NICCO PARKS & RESORTS
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The Current P/E Ratio of NICCO PARKS & RESORTS is 32.75.
Share Price | ₹125.4 | Nov 22,2024 |
Market Cap | ₹586.9 Cr | |
Earnings-TTM | ₹17.9 Cr | TTM-Consolidated Results |
Price/Earnings | 32.75x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NICCO PARKS & RESORTS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹586.9 Cr] as on Nov 22,2024
(/) Earnings [ ₹17.9 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 32.75x ]
Thus, for NICCO PARKS & RESORTS , the investors are currently willing to pay 32.75 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 NICCO PARKS & RESORTS !
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 NICCO PARKS & RESORTS over the last five years.
Historical PE (Price/Earnings) ratio chart of NICCO PARKS & RESORTS
PE Ratio Performance Analysis for NICCO PARKS & RESORTS
- NICCO PARKS & RESORTS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 27.01x.
- NICCO PARKS & RESORTS 's operated at median p/e ratio of 24.24x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NICCO PARKS & RESORTS 's p/e ratio peaked in Mar2022 at 61.55x.
- NICCO PARKS & RESORTS 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does NICCO PARKS & RESORTS 's P/E Ratio benchmark against top 10 peers in Amusement Parks/Recreation/Club Industry?
Peer Comparison (Amusement Parks/Recreation/Club Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
NICCO PARKS & RESORTS | 17.92 | 32.75 | 586.9 |
WONDERLA HOLIDAYS LTD | 137.93 | 33.40 | 4,606.8 |
IMAGICAAWORLD ENTERTAINMENT LTD | 68.69 | 56.80 | 3,901.5 |
Amusement Parks/Recreation/Club Industry Benchmark (Top 10) PE Analysis vs NICCO PARKS & RESORTS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 32.75x |
Max industry PE | 56.80x |
Median industry PE | 33.40x |
Average industry PE | 40.98x |
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