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NAHAR POLY FILMS
PE (Price/Earnings) Ratio

The Current P/E Ratio of NAHAR POLY FILMS is -76.30.

Share Price ₹196.2Apr 15,2024
Market Cap ₹482.7 Cr
Earnings-TTM₹-6.3 CrTTM-Consolidated Results
Price/Earnings-76.30xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NAHAR POLY FILMS

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 POLY FILMS is calculated as :

Current Market Cap [ ₹482.7 Cr] as on Apr 15,2024

(/) Earnings [ ₹-6.3 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ -76.30x ]

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

Thus, for NAHAR POLY FILMS , the investors are currently willing to pay -76.30 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 POLY FILMS !

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 POLY FILMS over the last five years.

Historical PE (Price/Earnings) ratio chart of NAHAR POLY FILMS


PE Ratio Performance Analysis for NAHAR POLY FILMS

- NAHAR POLY FILMS 's latest p/e ratio is -76.30x.

- NAHAR POLY FILMS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.16x.

- NAHAR POLY FILMS 's operated at median p/e ratio of 7.56x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NAHAR POLY FILMS 's p/e ratio peaked in Mar2022 at 14.11x.

- NAHAR POLY FILMS 's p/e ratio hit its five-year low in Mar2020 of 1.72x.


How does NAHAR POLY FILMS 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
NAHAR POLY FILMS -6.33-76.30482.7
ASTRAL LTD564.8093.5552,837.6
SUPREME INDUSTRIES LTD959.0553.5351,341.1
FINOLEX INDUSTRIES LTD433.6035.4415,366.1
RESPONSIVE INDUSTRIES LTD138.1356.127,751.4
PRINCE PIPES AND FITTINGS LTD222.0029.986,656.3
EPL LTD276.9020.675,722.9
JAI CORP LTD-9.29-555.235,158.1
TIME TECHNOPLAST LTD286.8420.956,010.2
GARWARE HITECH FILMS LTD188.5521.203,997.8
JAIN IRRIGATION SYSTEMS LTD-43.94-85.493,756.5

Plastic Products Industry Benchmark (Top 10) PE Analysis vs NAHAR POLY FILMS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -555.23x
Max industry PE 93.55x
Median industry PE 21.20x
Average industry PE -35.05x



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