DE NORA INDIA
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The Current P/E Ratio of DE NORA INDIA is 30.23.
Share Price | ₹1,043.7 | Jan 27,2025 |
Market Cap | ₹553.1 Cr | |
Earnings-TTM | ₹18.3 Cr | TTM-Standalone Results |
Price/Earnings | 30.23x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of DE NORA INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹553.1 Cr] as on Jan 27,2025
(/) Earnings [ ₹18.3 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 30.23x ]
Thus, for DE NORA INDIA , the investors are currently willing to pay 30.23 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of DE NORA INDIA !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of DE NORA INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of DE NORA INDIA
PE Ratio Performance Analysis for DE NORA INDIA
- DE NORA INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 22.73x.
- DE NORA INDIA 's operated at median p/e ratio of 22.2x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DE NORA INDIA 's p/e ratio peaked in Mar2024 at 45.59x.
- DE NORA INDIA 's p/e ratio hit its five-year low in Mar2020 of 8.53x.
How does DE NORA INDIA 's P/E Ratio benchmark against top 10 peers in Electrodes & Welding Equipment Industry?
Peer Comparison (Electrodes & Welding Equipment Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
DE NORA INDIA | 18.30 | 30.23 | 553.1 |
GRAPHITE INDIA LTD | 463.00 | 20.38 | 9,436.6 |
ESAB INDIA LTD | 169.81 | 44.14 | 7,494.8 |
HEG LTD | 135.92 | 58.30 | 7,923.7 |
ADOR WELDING LTD | 34.53 | 50.59 | 1,746.7 |
ADOR FONTECH LTD | 22.70 | 21.97 | 498.8 |
GEE LTD | 9.03 | 36.36 | 328.4 |
PANASONIC CARBON INDIA COMPANY LTD | 20.42 | 11.43 | 233.4 |
Electrodes & Welding Equipment Industry Benchmark (Top 10) PE Analysis vs DE NORA INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 11.43x |
Max industry PE | 58.30x |
Median industry PE | 36.36x |
Average industry PE | 34.17x |
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