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NATIONAL ALUMINIUM COMPANY
PE (Price/Earnings) Ratio

The Current P/E Ratio of NATIONAL ALUMINIUM COMPANY is 22.15.

Share Price ₹188.9Apr 26,2024
Market Cap ₹34,693.4 Cr
Earnings-TTM₹1,566.0 CrTTM-Consolidated Results
Price/Earnings22.15xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of NATIONAL ALUMINIUM COMPANY

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 NATIONAL ALUMINIUM COMPANY is calculated as :

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 ]

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

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 latest p/e ratio is 22.15x.

- 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 RatioMarket Cap
NATIONAL ALUMINIUM COMPANY 1,566.0022.1534,693.4
HARDWYN INDIA LTD8.01135.161,082.9
ARFIN INDIA LTD8.6399.50859.0
MAAN ALUMINIUM LTD39.9320.58821.8
MMP INDUSTRIES LTD23.0233.02760.2
PG FOILS LTD9.5524.04229.5
MANAKSIA ALUMINIUM COMPANY LTD6.9825.88180.6
CENTURY EXTRUSIONS LTD6.7822.77154.4

Aluminium & Aluminium Products Industry Benchmark (Top 10) PE Analysis vs NATIONAL ALUMINIUM COMPANY 's P/E Ratio

Top 10 Industry PeersPE 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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