. Historically, Classic Electrodes (India)'s own Owner Earnings per Share (TTM) has ranged from 11.67 to 18.30 over the past decade. While the company's 10-year median is 15.78 vs. the industry median of 28.46, Classic Electrodes (India) has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Owner Earnings per Share (TTM) for an Industrial Products company?
The median Owner Earnings per Share (TTM) among Industrial Products companies is 28.46, based on 1,390 companies in the industry. Companies in the top quartile (top 25%) have a Owner Earnings per Share (TTM) significantly above this median, while those in the bottom quartile fall well below. However, Owner Earnings per Share (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Classic Electrodes (India)'s current Owner Earnings per Share (TTM) of 3.32 is 88.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Owner Earnings per Share (TTM) mean?
A high Owner Earnings per Share (TTM) can signal that a stock is expensive relative to its fundamentals. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Classic Electrodes (India). For the Industrial Products industry, the median Owner Earnings per Share (TTM) is 28.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Classic Electrodes (India)'s current Owner Earnings per Share (TTM) is 3.32, which is 79% below median its own 10-year median of 15.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Classic Electrodes (India) stock overvalued right now?
Classic Electrodes (India) (NSE:CLASSICEIL) has a current Owner Earnings per Share (TTM) of 3.32. The current Owner Earnings per Share (TTM) is 3.32, which is 79% below median its 10-year median of 15.78 and 88.3% below the Industrial Products industry median of 28.46. Classic Electrodes (India)'s overall GF Score™ is 15/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Owner Earnings per Share (TTM) calculated?
Owner Earnings per Share (TTM) is calculated from a company's financial statements. For Classic Electrodes (India) (NSE:CLASSICEIL), the current Owner Earnings per Share (TTM) is 3.32 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Classic Electrodes (India) Ltd is engaged in the business of manufacturing welding electrodes and providing engineering solutions to customers both in domestic and international market. It provides a wide range of product offerings including General Purpose Electrodes, Low Alloy Electrodes, Low Hydrogen Electrodes, Stainless Steel Electrodes, Hard Facing Electrodes, Cast Iron Electrodes, Non-Ferrous Electrodes, Low Heat Input Electrodes, Cutting and Gauging Electrodes, Mig Wires etc. It is focused on alloy and process development, quality and design, which has allowed the company to develop products suited to its customers' requirements. It has expertise to design, develop and manufacture complex and specialized industrial equipment and components for OEM's and end user industries.
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