NANDAN DENIM
|
The Current P/E Ratio of NANDAN DENIM is 26.20.
Share Price | ₹38.0 | May 10,2024 |
Market Cap | ₹547.4 Cr | |
Earnings-TTM | ₹20.9 Cr | TTM-Standalone Results |
Price/Earnings | 26.20x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NANDAN DENIM
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹547.4 Cr] as on May 10,2024
(/) Earnings [ ₹20.9 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 26.20x ]
Thus, for NANDAN DENIM , the investors are currently willing to pay 26.20 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 NANDAN DENIM !
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 NANDAN DENIM over the last five years.
Historical PE (Price/Earnings) ratio chart of NANDAN DENIM
PE Ratio Performance Analysis for NANDAN DENIM
- NANDAN DENIM 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 59.37x.
- NANDAN DENIM 's operated at median p/e ratio of 4.03x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NANDAN DENIM 's p/e ratio peaked in Mar2023 at 279.53x.
- NANDAN DENIM 's p/e ratio hit its five-year low in Mar2021 of 0x.
How does NANDAN DENIM 's P/E Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
NANDAN DENIM | 20.89 | 26.20 | 547.4 |
PAGE INDUSTRIES LTD | 539.34 | 71.45 | 38,533.7 |
KPR MILL LTD | 805.35 | 34.11 | 27,469.9 |
VEDANT FASHIONS LTD | 414.17 | 57.61 | 23,862.2 |
SWAN ENERGY LTD | 646.46 | 25.67 | 16,594.4 |
WELSPUN LIVING LTD | 672.63 | 20.23 | 13,605.3 |
ALOK INDUSTRIES LTD | -845.86 | -15.24 | 12,894.7 |
VARDHMAN TEXTILES LTD | 594.05 | 21.28 | 12,641.3 |
ARVIND LTD | 352.71 | 26.75 | 9,434.4 |
GARWARE TECHNICAL FIBRES LTD | 198.37 | 31.88 | 6,323.4 |
JINDAL WORLDWIDE LTD | 74.01 | 95.55 | 7,071.4 |
Textile Industry Benchmark (Top 10) PE Analysis vs NANDAN DENIM 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -15.24x |
Max industry PE | 95.55x |
Median industry PE | 26.75x |
Average industry PE | 35.95x |
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