Home > PE Ratio > NAHAR SPINNING MILLS

NAHAR SPINNING MILLS
PE (Price/Earnings) Ratio

The Current P/E Ratio of NAHAR SPINNING MILLS is -74.33.

Share Price ₹214.9Apr 02,2025
Market Cap ₹775.6 Cr
Earnings-TTM₹-10.4 CrTTM-Standalone Results
Price/Earnings-74.33xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for NAHAR SPINNING MILLS
Please provide your vote to see the results
NAHAR SPINNING MILLS is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of NAHAR SPINNING MILLS

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 SPINNING MILLS is calculated as :

Current Market Cap [ ₹775.6 Cr] as on Apr 02,2025

(/) Earnings [ ₹-10.4 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ -74.33x ]

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

Thus, for NAHAR SPINNING MILLS , the investors are currently willing to pay -74.33 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 SPINNING MILLS !

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 SPINNING MILLS over the last five years.

Historical PE (Price/Earnings) ratio chart of NAHAR SPINNING MILLS


PE Ratio Performance Analysis for NAHAR SPINNING MILLS

- NAHAR SPINNING MILLS 's latest p/e ratio is -74.33x.

- NAHAR SPINNING MILLS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.11x.

- NAHAR SPINNING MILLS 's operated at median p/e ratio of 3.66x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NAHAR SPINNING MILLS 's p/e ratio peaked in Mar2021 at 9.05x.

- NAHAR SPINNING MILLS 's p/e ratio hit its five-year low in Mar2024 of 0x.


How does NAHAR SPINNING MILLS '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 SPINNING MILLS -10.43-74.33775.6
TRIDENT LTD296.3243.4912,887.7
SANATHAN TEXTILES LTD131.2223.963,144.1
NITIN SPINNERS LTD168.2311.141,874.7
FILATEX INDIA LTD128.0313.271,699.1
JAYBHARAT TEXTILES & REAL ESTATE LTD-39.02-26.101,018.4
AMBIKA COTTON MILLS LTD65.9711.70771.5
RAJAPALAYAM MILLS LTD-58.10-12.99754.7
SUTLEJ TEXTILES AND INDUSTRIES LTD-81.36-7.49609.8
PRECOT LTD41.2912.99536.4
NAHAR INDUSTRIAL ENTERPRISES LTD21.5818.59401.2

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

Top 10 Industry PeersPE Ratio
Min industry PE -74.33x
Max industry PE 43.49x
Median industry PE 11.70x
Average industry PE 1.29x



You may also like the below Video Courses