ROYAL ARC ELECTRODES LTD Peer Comparison
ROYALARC · Industrial Products · Current price ₹153.1
Peers tracked
11
ROYAL ARC ELECTRODES LTD P/E
18.9x
Sector
Industrial Products
ROYAL ARC ELECTRODES LTD vs peers
| Company | Price | P/E | Market cap (Cr) |
|---|---|---|---|
| CUMMINS INDIA LTD | ₹5,448 | 65.5x | 1,51,038 |
| TUBE INVEST OF INDIA LTD | ₹2,888.6 | 93.9x | 55,910 |
| APL APOLLO TUBES LTD | ₹1,795.4 | 41.3x | 49,897 |
| WELSPUN CORP LIMITED | ₹1,581.5 | 24.5x | 41,740 |
| KIRLOSKAR OIL ENG LTD | ₹2,255.7 | 58.8x | 32,783 |
| GRINDWELL NORTON LIMITED | ₹2,086.7 | 57.9x | 23,123 |
| CARBORUNDUM UNIVERSAL LTD | ₹1,059.8 | 111.7x | 20,205 |
| ELGI EQUIPMENTS LTD | ₹581.7 | 43.8x | 18,425 |
| RATNAMANI MET & TUB LTD. | ₹2,582.8 | 36.1x | 18,106 |
| JYOTI CNC AUTOMATION LTD | ₹781.5 | 52.8x | 17,774 |
| ROYAL ARC ELECTRODES LTD | ₹153.1 | 16.2x | 163 |
ROYAL ARC ELECTRODES LTD versus its peers
ROYAL ARC ELECTRODES LTD operates in the Industrial Products space alongside 11 tracked peers. Comparing valuation multiples within a sector is far more meaningful than in isolation — a P/E of 18.9x may be cheap in one industry and expensive in another.
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DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.