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NATIONAL PLASTIC TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of NATIONAL PLASTIC TECHNOLOGIES is 34.89.

Share Price ₹488.8Dec 20,2024
Market Cap ₹298.1 Cr
Earnings-TTM₹8.5 CrTTM-Standalone Results
Price/Earnings34.89xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NATIONAL PLASTIC TECHNOLOGIES

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 NATIONAL PLASTIC TECHNOLOGIES is calculated as :

Current Market Cap [ ₹298.1 Cr] as on Dec 20,2024

(/) Earnings [ ₹8.5 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 34.89x ]

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

Thus, for NATIONAL PLASTIC TECHNOLOGIES , the investors are currently willing to pay 34.89 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 NATIONAL PLASTIC TECHNOLOGIES !

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 NATIONAL PLASTIC TECHNOLOGIES over the last five years.

Historical PE (Price/Earnings) ratio chart of NATIONAL PLASTIC TECHNOLOGIES


PE Ratio Performance Analysis for NATIONAL PLASTIC TECHNOLOGIES

- NATIONAL PLASTIC TECHNOLOGIES 's latest p/e ratio is 34.89x.

- NATIONAL PLASTIC TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 16.16x.

- NATIONAL PLASTIC TECHNOLOGIES 's operated at median p/e ratio of 14.52x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NATIONAL PLASTIC TECHNOLOGIES 's p/e ratio peaked in Mar2024 at 31.43x.

- NATIONAL PLASTIC TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2020 of 8.55x.


How does NATIONAL PLASTIC TECHNOLOGIES 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
NATIONAL PLASTIC TECHNOLOGIES 8.5534.89298.1
ASTRAL LTD522.9089.1146,594.7
SUPREME INDUSTRIES LTD964.1163.8761,575.6
FINOLEX INDUSTRIES LTD777.4419.0514,813.9
RESPONSIVE INDUSTRIES LTD188.2435.676,714.5
PRINCE PIPES AND FITTINGS LTD131.6634.224,505.4
EPL LTD256.6032.938,450.9
JAI CORP LTD67.8082.115,567.0
TIME TECHNOPLAST LTD367.6128.8510,606.7
GARWARE HITECH FILMS LTD306.3037.9111,611.4
JAIN IRRIGATION SYSTEMS LTD36.76125.724,621.4

Plastic Products Industry Benchmark (Top 10) PE Analysis vs NATIONAL PLASTIC TECHNOLOGIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 19.05x
Max industry PE 125.72x
Median industry PE 35.67x
Average industry PE 53.12x



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