Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Elgi EquipmentsBOM:522074 +1.55%97 PE Ratio (TTM) is 43.47 as of Aug. 05, 2026, which is 8% below its 10-year median of 47.35. GuruFocus rates BOM:522074 with a GF Score™ of 97/100 and a GF Value™ of ₹676.25 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,239 Industrial Products companies, Elgi Equipments ranks worse than 67.84% on this metric.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-08-05), Elgi Equipments's share price is
₹590.70.
Elgi Equipments's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹13.59. Therefore, Elgi Equipments's PE Ratio (TTM) for today is 43.47.
The historical rank and industry rank for Elgi Equipments's PE Ratio (TTM) or its related term are showing as below:
BOM:522074'
s PE Ratio (TTM) Range Over the Past 10 Years
Min: 24.28 Med: 47.35 Max: 233.77
Current: 42.54
During the past 13 years, the highest PE Ratio (TTM) of Elgi Equipments was 233.77. The lowest was 24.28. And the median was 47.35.
BOM:522074's PE Ratio (TTM) is ranked worse than 67.84% of 2239
companies
in the Industrial Products industry
Industry Median: 27.69
vs BOM:522074: 42.54
During the past 12 months, Elgi Equipments's average EPS without NRIGrowth Rate was 16.60% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was 12.80% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 29.60% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was 22.90% per year.
During the past 13 years, Elgi Equipments's highest 3-Year average EPS without NRI Growth Rate was 84.60% per year. The lowest was -24.70% per year. And the median was 19.85% per year.
Elgi Equipments's EPS (Basic) for the
three
months ended in Mar. 2026 was ₹4.06.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹13.63.
Elgi Equipments (BOM:522074) PE Ratio (TTM) Explanation
The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.
If a company loses money, the PE Ratio (TTM) becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.
Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .
PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).
Elgi Equipments PE Ratio (TTM) Related Terms
Elgi Equipments PE Ratio (TTM) Historical Data
* Premium members only.
The historical data trend for Elgi Equipments's PE Ratio (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.
BOM:522074 vs GEV, ETN, PH: PE Ratio (TTM) Comparison
For the Specialty Industrial Machinery subindustry, Elgi Equipments's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.
Elgi Equipments PE Ratio (TTM) vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Elgi Equipments's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where Elgi Equipments's PE Ratio (TTM) falls into.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.
Elgi Equipments's Share Price of today is ₹590.70.
Elgi Equipments's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹13.59.
* 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.
It can also be calculated from the numbers for the whole company:
There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
Elgi Equipments (BOM:522074) has a PE Ratio (TTM) of 43.47 as of Aug. 05, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Elgi Equipments and its competitors. This is near median its historical median of 47.35. Over the past decade, Elgi Equipments' PE Ratio (TTM) has ranged from 24.28 to 233.77. According to the industry distribution chart, Elgi Equipments ranks #1519 out of 2239 companies in the Industrial Products industry, placing it in the top 67.8%.
Is Elgi Equipments' PE Ratio (TTM) too high?
Elgi Equipments' current PE Ratio (TTM) of 43.47 is near median its 10-year median of 47.35. Over the past 10 years, this metric has ranged from a low of 24.28 to a high of 233.77. The Industrial Products industry median PE Ratio (TTM) is 27.69. Elgi Equipments' value of 43.47 is 57% above this industry median. Based on the distribution chart, Elgi Equipments ranks #1519 out of 2239 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Elgi Equipments has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elgi Equipments' PE Ratio (TTM) compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Elgi Equipments ranks #1519 out of 2239 companies for PE Ratio (TTM). This places Elgi Equipments in the lower half of its industry. The industry median PE Ratio (TTM) is 27.69. Elgi Equipments' value of 43.47 is 57% above this benchmark. Historically, Elgi Equipments' own PE Ratio (TTM) has ranged from 24.28 to 233.77 over the past decade. While the company's 10-year median is 47.35 vs. the industry median of 27.69, Elgi Equipments has consistently been above 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 PE Ratio (TTM) for an Industrial Products company?
The median PE Ratio (TTM) among Industrial Products companies is 27.69, based on 2,239 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elgi Equipments's current PE Ratio (TTM) of 43.47 is 57% above 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 PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Elgi Equipments and its competitors. For the Industrial Products industry, the median PE Ratio (TTM) is 27.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elgi Equipments's current PE Ratio (TTM) is 43.47, which is near median its own 10-year median of 47.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elgi Equipments stock overvalued right now?
Based on GuruFocus' analysis, Elgi Equipments (BOM:522074) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹676.25, compared to a current price of ₹590.70 — trading 12.7% below its estimated fair value. The current PE Ratio (TTM) is 43.47, which is near median its 10-year median of 47.35 and 57% above the Industrial Products industry median of 27.69. Elgi Equipments' overall GF Score™ is 97/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Elgi Equipments (BOM:522074), the current PE Ratio (TTM) is 43.47 as of Aug. 05, 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 Elgi Equipments (BOM:522074) Overvalued in 2026?
Based on GuruFocus' analysis, Elgi Equipments stock appears to be undervalued.
The current stock price of ₹590.70 is trading 12.7% below its estimated GF Value™ of ₹676.25.
GuruFocus considers Elgi Equipments to be Modestly Undervalued.
Key valuation signals for BOM:522074:
PE Ratio (TTM): 43.47 (near median its 10-year median of 47.35)
GF Value™: ₹676.25 vs. price of ₹590.70 (12.7% below fair value)
Industry Position: 57% above the Industrial Products median (#1519 of 2239)
No single metric tells the full story. See the BOM:522074 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elgi Equipments Ltd manufactures air compressors and compressed air systems. The segment in which the group operates includes Air Compressors and Automotive Equipment. Its products include piston compressors, electric lubricated screw compressors, electric oil-free screw compressors, portable compressors, railway compressors, and air accessories. Geographically, it derives a majority of its revenue from India and also has a presence in the United States of America, Italy, Australia, and other countries. It serves the Textile; Manufacturing; Automotive; Agriculture and Construction industries.
97GF Score
Get the complete analysis for BOM:522074
PE Ratio (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:522074 has been successfully added to your 
