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NITTA GELATIN INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of NITTA GELATIN INDIA is 9.47.

Share Price ₹768.9Dec 26,2024
Market Cap ₹699.7 Cr
Earnings-TTM₹73.9 CrTTM-Consolidated Results
Price/Earnings9.47xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NITTA GELATIN 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 NITTA GELATIN INDIA is calculated as :

Current Market Cap [ ₹699.7 Cr] as on Dec 26,2024

(/) Earnings [ ₹73.9 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 9.47x ]

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

Thus, for NITTA GELATIN INDIA , the investors are currently willing to pay 9.47 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 NITTA GELATIN 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 NITTA GELATIN INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of NITTA GELATIN INDIA


PE Ratio Performance Analysis for NITTA GELATIN INDIA

- NITTA GELATIN INDIA 's latest p/e ratio is 9.47x.

- NITTA GELATIN INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 8.87x.

- NITTA GELATIN INDIA 's operated at median p/e ratio of 8.71x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NITTA GELATIN INDIA 's p/e ratio peaked in Mar2023 at 11.48x.

- NITTA GELATIN INDIA 's p/e ratio hit its five-year low in Mar2020 of 7.21x.


How does NITTA GELATIN INDIA 's P/E Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Earnings-TTM (Cr)PE RatioMarket Cap
NITTA GELATIN INDIA 73.869.47699.7
PIDILITE INDUSTRIES LTD1,930.5577.36149,354.0
SOLAR INDUSTRIES INDIA LTD1,060.5787.1892,465.0
SRF LTD1,129.2859.3567,027.6
GUJARAT FLUOROCHEMICALS LTD410.06116.7447,871.5
DEEPAK NITRITE LTD852.6141.1335,071.4
TATA CHEMICALS LTD-351.00-76.8326,965.9
GODREJ INDUSTRIES LTD1,358.8128.2238,344.3
AARTI INDUSTRIES LTD445.0033.6514,975.7
ATUL LTD370.5156.4220,902.8
VINATI ORGANICS LTD369.6048.4217,895.8

Chemicals Industry Benchmark (Top 10) PE Analysis vs NITTA GELATIN INDIA 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -76.83x
Max industry PE 116.74x
Median industry PE 48.42x
Average industry PE 43.74x



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