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NAGREEKA EXPORTS
PE (Price/Earnings) Ratio

The Current P/E Ratio of NAGREEKA EXPORTS is 9.99.

Share Price ₹30.9May 17,2024
Market Cap ₹96.4 Cr
Earnings-TTM₹9.6 CrTTM-Standalone Results
Price/Earnings9.99xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NAGREEKA EXPORTS

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 NAGREEKA EXPORTS is calculated as :

Current Market Cap [ ₹96.4 Cr] as on May 17,2024

(/) Earnings [ ₹9.6 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 9.99x ]

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

Thus, for NAGREEKA EXPORTS , the investors are currently willing to pay 9.99 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 NAGREEKA EXPORTS !

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 NAGREEKA EXPORTS over the last five years.

Historical PE (Price/Earnings) ratio chart of NAGREEKA EXPORTS


PE Ratio Performance Analysis for NAGREEKA EXPORTS

- NAGREEKA EXPORTS 's latest p/e ratio is 9.99x.

- NAGREEKA EXPORTS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.41x.

- NAGREEKA EXPORTS 's operated at median p/e ratio of 7.63x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NAGREEKA EXPORTS 's p/e ratio peaked in Mar2020 at 15.52x.

- NAGREEKA EXPORTS 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does NAGREEKA EXPORTS 's P/E Ratio benchmark against top 10 peers in Textile - Spinning Industry?

Peer Comparison (Textile - Spinning Industry)Earnings-TTM (Cr)PE RatioMarket Cap
NAGREEKA EXPORTS 9.659.9996.4
TRIDENT LTD349.9759.0220,653.9
FILATEX INDIA LTD110.6622.732,515.8
NITIN SPINNERS LTD131.5214.881,957.3
NAHAR SPINNING MILLS LTD-40.92-23.70969.8
SUTLEJ TEXTILES AND INDUSTRIES LTD-135.56-6.88933.0
AMBIKA COTTON MILLS LTD65.0213.51878.2
RAJAPALAYAM MILLS LTD6.90128.68887.9
NAHAR INDUSTRIAL ENTERPRISES LTD3.43155.22532.1
SUPER SALES INDIA LTD27.0423.12625.0
PRECOT LTD-4.26-106.10452.4

Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs NAGREEKA EXPORTS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -106.10x
Max industry PE 155.22x
Median industry PE 14.88x
Average industry PE 26.41x



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