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NARBADA GEMS AND JEWELLERY
PE (Price/Earnings) Ratio

The Current P/E Ratio of NARBADA GEMS AND JEWELLERY is 21.13.

Share Price ₹69.4May 14,2024
Market Cap ₹147.1 Cr
Earnings-TTM₹7.0 CrTTM-Standalone Results
Price/Earnings21.13xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NARBADA GEMS AND JEWELLERY

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 NARBADA GEMS AND JEWELLERY is calculated as :

Current Market Cap [ ₹147.1 Cr] as on May 14,2024

(/) Earnings [ ₹7.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 21.13x ]

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

Thus, for NARBADA GEMS AND JEWELLERY , the investors are currently willing to pay 21.13 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 NARBADA GEMS AND JEWELLERY !

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 NARBADA GEMS AND JEWELLERY over the last five years.

Historical PE (Price/Earnings) ratio chart of NARBADA GEMS AND JEWELLERY


PE Ratio Performance Analysis for NARBADA GEMS AND JEWELLERY

- NARBADA GEMS AND JEWELLERY 's latest p/e ratio is 21.13x.

- NARBADA GEMS AND JEWELLERY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 23.03x.

- NARBADA GEMS AND JEWELLERY 's operated at median p/e ratio of 20.8x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NARBADA GEMS AND JEWELLERY 's p/e ratio peaked in Mar2019 at 42.16x.

- NARBADA GEMS AND JEWELLERY 's p/e ratio hit its five-year low in Mar2020 of 6.89x.


How does NARBADA GEMS AND JEWELLERY 's P/E Ratio benchmark against top 10 peers in Trading Industry?

Peer Comparison (Trading Industry)Earnings-TTM (Cr)PE RatioMarket Cap
NARBADA GEMS AND JEWELLERY 6.9621.13147.1
ADANI ENTERPRISES LTD3,293.18105.13346,224.0
REDINGTON LTD1,243.1113.3416,585.3
HONASA CONSUMER LTD77.66173.8013,496.7
MMTC LTD49.62216.0810,722.0
MSTC LTD239.5624.715,919.9
LLOYDS ENTERPRISES LTD174.8024.394,264.2
VERITAS (INDIA) LTD191.6218.103,469.1
NOVARTIS INDIA LTD85.1930.452,593.6
OPTIEMUS INFRACOM LTD53.2341.742,222.0
MISHTANN FOODS LTD26.0173.831,920.5

Trading Industry Benchmark (Top 10) PE Analysis vs NARBADA GEMS AND JEWELLERY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 13.34x
Max industry PE 216.08x
Median industry PE 30.45x
Average industry PE 67.52x



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