Elecon Engineering CoNSE:ELECON +2.10%95 PEG Ratio is 1.87 as of Jul. 01, 2026, which is 4% above its 10-year median of 1.79. GuruFocus rates NSE:ELECON with a GF Score™ of 95/100 and a GF Value™ of ₹645.30 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,280 Industrial Products companies, Elecon Engineering Co ranks better than 52.19% on this metric.
* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
The historical rank and industry rank for Elecon Engineering Co's PEG Ratio or its related term are showing as below:
NSE:ELECON'
s PEG Ratio Range Over the Past 10 Years
Min: 0.36 Med: 1.79 Max: 7.31
Current: 1.77
During the past 13 years, Elecon Engineering Co's highest PEG Ratio was 7.31. The lowest was 0.36. And the median was 1.79.
NSE:ELECON's PEG Ratio is ranked better than 52.19% of 1280
companies
in the Industrial Products industry
Industry Median: 1.885
vs NSE:ELECON: 1.77
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Elecon Engineering Co (NSE:ELECON) PEG Ratio Explanation
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.
* 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.
For the Specialty Industrial Machinery subindustry, Elecon Engineering Co's PEG Ratio, along with its competitors' market caps and PEG Ratio 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.
Elecon Engineering Co PEG Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Elecon Engineering Co's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Elecon Engineering Co's PEG Ratio falls into.
* 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.
* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
Elecon Engineering Co (NSE:ELECON) has a PEG Ratio of 1.87 as of Jul. 01, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Elecon Engineering Co and its competitors. This is near median its historical median of 1.79. Over the past decade, Elecon Engineering Co's PEG Ratio has ranged from 0.36 to 7.31. According to the industry distribution chart, Elecon Engineering Co ranks #612 out of 1280 companies in the Industrial Products industry, placing it in the top 47.8%.
Is Elecon Engineering Co's PEG Ratio too high?
Elecon Engineering Co's current PEG Ratio of 1.87 is near median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 7.31. The Industrial Products industry median PEG Ratio is 1.89. Elecon Engineering Co's value of 1.87 is 0.8% below this industry median. Based on the distribution chart, Elecon Engineering Co ranks #612 out of 1280 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Elecon Engineering Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elecon Engineering Co's PEG Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Elecon Engineering Co ranks #612 out of 1280 companies for PEG Ratio. This puts Elecon Engineering Co in the upper half of its industry. The industry median PEG Ratio is 1.89. Elecon Engineering Co's value of 1.87 is 0.8% below this benchmark. Historically, Elecon Engineering Co's own PEG Ratio has ranged from 0.36 to 7.31 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 1.89, Elecon Engineering Co 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 PEG Ratio for an Industrial Products company?
The median PEG Ratio among Industrial Products companies is 1.89, based on 1,280 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elecon Engineering Co's current PEG Ratio of 1.87 is 0.8% 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Elecon Engineering Co and its competitors. For the Industrial Products industry, the median PEG Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elecon Engineering Co's current PEG Ratio is 1.87, which is near median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elecon Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Elecon Engineering Co (NSE:ELECON) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹645.30, compared to a current price of ₹549.95 — trading 14.8% below its estimated fair value. The current PEG Ratio is 1.87, which is near median its 10-year median of 1.79 and 0.8% below the Industrial Products industry median of 1.89. Elecon Engineering Co's overall GF Score™ is 95/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Elecon Engineering Co (NSE:ELECON), the current PEG Ratio is 1.87 as of Jul. 01, 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.
Is Elecon Engineering Co (NSE:ELECON) Overvalued in 2026?
Based on GuruFocus' analysis, Elecon Engineering Co stock appears to be undervalued.
The current stock price of ₹549.95 is trading 14.8% below its estimated GF Value™ of ₹645.30.
GuruFocus considers Elecon Engineering Co to be Modestly Undervalued.
Key valuation signals for NSE:ELECON:
PEG Ratio: 1.87 (near median its 10-year median of 1.79)
GF Value™: ₹645.30 vs. price of ₹549.95 (14.8% below fair value)
Industry Position: 0.8% below the Industrial Products median (#612 of 1280)
No single metric tells the full story. See the NSE:ELECON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elecon Engineering Co Ltd is an India-based company engaged in the manufacturing of material handling equipment and industrial gears. It operates through two segments, namely, the Material Handling Equipment segment, which engages in the manufacturing of raw material handling systems, stackers, reclaimers, bagging and weighing machines, wagon and truck loaders, crushers, wagon tipplers, feeders, and port equipment; and Transmission Equipment segment, which manufactures material transmission equipment like gearboxes, couplings, and elevator traction machines. It generates maximum revenue from transmission equipment sales. The group has a business presence in India and Outside India.
95GF Score
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