Essar Shipping Limited (NSE:ESSARSHPNG) — Market Cap & Net Worth
Market Cap & Net Worth: Essar Shipping Limited (ESSARSHPNG)
Essar Shipping Limited (NSE:ESSARSHPNG) has a market capitalization of $36.24 Million (Rs3.35 Billion) as of September 19, 2026. Listed on the NSE stock exchange, this India-based company holds position #23206 globally and #1276 in its home market, demonstrating a 0.94% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Essar Shipping Limited's stock price Rs16.19 by its total outstanding shares 206976072 (206.98 Million). Also see balance sheet size of Essar Shipping Limited for a full breakdown of the balance sheet.
Essar Shipping Limited Market Cap History: 2015 to 2026
Essar Shipping Limited's market capitalization history from 2015 to 2026. Data shows change from $53.50 Million to $36.24 Million (-2.03% CAGR). Also see Essar Shipping Limited cash flow conversion for how efficiently the company converts equity into cash flow.
Essar Shipping Limited Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Essar Shipping Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check Essar Shipping Limited share price for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
2.04x
Essar Shipping Limited's market cap is 2.04 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2017 | $73.42 Million | $21.88 Billion | -$5.83 Billion | 0.00x | N/A |
| 2018 | $28.32 Million | $11.94 Billion | -$16.65 Billion | 0.00x | N/A |
| 2019 | $14.44 Million | $12.99 Billion | -$37.75 Billion | 0.00x | N/A |
| 2020 | $23.06 Million | $13.29 Billion | -$16.82 Billion | 0.00x | N/A |
| 2021 | $25.07 Million | $4.72 Billion | -$6.20 Billion | 0.01x | N/A |
| 2022 | $21.94 Million | $3.28 Billion | -$784.90 Million | 0.01x | N/A |
| 2023 | $71.63 Million | $606.70 Million | $16.50 Billion | 0.12x | 0.00x |
| 2024 | $79.24 Million | $127.70 Million | -$1.18 Billion | 0.62x | N/A |
| 2025 | $61.20 Million | $102.60 Million | $6.60 Billion | 0.60x | 0.01x |
| 2026 | $36.24 Million | $17.80 Million | -$1.12 Billion | 2.04x | N/A |
Competitor Companies of ESSARSHPNG by Market Capitalization
Companies near Essar Shipping Limited in the global market cap rankings as of September 19, 2026. Review Essar Shipping Limited tangible equity quality to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Essar Shipping Limited by market ranking:
- Adani Ports and Special Economic Zone Limited (NSE:ADANIPORTS): Ranked #605 globally with a market cap of $45.45 Billion USD ( Rs4.20 Trillion INR).
- A.P. Møller - Mærsk A/S (CO:MAERSK-A): Ranked #845 globally with a market cap of $32.43 Billion USD ( Dkr207.28 Billion DKK).
- COSCO SHIPPING Holdings Co Ltd (SHG:601919): Ranked #907 globally with a market cap of $29.49 Billion USD ( CN¥201.56 Billion CNY).
- Hapag Lloyd AG (XETRA:HLAG): Ranked #1113 globally with a market cap of $23.92 Billion USD ( €20.46 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #605 | Adani Ports and Special Economic Zone Limited | NSE:ADANIPORTS | $45.45 Billion | Rs1824.00 |
| #845 | A.P. Møller - Mærsk A/S | CO:MAERSK-A | $32.43 Billion | Dkr21720.00 |
| #907 | COSCO SHIPPING Holdings Co Ltd | SHG:601919 | $29.49 Billion | CN¥16.10 |
| #1113 | Hapag Lloyd AG | XETRA:HLAG | $23.92 Billion | €130.00 |
Essar Shipping Limited Historical Marketcap From 2015 to 2026
Between 2015 and today, Essar Shipping Limited's market cap moved from $53.50 Million to $ 36.24 Million, with a yearly change of -2.03%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Rs36.24 Million | -40.78% |
| 2025 | Rs61.20 Million | -22.77% |
| 2024 | Rs79.24 Million | +10.62% |
| 2023 | Rs71.63 Million | +226.53% |
| 2022 | Rs21.94 Million | -12.50% |
| 2021 | Rs25.07 Million | +8.74% |
| 2020 | Rs23.06 Million | +59.69% |
| 2019 | Rs14.44 Million | -49.01% |
| 2018 | Rs28.32 Million | -61.43% |
| 2017 | Rs73.42 Million | +18.20% |
| 2016 | Rs62.11 Million | +16.11% |
| 2015 | Rs53.50 Million | -- |
End of Day Market Cap According to Different Sources
On Sep 19th, 2026 the market cap of Essar Shipping Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $36.24 Million USD |
| MoneyControl | $36.24 Million USD |
| MarketWatch | $36.24 Million USD |
| marketcap.company | $36.24 Million USD |
| Reuters | $36.24 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Essar Shipping Limited
Essar Shipping Limited, a shipping company, provides sea transportation, logistics, and oilfields services in India, Mauritius, and Indonesia. It operates through Fleet operating and chartering and Oilfields services segments. The company engages in the fleet operating and chartering activities consisting of tankers and dry bulkers; oilfields services, such as land and semi- submersible rigs; and… Read more