As of 2025-11-06, the Relative Valuation of Elgi Equipments Ltd (ELGIEQUIP.NS) is 550.01 INR. This relative valuation is based on P/E multiples. With the latest stock price at 482.30 INR, the upside of Elgi Equipments Ltd based on Relative Valuation is 14.0%.
The range of the Relative Valuation is 504.89 - 601.52 INR.
| Range | Selected | |
| Trailing P/E multiples | 47.8x - 52.3x | 49.9x |
| Forward P/E multiples | 36.5x - 39.3x | 38.0x |
| Fair Price | 504.89 - 601.52 | 550.01 |
| Upside | 4.7% - 24.7% | 14.0% |
| Date | P/E |
| 2025-11-03 | 43.11 |
| 2025-10-31 | 43.23 |
| 2025-10-30 | 43.62 |
| 2025-10-29 | 43.93 |
| 2025-10-28 | 43.17 |
| 2025-10-27 | 42.66 |
| 2025-10-24 | 42.36 |
| 2025-10-23 | 41.05 |
| 2025-10-21 | 41.45 |
| 2025-10-20 | 40.79 |
| 2025-10-17 | 40.49 |
| 2025-10-16 | 40.79 |
| 2025-10-15 | 40.27 |
| 2025-10-14 | 40.19 |
| 2025-10-13 | 41.09 |
| 2025-10-10 | 42.02 |
| 2025-10-09 | 42.28 |
| 2025-10-08 | 42.17 |
| 2025-10-07 | 42.97 |
| 2025-10-06 | 42.79 |
| 2025-10-03 | 43.04 |
| 2025-10-01 | 41.92 |
| 2025-09-30 | 41.89 |
| 2025-09-29 | 41.92 |
| 2025-09-26 | 42.36 |
| 2025-09-25 | 43.08 |
| 2025-09-24 | 43.40 |
| 2025-09-23 | 43.66 |
| 2025-09-22 | 43.40 |
| 2025-09-19 | 43.49 |
| 2025-09-18 | 43.97 |
| 2025-09-17 | 43.39 |
| 2025-09-16 | 40.63 |
| 2025-09-15 | 40.60 |
| 2025-09-12 | 40.73 |
| 2025-09-11 | 40.97 |
| 2025-09-10 | 40.92 |
| 2025-09-09 | 40.92 |
| 2025-09-08 | 41.29 |
| 2025-09-05 | 41.63 |
| 2025-09-04 | 42.44 |
| 2025-09-03 | 42.97 |
| 2025-09-02 | 42.99 |
| 2025-09-01 | 41.19 |
| 2025-08-29 | 40.95 |
| 2025-08-28 | 42.05 |
| 2025-08-26 | 41.99 |
| 2025-08-25 | 43.44 |
| 2025-08-22 | 43.49 |
| 2025-08-21 | 43.95 |