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NESTLE INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of NESTLE INDIA is 73.76.

Share Price ₹2,445.2May 17,2024
Market Cap ₹235,766.2 Cr
Earnings-TTM₹3,196.2 CrTTM-Standalone Results
Price/Earnings73.76xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NESTLE INDIA

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 NESTLE INDIA is calculated as :

Current Market Cap [ ₹235,766.2 Cr] as on May 17,2024

(/) Earnings [ ₹3,196.2 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 73.76x ]

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

Thus, for NESTLE INDIA , the investors are currently willing to pay 73.76 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 NESTLE INDIA !

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 NESTLE INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of NESTLE INDIA


PE Ratio Performance Analysis for NESTLE INDIA

- NESTLE INDIA 's latest p/e ratio is 73.76x.

- NESTLE INDIA 's p/e ratio for fiscal years ending Dec2022 to Dec2018 averaged 78.60x.

- NESTLE INDIA 's operated at median p/e ratio of 79.05x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NESTLE INDIA 's p/e ratio peaked in Dec2021 at 89.7x.

- NESTLE INDIA 's p/e ratio hit its five-year low in Dec2018 of 66.65x.


How does NESTLE INDIA 's P/E Ratio benchmark against top 10 peers in Consumer Food Industry?

Peer Comparison (Consumer Food Industry)Earnings-TTM (Cr)PE RatioMarket Cap
NESTLE INDIA 3,196.2073.76235,766.2
VARUN BEVERAGES LTD2,211.8488.98196,805.0
BRITANNIA INDUSTRIES LTD2,137.4157.33122,531.0
MARICO LTD1,502.0051.4377,243.8
JUBILANT FOODWORKS LTD241.72128.3731,029.2
HATSUN AGRO PRODUCT LTD267.2984.3222,537.7
DEVYANI INTERNATIONAL LTD-9.65-1,888.7518,230.2
BIKAJI FOODS INTERNATIONAL LTD185.4773.7413,677.1
SAPPHIRE FOODS INDIA LTD51.96170.388,852.2
GODREJ AGROVET LTD307.4134.7110,671.4
ZYDUS WELLNESS LTD266.9041.4711,067.9

Consumer Food Industry Benchmark (Top 10) PE Analysis vs NESTLE INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -1,888.75x
Max industry PE 170.38x
Median industry PE 73.74x
Average industry PE -98.57x



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