NAHAR INDUSTRIAL ENTERPRISES
|
The Current P/E Ratio of NAHAR INDUSTRIAL ENTERPRISES is 26.41.
Share Price | ₹131.0 | Jan 21,2025 |
Market Cap | ₹565.7 Cr | |
Earnings-TTM | ₹21.4 Cr | TTM-Consolidated Results |
Price/Earnings | 26.41x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NAHAR INDUSTRIAL ENTERPRISES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹565.7 Cr] as on Jan 21,2025
(/) Earnings [ ₹21.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 26.41x ]
Thus, for NAHAR INDUSTRIAL ENTERPRISES , the investors are currently willing to pay 26.41 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 NAHAR INDUSTRIAL ENTERPRISES !
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 NAHAR INDUSTRIAL ENTERPRISES over the last five years.
Historical PE (Price/Earnings) ratio chart of NAHAR INDUSTRIAL ENTERPRISES
PE Ratio Performance Analysis for NAHAR INDUSTRIAL ENTERPRISES
- NAHAR INDUSTRIAL ENTERPRISES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 11.89x.
- NAHAR INDUSTRIAL ENTERPRISES 's operated at median p/e ratio of 4.19x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NAHAR INDUSTRIAL ENTERPRISES 's p/e ratio peaked in Mar2024 at 50.28x.
- NAHAR INDUSTRIAL ENTERPRISES 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does NAHAR INDUSTRIAL ENTERPRISES 's P/E Ratio benchmark against top 10 peers in Textile - Spinning Industry?
Peer Comparison (Textile - Spinning Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
NAHAR INDUSTRIAL ENTERPRISES | 21.42 | 26.41 | 565.7 |
TRIDENT LTD | 325.53 | 50.09 | 16,307.1 |
FILATEX INDIA LTD | 115.70 | 19.86 | 2,297.4 |
NITIN SPINNERS LTD | 155.20 | 14.84 | 2,303.3 |
NAHAR SPINNING MILLS LTD | -26.40 | -32.98 | 870.6 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | -85.78 | -11.22 | 962.8 |
AMBIKA COTTON MILLS LTD | 64.71 | 13.62 | 881.1 |
RAJAPALAYAM MILLS LTD | -49.62 | -19.33 | 959.1 |
SUPER SALES INDIA LTD | 4.43 | 73.90 | 327.0 |
PRECOT LTD | 40.86 | 17.44 | 712.8 |
MARAL OVERSEAS LTD | -6.47 | -55.27 | 357.6 |
Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs NAHAR INDUSTRIAL ENTERPRISES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -55.27x |
Max industry PE | 73.90x |
Median industry PE | 14.84x |
Average industry PE | 8.85x |
You may also like the below Video Courses