NATIONAL ALUMINIUM COMPANY
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The Current P/E Ratio of NATIONAL ALUMINIUM COMPANY is 22.15.
Share Price | ₹188.9 | Apr 26,2024 |
Market Cap | ₹34,693.4 Cr | |
Earnings-TTM | ₹1,566.0 Cr | TTM-Consolidated Results |
Price/Earnings | 22.15x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NATIONAL ALUMINIUM COMPANY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹34,693.4 Cr] as on Apr 26,2024
(/) Earnings [ ₹1,566.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 22.15x ]
Thus, for NATIONAL ALUMINIUM COMPANY , the investors are currently willing to pay 22.15 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 NATIONAL ALUMINIUM COMPANY !
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 NATIONAL ALUMINIUM COMPANY over the last five years.
Historical PE (Price/Earnings) ratio chart of NATIONAL ALUMINIUM COMPANY
PE Ratio Performance Analysis for NATIONAL ALUMINIUM COMPANY
- NATIONAL ALUMINIUM COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 14.23x.
- NATIONAL ALUMINIUM COMPANY 's operated at median p/e ratio of 7.63x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NATIONAL ALUMINIUM COMPANY 's p/e ratio peaked in Mar2020 at 39.92x.
- NATIONAL ALUMINIUM COMPANY 's p/e ratio hit its five-year low in Mar2019 of 5.96x.
How does NATIONAL ALUMINIUM COMPANY 's P/E Ratio benchmark against top 10 peers in Aluminium & Aluminium Products Industry?
Peer Comparison (Aluminium & Aluminium Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
NATIONAL ALUMINIUM COMPANY | 1,566.00 | 22.15 | 34,693.4 |
HARDWYN INDIA LTD | 8.01 | 135.16 | 1,082.9 |
ARFIN INDIA LTD | 8.63 | 99.50 | 859.0 |
MAAN ALUMINIUM LTD | 39.93 | 20.58 | 821.8 |
MMP INDUSTRIES LTD | 23.02 | 33.02 | 760.2 |
PG FOILS LTD | 9.55 | 24.04 | 229.5 |
MANAKSIA ALUMINIUM COMPANY LTD | 6.98 | 25.88 | 180.6 |
CENTURY EXTRUSIONS LTD | 6.78 | 22.77 | 154.4 |
Aluminium & Aluminium Products Industry Benchmark (Top 10) PE Analysis vs NATIONAL ALUMINIUM COMPANY 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 20.58x |
Max industry PE | 135.16x |
Median industry PE | 25.88x |
Average industry PE | 47.89x |
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