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NAHAR INDUSTRIAL ENTERPRISES
PE (Price/Earnings) Ratio

The Current P/E Ratio of NAHAR INDUSTRIAL ENTERPRISES is 26.41.

Share Price ₹131.0Jan 21,2025
Market Cap ₹565.7 Cr
Earnings-TTM₹21.4 CrTTM-Consolidated Results
Price/Earnings26.41xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NAHAR INDUSTRIAL ENTERPRISES

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of NAHAR INDUSTRIAL ENTERPRISES is calculated as :

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 ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

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 latest p/e ratio is 26.41x.

- 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 RatioMarket Cap
NAHAR INDUSTRIAL ENTERPRISES 21.4226.41565.7
TRIDENT LTD325.5350.0916,307.1
FILATEX INDIA LTD115.7019.862,297.4
NITIN SPINNERS LTD155.2014.842,303.3
NAHAR SPINNING MILLS LTD-26.40-32.98870.6
SUTLEJ TEXTILES AND INDUSTRIES LTD-85.78-11.22962.8
AMBIKA COTTON MILLS LTD64.7113.62881.1
RAJAPALAYAM MILLS LTD-49.62-19.33959.1
SUPER SALES INDIA LTD4.4373.90327.0
PRECOT LTD40.8617.44712.8
MARAL OVERSEAS LTD-6.47-55.27357.6

Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs NAHAR INDUSTRIAL ENTERPRISES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -55.27x
Max industry PE 73.90x
Median industry PE 14.84x
Average industry PE 8.85x



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