Home > PE Ratio > NICCO PARKS & RESORTS

NICCO PARKS & RESORTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of NICCO PARKS & RESORTS is 32.75.

Share Price ₹125.4Nov 22,2024
Market Cap ₹586.9 Cr
Earnings-TTM₹17.9 CrTTM-Consolidated Results
Price/Earnings32.75xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for NICCO PARKS & RESORTS
Please provide your vote to see the results
NICCO PARKS & RESORTS is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals

Definition & Calculation of PE (Price/Earnings) ratio of NICCO PARKS & RESORTS

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 NICCO PARKS & RESORTS is calculated as :

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 ]

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

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 latest p/e ratio is 32.75x.

- 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 RatioMarket Cap
NICCO PARKS & RESORTS 17.9232.75586.9
WONDERLA HOLIDAYS LTD137.9333.404,606.8
IMAGICAAWORLD ENTERTAINMENT LTD68.6956.803,901.5

Amusement Parks/Recreation/Club Industry Benchmark (Top 10) PE Analysis vs NICCO PARKS & RESORTS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 32.75x
Max industry PE 56.80x
Median industry PE 33.40x
Average industry PE 40.98x



You may also like the below Video Courses