GRINDWELL NORTON
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The Current P/E Ratio of GRINDWELL NORTON is 47.90.
| Share Price | ₹1,652.0 | Nov 04,2025 |
| Market Cap | ₹18,287.1 Cr | |
| Earnings-TTM | ₹381.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 47.90x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of GRINDWELL NORTON
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹18,287.1 Cr] as on Nov 04,2025
(/) Earnings [ ₹381.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 47.90x ]
Thus, for GRINDWELL NORTON , the investors are currently willing to pay 47.90 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 GRINDWELL NORTON !
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 GRINDWELL NORTON over the last five years.
Historical PE (Price/Earnings) ratio chart of GRINDWELL NORTON
PE Ratio Performance Analysis for GRINDWELL NORTON
- GRINDWELL NORTON 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 54.86x.
- GRINDWELL NORTON 's operated at median p/e ratio of 54.81x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GRINDWELL NORTON 's p/e ratio peaked in Mar2022 at 67.39x.
- GRINDWELL NORTON 's p/e ratio hit its five-year low in Mar2021 of 44.09x.
How does GRINDWELL NORTON 's P/E Ratio benchmark against top 10 peers in Abrasives Industry?
| Peer Comparison (Abrasives Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| GRINDWELL NORTON | 381.79 | 47.90 | 18,287.1 |
| CARBORUNDUM UNIVERSAL LTD | 166.26 | 102.55 | 17,049.2 |
| WENDT (INDIA) LTD | 27.59 | 62.03 | 1,711.4 |
Abrasives Industry Benchmark (Top 10) PE Analysis vs GRINDWELL NORTON 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 47.90x |
| Max industry PE | 102.55x |
| Median industry PE | 62.03x |
| Average industry PE | 70.83x |
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