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NAHAR INDUSTRIAL ENTERPRISES
PE (Price/Earnings) Ratio

The Current P/E Ratio of NAHAR INDUSTRIAL ENTERPRISES is 162.57.

Share Price ₹129.0May 02,2024
Market Cap ₹557.3 Cr
Earnings-TTM₹3.4 CrTTM-Consolidated Results
Price/Earnings162.57xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NAHAR INDUSTRIAL ENTERPRISES

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 NAHAR INDUSTRIAL ENTERPRISES is calculated as :

Current Market Cap [ ₹557.3 Cr] as on May 02,2024

(/) Earnings [ ₹3.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 162.57x ]

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

Thus, for NAHAR INDUSTRIAL ENTERPRISES , the investors are currently willing to pay 162.57 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 NAHAR INDUSTRIAL ENTERPRISES !

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 NAHAR INDUSTRIAL ENTERPRISES over the last five years.

Historical PE (Price/Earnings) ratio chart of NAHAR INDUSTRIAL ENTERPRISES


PE Ratio Performance Analysis for NAHAR INDUSTRIAL ENTERPRISES

- NAHAR INDUSTRIAL ENTERPRISES 's latest p/e ratio is 162.57x.

- NAHAR INDUSTRIAL ENTERPRISES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.83x.

- NAHAR INDUSTRIAL ENTERPRISES 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NAHAR INDUSTRIAL ENTERPRISES 's p/e ratio peaked in Mar2023 at 4.96x.

- NAHAR INDUSTRIAL ENTERPRISES 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does NAHAR INDUSTRIAL ENTERPRISES 's P/E Ratio benchmark against top 10 peers in Textile - Spinning Industry?

Peer Comparison (Textile - Spinning Industry)Earnings-TTM (Cr)PE RatioMarket Cap
NAHAR INDUSTRIAL ENTERPRISES 3.43162.57557.3
TRIDENT LTD421.6247.9720,225.8
FILATEX INDIA LTD110.6624.622,724.4
NITIN SPINNERS LTD130.8815.882,078.5
NAHAR SPINNING MILLS LTD-40.92-25.191,030.9
SUTLEJ TEXTILES AND INDUSTRIES LTD-133.86-7.34982.5
AMBIKA COTTON MILLS LTD65.0213.84900.2
RAJAPALAYAM MILLS LTD6.90130.14898.0
SUPER SALES INDIA LTD27.0421.58583.3
PRECOT LTD-4.26-110.32470.4
MARAL OVERSEAS LTD-16.52-19.73326.0

Textile - Spinning Industry Benchmark (Top 10) PE Analysis vs NAHAR INDUSTRIAL ENTERPRISES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -110.32x
Max industry PE 162.57x
Median industry PE 15.88x
Average industry PE 23.09x



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