NATIONAL PLASTIC TECHNOLOGIES
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The Current P/E Ratio of NATIONAL PLASTIC TECHNOLOGIES is 34.89.
Share Price | ₹488.8 | Dec 20,2024 |
Market Cap | ₹298.1 Cr | |
Earnings-TTM | ₹8.5 Cr | TTM-Standalone Results |
Price/Earnings | 34.89x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NATIONAL PLASTIC TECHNOLOGIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
NATIONAL PLASTIC TECHNOLOGIES | 8.55 | 34.89 | 298.1 |
ASTRAL LTD | 522.90 | 89.11 | 46,594.7 |
SUPREME INDUSTRIES LTD | 964.11 | 63.87 | 61,575.6 |
FINOLEX INDUSTRIES LTD | 777.44 | 19.05 | 14,813.9 |
RESPONSIVE INDUSTRIES LTD | 188.24 | 35.67 | 6,714.5 |
PRINCE PIPES AND FITTINGS LTD | 131.66 | 34.22 | 4,505.4 |
EPL LTD | 256.60 | 32.93 | 8,450.9 |
JAI CORP LTD | 67.80 | 82.11 | 5,567.0 |
TIME TECHNOPLAST LTD | 367.61 | 28.85 | 10,606.7 |
GARWARE HITECH FILMS LTD | 306.30 | 37.91 | 11,611.4 |
JAIN IRRIGATION SYSTEMS LTD | 36.76 | 125.72 | 4,621.4 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs NATIONAL PLASTIC TECHNOLOGIES 's P/E Ratio
Top 10 Industry Peers | PE 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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