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NANDAN DENIM
PE (Price/Earnings) Ratio

The Current P/E Ratio of NANDAN DENIM is 26.20.

Share Price ₹38.0May 10,2024
Market Cap ₹547.4 Cr
Earnings-TTM₹20.9 CrTTM-Standalone Results
Price/Earnings26.20xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NANDAN DENIM

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 NANDAN DENIM is calculated as :

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 ]

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

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 latest p/e ratio is 26.20x.

- 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 RatioMarket Cap
NANDAN DENIM 20.8926.20547.4
PAGE INDUSTRIES LTD539.3471.4538,533.7
KPR MILL LTD805.3534.1127,469.9
VEDANT FASHIONS LTD414.1757.6123,862.2
SWAN ENERGY LTD646.4625.6716,594.4
WELSPUN LIVING LTD672.6320.2313,605.3
ALOK INDUSTRIES LTD-845.86-15.2412,894.7
VARDHMAN TEXTILES LTD594.0521.2812,641.3
ARVIND LTD352.7126.759,434.4
GARWARE TECHNICAL FIBRES LTD198.3731.886,323.4
JINDAL WORLDWIDE LTD74.0195.557,071.4

Textile Industry Benchmark (Top 10) PE Analysis vs NANDAN DENIM 's P/E Ratio

Top 10 Industry PeersPE 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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