NITTA GELATIN INDIA
|
The Current P/E Ratio of NITTA GELATIN INDIA is 9.47.
Share Price | ₹768.9 | Dec 26,2024 |
Market Cap | ₹699.7 Cr | |
Earnings-TTM | ₹73.9 Cr | TTM-Consolidated Results |
Price/Earnings | 9.47x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NITTA GELATIN INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
NITTA GELATIN INDIA | 73.86 | 9.47 | 699.7 |
PIDILITE INDUSTRIES LTD | 1,930.55 | 77.36 | 149,354.0 |
SOLAR INDUSTRIES INDIA LTD | 1,060.57 | 87.18 | 92,465.0 |
SRF LTD | 1,129.28 | 59.35 | 67,027.6 |
GUJARAT FLUOROCHEMICALS LTD | 410.06 | 116.74 | 47,871.5 |
DEEPAK NITRITE LTD | 852.61 | 41.13 | 35,071.4 |
TATA CHEMICALS LTD | -351.00 | -76.83 | 26,965.9 |
GODREJ INDUSTRIES LTD | 1,358.81 | 28.22 | 38,344.3 |
AARTI INDUSTRIES LTD | 445.00 | 33.65 | 14,975.7 |
ATUL LTD | 370.51 | 56.42 | 20,902.8 |
VINATI ORGANICS LTD | 369.60 | 48.42 | 17,895.8 |
Chemicals Industry Benchmark (Top 10) PE Analysis vs NITTA GELATIN INDIA 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -76.83x |
Max industry PE | 116.74x |
Median industry PE | 48.42x |
Average industry PE | 43.74x |
You may also like the below Video Courses