Start with its own history
At 19.95×, ADOR.NS is 4.6% below its 9-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NSE · ADOR.NSIndustrial - MachineryUpdated Oct 23, 2026
Ador Welding Limited P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
19.95×
4.6% belowthe 9-observation annual average
Share price1,303
÷Earnings per share65.31
Price and EPS in quote currency. Calculation details
Investors are paying 19.95 for every 1 of reported earnings per share.
P/E over time
2017 – 2026
Annual P/ESelected-period average 20.90×
3-year average21.88×3 positive annual observations
5-year average21.11×5 positive annual observations
10-year average20.90×9 positive annual observations
Peer median · TTM53.19×8 peers with positive P/E
Historical P/E ratios
Annual period-end data · 22 observations
| Period end | P/E | Change |
|---|---|---|
| Mar 31, 2026 | 18.96× | -23.0% |
| Mar 31, 2025 | 24.63× | +11.8% |
| Mar 31, 2024 | 22.04× | +4.4% |
| Mar 31, 2023 | 21.11× | +12.4% |
| Mar 31, 2022 | 18.78× | N/M |
| Mar 31, 2021 | N/M | N/M |
| Mar 31, 2020 | 9.65× | -50.0% |
| Mar 31, 2019 | 19.32× | -35.4% |
View all 22 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Mar 31, 2018 | 29.90× | +25.9% |
| Mar 31, 2017 | 23.74× | +36.1% |
| Mar 31, 2016 | 17.44× | +88.6% |
| Mar 31, 2015 | 9.24× | N/M |
| Mar 31, 2014 | N/M | N/M |
| Mar 31, 2013 | 9.17× | +10.4% |
| Mar 31, 2012 | 8.31× | -6.4% |
| Mar 31, 2011 | 8.88× | -0.9% |
| Mar 31, 2010 | 8.96× | -0.8% |
| Mar 31, 2009 | 9.03× | +7.1% |
| Mar 31, 2008 | 8.43× | +9.6% |
| Mar 31, 2007 | 7.69× | -43.3% |
| Mar 31, 2006 | 13.57× | +182.0% |
| Mar 31, 2005 | 4.81× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How ADOR.NS compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 ADOR.NS This stockAdor Welding Limited | 19.95× |
 APARINDS.NSApar Industries Limited | 48.62× |
 AUTOAXLES.NSAutomotive Axles Limited | 13.66× |
 ESABINDIA.NSESAB India Limited | 37.11× |
 GREAVESCOT.NSGreaves Cotton Limited | 42.56× |
 HLEGLAS.NSHLE Glascoat Limited | 71.66× |
 ICEMAKE.NSIce Make Refrigeration Limited | 82.08× |
 SHANTIGEAR.NSShanthi Gears Limited | 57.76× |
 SUNDROP.NSSundrop Brands Limited | 81.65× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does ADOR.NS’s P/E tell you?
Compare like with like
The median of the 8 positive peer ratios above is 53.19×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take ADOR.NS into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("ADOR.NS", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 1,303 ÷ EPS 65.31 = 19.95×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Oct 23, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
ADOR.NS P/E ratio: common questions
The essentials behind the numbers.
Ador Welding Limited's current P/E is 19.95× based on the quote data last updated Oct 23, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.