Carnation Industries Ltd Peer Comparison
530609 · Capital Goods · Current price ₹103.15
Peers tracked
11
Carnation Industries Ltd P/E
-61.0x
Sector
Capital Goods
Carnation Industries Ltd vs peers
| Company | Price | P/E | Market cap (Cr) |
|---|---|---|---|
| Bharat Forge Limited | ₹1,835 | 130.3x | 90,499 |
| PTC Industries Limited | ₹24,680 | 266.4x | 39,100 |
| AIA Engineering Limited | ₹3,719.7 | 30.3x | 34,710 |
| Happy Forgings Limited | ₹1,866 | 64.5x | 17,584 |
| CIE Automotive India Limited | ₹377.2 | — | 14,302 |
| Ramkrishna Forgings Limited | ₹691.45 | 123.9x | 12,565 |
| Kennametal India Limited | ₹4,122.4 | 40.5x | 9,065 |
| Balu Forge Industries Limited | ₹480.7 | 24.3x | 5,832 |
| Electrosteel Castings Limited | ₹76.7 | 41.1x | 4,736 |
| Steelcast Limited | ₹354.5 | 36.0x | 3,574 |
| Carnation Industries Ltd | — | -61.0x | 36 |
Carnation Industries Ltd versus its peers
Carnation Industries Ltd operates in the Capital Goods space alongside 11 tracked peers. Comparing valuation multiples within a sector is far more meaningful than in isolation — a P/E of -61.0x may be cheap in one industry and expensive in another.
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