NATIONAL PLASTIC TECHNOLOGIES
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The Current P/E Ratio of NATIONAL PLASTIC TECHNOLOGIES is 31.95.
Share Price | ₹421.5 | May 14,2024 |
Market Cap | ₹257.1 Cr | |
Earnings-TTM | ₹8.0 Cr | TTM-Standalone Results |
Price/Earnings | 31.95x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of NATIONAL PLASTIC TECHNOLOGIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹257.1 Cr] as on May 14,2024
(/) Earnings [ ₹8.0 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 31.95x ]
Thus, for NATIONAL PLASTIC TECHNOLOGIES , the investors are currently willing to pay 31.95 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 PLASTIC TECHNOLOGIES !
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 PLASTIC TECHNOLOGIES over the last five years.
Historical PE (Price/Earnings) ratio chart of NATIONAL PLASTIC TECHNOLOGIES
PE Ratio Performance Analysis for NATIONAL PLASTIC TECHNOLOGIES
- NATIONAL PLASTIC TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 12.25x.
- NATIONAL PLASTIC TECHNOLOGIES 's operated at median p/e ratio of 11.91x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NATIONAL PLASTIC TECHNOLOGIES 's p/e ratio peaked in Mar2021 at 16.8x.
- NATIONAL PLASTIC TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2020 of 8.55x.
How does NATIONAL PLASTIC TECHNOLOGIES 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?
Peer Comparison (Plastic Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
NATIONAL PLASTIC TECHNOLOGIES | 8.05 | 31.95 | 257.1 |
ASTRAL LTD | 564.80 | 105.12 | 59,369.3 |
SUPREME INDUSTRIES LTD | 962.86 | 68.46 | 65,916.8 |
FINOLEX INDUSTRIES LTD | 435.37 | 42.93 | 18,691.9 |
RESPONSIVE INDUSTRIES LTD | 138.13 | 53.87 | 7,441.0 |
PRINCE PIPES AND FITTINGS LTD | 222.00 | 32.06 | 7,117.4 |
EPL LTD | 276.90 | 21.82 | 6,042.8 |
JAI CORP LTD | -9.29 | -569.35 | 5,289.2 |
TIME TECHNOPLAST LTD | 286.84 | 21.82 | 6,258.7 |
GARWARE HITECH FILMS LTD | 188.55 | 20.50 | 3,865.6 |
JAIN IRRIGATION SYSTEMS LTD | -43.94 | -103.58 | 4,551.5 |
Plastic Products Industry Benchmark (Top 10) PE Analysis vs NATIONAL PLASTIC TECHNOLOGIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -569.35x |
Max industry PE | 105.12x |
Median industry PE | 31.95x |
Average industry PE | -24.95x |
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