TAMIL NADU NEWSPRINT & PAPERS
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The Current P/E Ratio of TAMIL NADU NEWSPRINT & PAPERS is 16.68.
Share Price | ₹177.6 | Dec 03,2024 |
Market Cap | ₹1,229.0 Cr | |
Earnings-TTM | ₹73.7 Cr | TTM-Standalone Results |
Price/Earnings | 16.68x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TAMIL NADU NEWSPRINT & PAPERS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,229.0 Cr] as on Dec 03,2024
(/) Earnings [ ₹73.7 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 16.68x ]
Thus, for TAMIL NADU NEWSPRINT & PAPERS , the investors are currently willing to pay 16.68 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 TAMIL NADU NEWSPRINT & PAPERS !
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 TAMIL NADU NEWSPRINT & PAPERS over the last five years.
Historical PE (Price/Earnings) ratio chart of TAMIL NADU NEWSPRINT & PAPERS
PE Ratio Performance Analysis for TAMIL NADU NEWSPRINT & PAPERS
- TAMIL NADU NEWSPRINT & PAPERS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 19.60x.
- TAMIL NADU NEWSPRINT & PAPERS 's operated at median p/e ratio of 4.73x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TAMIL NADU NEWSPRINT & PAPERS 's p/e ratio peaked in Mar2022 at 81.18x.
- TAMIL NADU NEWSPRINT & PAPERS 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does TAMIL NADU NEWSPRINT & PAPERS 's P/E Ratio benchmark against top 10 peers in Paper & Paper Products Industry?
Peer Comparison (Paper & Paper Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
TAMIL NADU NEWSPRINT & PAPERS | 73.69 | 16.68 | 1,229.0 |
JK PAPER LTD | 784.60 | 9.97 | 7,819.6 |
WEST COAST PAPER MILLS LTD | 511.27 | 7.86 | 4,019.1 |
SESHASAYEE PAPER AND BOARDS LTD | 180.40 | 11.41 | 2,058.2 |
ANDHRA PAPER LTD | 190.29 | 10.68 | 2,032.3 |
KUANTUM PAPERS LTD | 144.13 | 7.84 | 1,130.5 |
PAKKA LTD | 43.41 | 31.93 | 1,385.8 |
SATIA INDUSTRIES LTD | 142.49 | 7.51 | 1,069.5 |
ORIENT PAPER & INDUSTRIES LTD | -35.71 | -25.65 | 916.0 |
NR AGARWAL INDUSTRIES LTD | 58.84 | 10.83 | 637.4 |
EMAMI PAPER MILLS LTD | 86.95 | 7.74 | 672.8 |
Paper & Paper Products Industry Benchmark (Top 10) PE Analysis vs TAMIL NADU NEWSPRINT & PAPERS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -25.65x |
Max industry PE | 31.93x |
Median industry PE | 9.97x |
Average industry PE | 8.80x |
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